GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Four Leaf Acquisition Corp (NAS:FORL) » Definitions » Net Current Asset Value

FORL (Four Leaf Acquisition) Net Current Asset Value : $-1.49 (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Four Leaf 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).

Four Leaf Acquisition's net current asset value per share for the quarter that ended in Mar. 2025 was $-1.49.

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

FORL's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Four Leaf Acquisition Net Current Asset Value Historical Data

The historical data trend for Four Leaf 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.

Four Leaf Acquisition Net Current Asset Value Chart

Four Leaf Acquisition Annual Data
Trend Dec22 Dec23 Dec24
Net Current Asset Value
-0.10 -0.48 -1.34

Four Leaf Acquisition Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.66 -1.19 -1.19 -1.34 -1.49

Competitive Comparison of Four Leaf Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Four Leaf 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.


Four Leaf 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, Four Leaf Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


;
;

Four Leaf Acquisition Net Current Asset Value Calculation

Four Leaf Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.063-5.524-0-0)/4.078
=-1.34

Four Leaf Acquisition'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)
=(0.049-6.11-0-0)/4.078
=-1.49

* 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.


Four Leaf Acquisition  (NAS:FORL) 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.


Four Leaf Acquisition Net Current Asset Value Related Terms

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


Four Leaf Acquisition Business Description

Traded in Other Exchanges
N/A
Address
4546 El Camino Real B10 No. 715, Los Altos, CA, USA, 94022
Four Leaf Acquisition Corp is a blank check company.
Executives
Stephen Markscheid director C/O ENER-CORE, INC., 9400 TOLEDO WAY, IRVINE CA 92618
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Bala Padmakumar director 419 WEBSTER STREET, MONTEREY CA 93940
Alwa Sponsor Llc 10 percent owner 4556 EL CAMINO REAL B10 #75, LOS ALTOS CA 94022
Kou Coco officer: Chief Financial Officer 4556 EL CAMINO REAL B10 #75, LOS ALTOS CA 94022
Angel Orrantia director, officer: Chief Executive Officer 4556 EL CAMINO REAL B10 #75, LOS ALTOS CA 94022
Alvin Wang director 4556 EL CAMINO REAL B10 #75, LOS ALTOS CA 94022
Neve Robert De officer: Chief Strategy Officer 4556 EL CAMINO REAL B10 #75, LOS ALTOS CA 94022