GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golden Matrix Group Inc (FRA:SE0C) » Definitions » Net Current Asset Value

Golden Matrix Group (FRA:SE0C) Net Current Asset Value : €0.48 (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Golden Matrix Group 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).

Golden Matrix Group's net current asset value per share for the quarter that ended in Jan. 2024 was €0.48.

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

FRA:SE0C' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.1   Med: 8.81   Max: 22.42
Current: 7.87

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Golden Matrix Group was 22.42. The lowest was 4.10. And the median was 8.81.

FRA:SE0C's Price-to-Net-Current-Asset-Value is ranked worse than
71.05% of 380 companies
in the Interactive Media industry
Industry Median: 4.095 vs FRA:SE0C: 7.87

Golden Matrix Group Net Current Asset Value Historical Data

The historical data trend for Golden Matrix Group'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.

Golden Matrix Group Net Current Asset Value Chart

Golden Matrix Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.05 0.48 0.49 0.48

Golden Matrix Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.45 0.45 0.45 0.48 0.48

Competitive Comparison of Golden Matrix Group's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Golden Matrix Group'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.


Golden Matrix Group's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golden Matrix Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Golden Matrix Group's Price-to-Net-Current-Asset-Value falls into.



Golden Matrix Group Net Current Asset Value Calculation

Golden Matrix Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2023 is calculated as

Net Current Asset Value Per Share(A: Oct. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21.642-4.242-0-0)/36.1629
=0.48

Golden Matrix Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(22.21-4.544-0-0)/36.6159
=0.48

* 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.


Golden Matrix Group  (FRA:SE0C) 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.


Golden Matrix Group Net Current Asset Value Related Terms

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


Golden Matrix Group (FRA:SE0C) Business Description

Traded in Other Exchanges
Address
3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.

Golden Matrix Group (FRA:SE0C) Headlines

No Headlines