What is Digital Hollywood Interactive 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).
Digital Hollywood Interactive's net current asset value per share for the quarter that ended in Dec. 2023 was HK$0.09.
The historical rank and industry rank for Digital Hollywood Interactive's Net Current Asset Value or its related term are showing as below:
HKSE:02022'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.47 Med: 0.68 Max: 6.16
Current: 1.13
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Digital Hollywood Interactive was 6.16. The lowest was 0.47. And the median was 0.68.
HKSE:02022's Price-to-Net-Current-Asset-Value is ranked better than 91.96% of 373
companies
in the Interactive Media industry
Industry Median: 3.96
vs HKSE:02022: 1.13
Digital Hollywood Interactive Net Current Asset Value Historical Data
* 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.
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Digital Hollywood Interactive Net Current Asset Value Chart
Competitive Comparison of Digital Hollywood Interactive's Net Current Asset Value
For the Electronic Gaming & Multimedia subindustry, Digital Hollywood Interactive'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.
Digital Hollywood Interactive's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Digital Hollywood Interactive's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Digital Hollywood Interactive's Price-to-Net-Current-Asset-Value falls into.
Digital Hollywood Interactive Net Current Asset Value Calculation
Digital Hollywood Interactive's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Digital Hollywood Interactive (HKSE:02022) 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 Grahams 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.
Digital Hollywood Interactive Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Digital Hollywood Interactive's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Hollywood Interactive (HKSE:02022) Business Description
Digital Hollywood Interactive Ltd is a publisher of online games developed by third party game developers or its own. The Group licenses online games from game developers and earns game publishing service revenue by making a localised version of the licensed games and publishing them to the game players through distribution platforms, including social networking websites, online application stores, webbased and mobile game portals in certain countries and regions, including the Group's websites. The games licensed to the Group are operated under a free-to-play model whereby game players can play the games free of charge and are charged for the purchase of Game Tokens or other virtual items via payment channels, such as the various mobile carriers and third-party internet payment systems.
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