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Caixa Seguridade Participacoes (BSP:CXSE3) Net Current Asset Value : R$0.00 (As of Dec. 2023)


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What is Caixa Seguridade Participacoes Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Caixa Seguridade Participacoes's net current asset value per share for the quarter that ended in Dec. 2023 was R$0.00.

The historical rank and industry rank for Caixa Seguridade Participacoes's Net Current Asset Value or its related term are showing as below:

BSP:CXSE3's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 7.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Caixa Seguridade Participacoes Net Current Asset Value Historical Data

The historical data trend for Caixa Seguridade Participacoes's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caixa Seguridade Participacoes Net Current Asset Value Chart

Caixa Seguridade Participacoes Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Caixa Seguridade Participacoes Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Caixa Seguridade Participacoes's Net Current Asset Value

For the Insurance - Diversified subindustry, Caixa Seguridade Participacoes's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caixa Seguridade Participacoes's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Caixa Seguridade Participacoes's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Caixa Seguridade Participacoes's Price-to-Net-Current-Asset-Value falls into.



Caixa Seguridade Participacoes Net Current Asset Value Calculation

Caixa Seguridade Participacoes's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-1418.439-0-0)/3000
=N/A

Caixa Seguridade Participacoes's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-1418.439-0-0)/3000
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caixa Seguridade Participacoes  (BSP:CXSE3) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Caixa Seguridade Participacoes Net Current Asset Value Related Terms

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Caixa Seguridade Participacoes (BSP:CXSE3) Business Description

Traded in Other Exchanges
N/A
Address
Quadra 3, Bloco E, Edifício CAIXA Matriz II, 3rd floor, Brasilia, DF, BRA
Caixa Seguridade Participacoes SA is engaged in the structuring and marketing of a broad range of insurance products, private pension plans, and premium bonds, management, marketing, and offering of private medical and dental care plans, rendering of brokerage services for these products, It has three operating segments; Run-off / Open sea (insurance businesses), Insurance (investment in insurance businesses established as a result of the competitive process of choosing strategic partners to operate the CAIXA branch) and Distribution (businesses related to the management of access to the distribution network and use of the CAIXA brand and the brokerage and intermediation of insurance products).

Caixa Seguridade Participacoes (BSP:CXSE3) Headlines

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