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Magnum Goldcorp (FRA:1CJ0) Net Current Asset Value : €-0.04 (As of Feb. 2025)


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What is Magnum Goldcorp 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).

Magnum Goldcorp's net current asset value per share for the quarter that ended in Feb. 2025 was €-0.04.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Magnum Goldcorp was 120.00. The lowest was 3.71. And the median was 6.27.

FRA:1CJ0's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 5.575
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Magnum Goldcorp Net Current Asset Value Historical Data

The historical data trend for Magnum Goldcorp'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.

Magnum Goldcorp Net Current Asset Value Chart

Magnum Goldcorp Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.14 0.04 -0.01 -0.02

Magnum Goldcorp Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.02 -0.02 -0.03 -0.04

Competitive Comparison of Magnum Goldcorp's Net Current Asset Value

For the Gold subindustry, Magnum Goldcorp'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.


Magnum Goldcorp's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magnum Goldcorp's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Magnum Goldcorp's Price-to-Net-Current-Asset-Value falls into.


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Magnum Goldcorp Net Current Asset Value Calculation

Magnum Goldcorp's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2024 is calculated as

Net Current Asset Value Per Share(A: May. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.003-0.103-0-0)/4.827
=-0.02

Magnum Goldcorp's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2025 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.009-0.211-0-0)/4.827
=-0.04

* 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.


Magnum Goldcorp  (FRA:1CJ0) 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.


Magnum Goldcorp Net Current Asset Value Related Terms

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Magnum Goldcorp Business Description

Traded in Other Exchanges
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Magnum Goldcorp Inc is mainly engaged in the acquisition and exploration of mineral resource properties. The company holds an interest in LH Gold property located in the east of Slocan Mining Division of Southeastern British Columbia.

Magnum Goldcorp Headlines

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