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GetSwift Technologies (GetSwift Technologies) Net Current Asset Value : $0.21 (As of Mar. 2021)


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What is GetSwift Technologies 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).

GetSwift Technologies's net current asset value per share for the quarter that ended in Mar. 2021 was $0.21.

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

GTSWF's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.37
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

GetSwift Technologies Net Current Asset Value Historical Data

The historical data trend for GetSwift Technologies'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.

GetSwift Technologies Net Current Asset Value Chart

GetSwift Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20
Net Current Asset Value
- 0.10 0.36 0.24 0.08

GetSwift Technologies Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21
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 0.20 - 0.08 - 0.21

Competitive Comparison of GetSwift Technologies's Net Current Asset Value

For the Software - Application subindustry, GetSwift Technologies'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.


GetSwift Technologies's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, GetSwift Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



GetSwift Technologies Net Current Asset Value Calculation

GetSwift Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2020 is calculated as

Net Current Asset Value Per Share(A: Jun. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(37.733-17.565-4.263-0)/192.174
=0.08

GetSwift Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2021 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19.526-9.421-3.771-0)/30.7642
=0.21

* 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.


GetSwift Technologies  (OTCPK:GTSWF) 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.


GetSwift Technologies Net Current Asset Value Related Terms

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GetSwift Technologies (GetSwift Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1185 6th Avenue, New York, NY, USA, 10036
GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.

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