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Gesher I Acquisition (Gesher I Acquisition) Net Current Asset Value : $-0.46 (As of Sep. 2022)


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What is Gesher I 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).

Gesher I Acquisition's net current asset value per share for the quarter that ended in Sep. 2022 was $-0.46.

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

GIAC's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.75
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Gesher I Acquisition Net Current Asset Value Historical Data

The historical data trend for Gesher I 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.

Gesher I Acquisition Net Current Asset Value Chart

Gesher I Acquisition Annual Data
Trend Sep22
Net Current Asset Value
-0.46

Gesher I Acquisition Quarterly Data
Feb21 Jun21 Dec21 Mar22 Jun22 Sep22
Net Current Asset Value Get a 7-Day Free Trial -0.01 -0.23 -0.28 -0.39 -0.46

Competitive Comparison of Gesher I Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Gesher I 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.


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

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



Gesher I Acquisition Net Current Asset Value Calculation

Gesher I Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(A: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.421-7.151-0-0)/14.575
=-0.46

Gesher I Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.421-7.151-0-0)/14.575
=-0.46

* 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.


Gesher I Acquisition  (NAS:GIAC) 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.


Gesher I Acquisition Net Current Asset Value Related Terms

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Gesher I Acquisition (Gesher I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR
Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.
Executives
Noah G. Levy director 60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev director C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner director, 10 percent owner, officer: Chief Executive Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc 10 percent owner HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward officer: Chief Financial Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni director, 10 percent owner, officer: Chief Operating Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925