Appollo Ispat Complex (DHA:APOLOISPAT) Net Current Asset Value : BDT6.79 (As of Mar. 2019)

View and export this data going back to 2013. Start your Free Trial

What is Appollo Ispat Complex 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).

Appollo Ispat Complex's net current asset value per share for the quarter that ended in Mar. 2019 was BDT6.79.

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

DHA:APOLOISPAT's Price-to-Net-Current-Asset-Value is not ranked ^*
in the Steel industry.
Industry Median: 2.99
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Appollo Ispat Complex Net Current Asset Value Historical Data

The historical data trend for Appollo Ispat Complex'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.

Appollo Ispat Complex Net Current Asset Value Chart

Appollo Ispat Complex Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Net Current Asset Value

Get a 7-Day Free Trial

6.77

6.65

6.62

7.31

7.10

Appollo Ispat Complex Quarterly Data
	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Net Current Asset Value	Get a 7-Day Free Trial															7.98	7.10	7.20	6.56	6.79

Competitive Comparison of Appollo Ispat Complex's Net Current Asset Value

For the Steel subindustry, Appollo Ispat Complex'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.

Appollo Ispat Complex's Price-to-Net-Current-Asset-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Appollo Ispat Complex's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Appollo Ispat Complex's Price-to-Net-Current-Asset-Value falls into.

Appollo Ispat Complex Net Current Asset Value Calculation

Appollo Ispat Complex's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2018 is calculated as

	Net Current Asset Value Per Share		(A: Jun. 2018 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(7972.956	-	5125.056	-	0	-	0)	/	401.309
=	7.10

Appollo Ispat Complex's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2019 is calculated as

	Net Current Asset Value Per Share		(Q: Mar. 2019 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(7781.704	-	5135.481	-	0	-	0)	/	389.62
=	6.79

Appollo Ispat Complex (DHA:APOLOISPAT) 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 Grahams 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.

Appollo Ispat Complex Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Appollo Ispat Complex's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Appollo Ispat Complex (DHA:APOLOISPAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Appollo Ispat Complex Ltd (DHA:APOLOISPAT) » Definitions » Net Current Asset Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

407, Tejgaon Industrial Area, 4th Floor, Phoenix Tower, Dhaka, BGD, 1208

Website

http://www.appollo-ispat.com

Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.

Appollo Ispat Complex (DHA:APOLOISPAT) Headlines

No Headlines