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Conduit Capital (Conduit Capital) Net Current Asset Value : $0.00 (As of Dec. 2021)


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What is Conduit Capital 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).

Conduit Capital's net current asset value per share for the quarter that ended in Dec. 2021 was $0.00.

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

CNCPF's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 4.9
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Conduit Capital Net Current Asset Value Historical Data

The historical data trend for Conduit Capital'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.

Conduit Capital Net Current Asset Value Chart

Conduit Capital Annual Data
Trend Aug12 Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Net Current Asset Value
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Conduit Capital Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of Conduit Capital's Net Current Asset Value

For the Insurance - Diversified subindustry, Conduit Capital'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.


Conduit Capital's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

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

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



Conduit Capital Net Current Asset Value Calculation

Conduit Capital's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2021 is calculated as

Net Current Asset Value Per Share(A: Jun. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-100.02--0.057-0)/688.276
=N/A

Conduit Capital's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-95.807--0.047-0)/688.276
=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.


Conduit Capital  (OTCPK:CNCPF) 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.


Conduit Capital Net Current Asset Value Related Terms

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Conduit Capital (Conduit Capital) Business Description

Traded in Other Exchanges
N/A
Address
2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.

Conduit Capital (Conduit Capital) Headlines

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