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Prime Islami Life Insurance (DHA:PRIMELIFE) Net Current Asset Value : BDT0.00 (As of . 20)


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What is Prime Islami Life Insurance 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).

Prime Islami Life Insurance's net current asset value per share for the quarter that ended in . 20 was BDT0.00.

The historical rank and industry rank for Prime Islami Life Insurance's Net Current Asset Value or its related term are showing as below:

DHA:PRIMELIFE's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 9.42
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Prime Islami Life Insurance Net Current Asset Value Historical Data

The historical data trend for Prime Islami Life Insurance'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.

Prime Islami Life Insurance Net Current Asset Value Chart

Prime Islami Life Insurance Annual Data
Trend
Net Current Asset Value

Prime Islami Life Insurance Semi-Annual Data
Net Current Asset Value

Competitive Comparison of Prime Islami Life Insurance's Net Current Asset Value

For the Insurance - Life subindustry, Prime Islami Life Insurance'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.


Prime Islami Life Insurance's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

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

* The bar in red indicates where Prime Islami Life Insurance's Price-to-Net-Current-Asset-Value falls into.


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Prime Islami Life Insurance Net Current Asset Value Calculation

Prime Islami Life Insurance's Net Current Asset Value (NCAV) per share for the fiscal year that ended in . 20 is calculated as

Net Current Asset Value Per Share(A: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-N/A--)/0
=N/A

Prime Islami Life Insurance's Net Current Asset Value (NCAV) per share for the quarter that ended in . 20 is calculated as

Net Current Asset Value Per Share(Q: . 20 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-N/A--)/0
=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.


Prime Islami Life Insurance  (DHA:PRIMELIFE) 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.


Prime Islami Life Insurance Net Current Asset Value Related Terms

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Prime Islami Life Insurance Business Description

Traded in Other Exchanges
N/A
Address
28/G/1 Toyenbee Circular Road, Gause Pak Bhaban (13th Floor), Motijheel Commercial Area, Dhaka, BGD, 1000
Prime Islami Life Insurance Ltd operates as a life insurance company engaged in the provision of insurance products and services in Bangladesh. It offers endowment assurance plans, term assurance plans, and group assurance plans.

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