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East Stone Acquisition (East Stone Acquisition) Net Current Asset Value : $0.00 (As of Jun. 2022)


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What is East Stone Acquisition 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).

East Stone Acquisition's net current asset value per share for the quarter that ended in Jun. 2022 was $0.00.

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

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of East Stone Acquisition was 482.50. The lowest was 0.00. And the median was 482.50.

ESSCU's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.99
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

East Stone Acquisition Net Current Asset Value Historical Data

The historical data trend for East Stone Acquisition'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.

East Stone Acquisition Net Current Asset Value Chart

East Stone Acquisition Annual Data
Trend Jun19 Jun20 Dec21
Net Current Asset Value
- - -

East Stone Acquisition Quarterly Data
Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - - - -

Competitive Comparison of East Stone Acquisition's Net Current Asset Value

For the Shell Companies subindustry, East Stone Acquisition'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.


East Stone Acquisition's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, East Stone Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where East Stone Acquisition's Price-to-Net-Current-Asset-Value falls into.



East Stone Acquisition Net Current Asset Value Calculation

East Stone Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.064-10.297-0-0)/0
=N/A

East Stone Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.103-9.794-0-0)/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.


East Stone Acquisition  (NAS:ESSCU) 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.


East Stone Acquisition Net Current Asset Value Related Terms

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East Stone Acquisition (East Stone Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
25 Mall Road, Suite 330, Burlington, MA, USA, 01803
Website
East Stone Acquisition Corp is a blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Chun Yi Hao director, 10 percent owner, officer: Chairman and CFO 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Double Ventures Holdings Ltd 10 percent owner 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Fan Yu 10 percent owner 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
William Zielke director 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Sanjay Prasad director 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Michael S Cashel director 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Xiaoma Lu director, 10 percent owner, officer: Chief Executive Officer 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803

East Stone Acquisition (East Stone Acquisition) Headlines

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