GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Juniper Industrial Holdings Inc (NYSE:JIH.U) » Definitions » Net Current Asset Value

Juniper Industrial Holdings (Juniper Industrial Holdings) Net Current Asset Value : $0.00 (As of Mar. 2021)


View and export this data going back to 2019. Start your Free Trial

What is Juniper Industrial Holdings 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).

Juniper Industrial Holdings's net current asset value per share for the quarter that ended in Mar. 2021 was $0.00.

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

JIH.U's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Juniper Industrial Holdings Net Current Asset Value Historical Data

The historical data trend for Juniper Industrial Holdings'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.

Juniper Industrial Holdings Net Current Asset Value Chart

Juniper Industrial Holdings Annual Data
Trend Dec19 Dec20
Net Current Asset Value
- -

Juniper Industrial Holdings Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21
Net Current Asset Value Get a 7-Day Free Trial - - - - -

Competitive Comparison of Juniper Industrial Holdings's Net Current Asset Value

For the Shell Companies subindustry, Juniper Industrial Holdings'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.


Juniper Industrial Holdings's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Juniper Industrial Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Juniper Industrial Holdings's Price-to-Net-Current-Asset-Value falls into.



Juniper Industrial Holdings Net Current Asset Value Calculation

Juniper Industrial Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(A: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.926-70.34-0-0)/0
=N/A

Juniper Industrial Holdings'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)
=(1.023-99.458-0-0)/0
=N/A

* 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.


Juniper Industrial Holdings  (NYSE:JIH.U) 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.


Juniper Industrial Holdings Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Juniper Industrial Holdings's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Juniper Industrial Holdings (Juniper Industrial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14 Fairmount Avenue, Chatham, NJ, USA, 07928
Juniper Industrial Holdings Inc is a blank check company.
Executives
David M Cote director PO BOX 781, ANNA MARIA FL 34216
Roger Fradin director, 10 percent owner, officer: Chief Executive Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Juniper Industrial Sponsor, Llc 10 percent owner 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Brian Scott Cook director, 10 percent owner, officer: Chief Financial Officer C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Mitchell Lawrence Jacobson director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Mark Stuart Levy director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928

Juniper Industrial Holdings (Juniper Industrial Holdings) Headlines

From GuruFocus

Clearlake Portfolio Company Janus International Acquires G&M Stor-More

By Business Wire Business Wire 01-20-2021

Janus International to Participate in the KeyBanc Industrials Conference

By Business Wire Business Wire 06-01-2021