GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) » Definitions » Net Current Asset Value

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Net Current Asset Value : Rp71.64 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is PT Gowa Makassar Tourism Development Tbk 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).

PT Gowa Makassar Tourism Development Tbk's net current asset value per share for the quarter that ended in Dec. 2023 was Rp71.64.

The historical rank and industry rank for PT Gowa Makassar Tourism Development Tbk's Net Current Asset Value or its related term are showing as below:

ISX:GMTD' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 28.38   Med: 33.33   Max: 64.64
Current: 64.63

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Gowa Makassar Tourism Development Tbk was 64.64. The lowest was 28.38. And the median was 33.33.

ISX:GMTD's Price-to-Net-Current-Asset-Value is ranked worse than
96.61% of 767 companies
in the Real Estate industry
Industry Median: 2.31 vs ISX:GMTD: 64.63

PT Gowa Makassar Tourism Development Tbk Net Current Asset Value Historical Data

The historical data trend for PT Gowa Makassar Tourism Development Tbk'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.

PT Gowa Makassar Tourism Development Tbk Net Current Asset Value Chart

PT Gowa Makassar Tourism Development Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.27 63.25 -22.02 -95.21 71.64

PT Gowa Makassar Tourism Development Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -95.21 -52.93 -52.23 11.69 71.64

Competitive Comparison of PT Gowa Makassar Tourism Development Tbk's Net Current Asset Value

For the Real Estate - Development subindustry, PT Gowa Makassar Tourism Development Tbk'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.


PT Gowa Makassar Tourism Development Tbk's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Gowa Makassar Tourism Development Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where PT Gowa Makassar Tourism Development Tbk's Price-to-Net-Current-Asset-Value falls into.



PT Gowa Makassar Tourism Development Tbk Net Current Asset Value Calculation

PT Gowa Makassar Tourism Development Tbk'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)
=(580395.582-507651.355--0.001-0)/1015.38
=71.64

PT Gowa Makassar Tourism Development Tbk'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)
=(580395.582-507651.355--0.001-0)/1015.38
=71.64

* 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.


PT Gowa Makassar Tourism Development Tbk  (ISX:GMTD) 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.


PT Gowa Makassar Tourism Development Tbk Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of PT Gowa Makassar Tourism Development Tbk's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Metro Tanjung Bunga Mall GTC, GA-9 No. 1B, Tanjung Bunga, Sulawesi Selatan, Makassar, IDN, 90134
PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments, the Core segment which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. Its organization is based in Indonesia and the majority of its revenues are derived from the real estate business.

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Headlines

No Headlines