HPCO (Hempacco Co) Net Current Asset Value: $-5.17 (As of Dec. 2023)

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What is Hempacco Co Net Current Asset Value?

Hempacco Co HPCO Net Current Asset Value is $-5.17 as of Dec. 2023.

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).

Hempacco Co's net current asset value per share for the quarter that ended in Dec. 2023 was $-5.17.

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

HPCO's Price-to-Net-Current-Asset-Value is not ranked *
in the Tobacco Products industry.
Industry Median: 7.56
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Hempacco Co  (OTCPK:HPCO) 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.


Hempacco Co Net Current Asset Value Related Terms


Hempacco Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Net Current Asset Value Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
-3.03 -1.12 0.03 -5.17

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 1.57 0.91 -0.80 -5.17

HPCO vs PM, MO: Net Current Asset Value Comparison

For the Tobacco subindustry, Hempacco Co'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.


Hempacco Co Price-to-Net-Current-Asset-Value vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Hempacco Co Net Current Asset Value Calculation

Hempacco Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.279-18.822--0.412-0)/2.927
=-5.17

Hempacco Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.279-18.822--0.412-0)/2.927
=-5.17

* 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.

What does a Net Current Asset Value of $-5.17 mean?
Hempacco Co (HPCO) has a Net Current Asset Value of $-5.17 as of Dec. 2023. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Net Current Asset Value too high?
Hempacco Co's current Net Current Asset Value is $-5.17.
How does Hempacco Co's Net Current Asset Value compare to PM and MO?
Hempacco Co's Net Current Asset Value of $-5.17 can be compared against companies in the Tobacco Products industry. The industry median Net Current Asset Value is 7.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Tobacco Products company?
The median Net Current Asset Value among Tobacco Products companies is 7.56, based on 29 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hempacco Co and its competitors. For the Tobacco Products industry, the median Net Current Asset Value is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hempacco Co's current Net Current Asset Value is $-5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Net Current Asset Value of $-5.17. The current Net Current Asset Value is $-5.17. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Hempacco Co (HPCO), the current Net Current Asset Value is $-5.17 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.