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Cherubim Interests (Cherubim Interests) Net Current Asset Value : $-15.17 (As of May. 2017)


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What is Cherubim Interests 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).

Cherubim Interests's net current asset value per share for the quarter that ended in May. 2017 was $-15.17.

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

CHIT's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.39
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Cherubim Interests Net Current Asset Value Historical Data

The historical data trend for Cherubim Interests'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.

Cherubim Interests Net Current Asset Value Chart

Cherubim Interests Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only - - - - -2,198.94

Cherubim Interests Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -2,198.94 -127.61 -92.08 -15.17

Competitive Comparison of Cherubim Interests's Net Current Asset Value

For the Real Estate - Development subindustry, Cherubim Interests'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.


Cherubim Interests's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cherubim Interests's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Cherubim Interests's Price-to-Net-Current-Asset-Value falls into.



Cherubim Interests Net Current Asset Value Calculation

Cherubim Interests's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2016 is calculated as

Net Current Asset Value Per Share(A: Aug. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.822-2.847-0-0.042)/0.00094
=-2,198.94

Cherubim Interests's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2017 is calculated as

Net Current Asset Value Per Share(Q: May. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.509-1.834-0-0.042)/0.0901
=-15.17

* 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.


Cherubim Interests  (OTCPK:CHIT) 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.


Cherubim Interests Net Current Asset Value Related Terms

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Cherubim Interests (Cherubim Interests) Business Description

Traded in Other Exchanges
N/A
Address
1304 Norwood Drive, Bedford, TX, USA, 76022
Cherubim Interests Inc is a development stage company operates in real estate business. It focuses on alternative construction projects. The company specializes in covering the entire spectrum of development including due diligence, acquisition, planning, construction, renovation, and management; providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties. Geographically, the activities are operated through the region of US.

Cherubim Interests (Cherubim Interests) Headlines

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