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Cheetah Oil & Gas (Cheetah Oil & Gas) Net Current Asset Value : $-0.03 (As of Jun. 2011)


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What is Cheetah Oil & Gas 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).

Cheetah Oil & Gas's net current asset value per share for the quarter that ended in Jun. 2011 was $-0.03.

The historical rank and industry rank for Cheetah Oil & Gas's Net Current Asset Value or its related term are showing as below:

COHG's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.55
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Cheetah Oil & Gas Net Current Asset Value Historical Data

The historical data trend for Cheetah Oil & Gas'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.

Cheetah Oil & Gas Net Current Asset Value Chart

Cheetah Oil & Gas Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.62 -0.06 -0.03 -0.02 -0.04

Cheetah Oil & Gas Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 -0.03 -0.04 -0.04 -0.02 -0.03

Competitive Comparison of Cheetah Oil & Gas's Net Current Asset Value

For the Oil & Gas E&P subindustry, Cheetah Oil & Gas'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.


Cheetah Oil & Gas's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheetah Oil & Gas's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Cheetah Oil & Gas's Price-to-Net-Current-Asset-Value falls into.



Cheetah Oil & Gas Net Current Asset Value Calculation

Cheetah Oil & Gas's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2010 is calculated as

Net Current Asset Value Per Share(A: Dec. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.058-0.545-0-0)/11.1036
=-0.04

Cheetah Oil & Gas's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2011 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2011 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.062-0.392-0-0)/13.039
=-0.03

* 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.


Cheetah Oil & Gas  (OTCPK:COHG) 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.


Cheetah Oil & Gas Net Current Asset Value Related Terms

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Cheetah Oil & Gas (Cheetah Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
498 Ellis Street, Second Floor, Penticton, BC, CAN, V2A 4MS
Cheetah Oil & Gas Ltd is an exploration stage oil and gas company which engages in the exploration for petroleum and natural gas.
Executives
Robert Mcallister other: formerCEO #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9

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