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JMI Hospital Requisite Manufacturing (DHA:JHRML) Net Current Asset Value : BDT15.74 (As of Mar. 2025)


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What is JMI Hospital Requisite Manufacturing 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).

JMI Hospital Requisite Manufacturing's net current asset value per share for the quarter that ended in Mar. 2025 was BDT15.74.

The historical rank and industry rank for JMI Hospital Requisite Manufacturing's Net Current Asset Value or its related term are showing as below:

DHA:JHRML' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.88   Med: 4.02   Max: 5.56
Current: 2.97

During the past 2 years, the highest Price-to-Net-Current-Asset-Value Ratio of JMI Hospital Requisite Manufacturing was 5.56. The lowest was 2.88. And the median was 4.02.

DHA:JHRML's Price-to-Net-Current-Asset-Value is ranked better than
69.24% of 582 companies
in the Medical Devices & Instruments industry
Industry Median: 5 vs DHA:JHRML: 2.97

JMI Hospital Requisite Manufacturing Net Current Asset Value Historical Data

The historical data trend for JMI Hospital Requisite Manufacturing'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.

JMI Hospital Requisite Manufacturing Net Current Asset Value Chart

JMI Hospital Requisite Manufacturing Annual Data
Trend Jun23 Jun24
Net Current Asset Value
14.36 15.99

JMI Hospital Requisite Manufacturing Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value Get a 7-Day Free Trial - 15.99 15.93 16.07 15.74

Competitive Comparison of JMI Hospital Requisite Manufacturing's Net Current Asset Value

For the Medical Instruments & Supplies subindustry, JMI Hospital Requisite Manufacturing'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.


JMI Hospital Requisite Manufacturing's Price-to-Net-Current-Asset-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JMI Hospital Requisite Manufacturing's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where JMI Hospital Requisite Manufacturing's Price-to-Net-Current-Asset-Value falls into.


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JMI Hospital Requisite Manufacturing Net Current Asset Value Calculation

JMI Hospital Requisite Manufacturing's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3433.059-1359.305-69.98-0)/125.294
=15.99

JMI Hospital Requisite Manufacturing's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3474.397-1366.845-135.88-0)/125.294
=15.74

* 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.


JMI Hospital Requisite Manufacturing  (DHA:JHRML) 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.


JMI Hospital Requisite Manufacturing Net Current Asset Value Related Terms

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JMI Hospital Requisite Manufacturing Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Hospital Requisite Manufacturing Ltd is engaged in the production of medical devices and components. The company produces health & hospicare products. The products of the company include Surgical Sutures, Surgical Gloves, IV Cannula, Bulk Needles, Blister Film, Infusion Set Components, Disposable Scalpels, Nasal Oxygen Cannulas, Blood Transfusion Sets, Urine Drainage Bags, Scalp Vein Sets, and others.

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