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KushCo Holdings (KushCo Holdings) Net Current Asset Value : $0.29 (As of May. 2021)


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What is KushCo 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).

KushCo Holdings's net current asset value per share for the quarter that ended in May. 2021 was $0.29.

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

KSHB' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.4   Med: 19.32   Max: 65.5
Current: 2.4

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of KushCo Holdings was 65.50. The lowest was 2.40. And the median was 19.32.

KSHB's Price-to-Net-Current-Asset-Value is not ranked
in the Packaging & Containers industry.
Industry Median: 3.79 vs KSHB: 2.40

KushCo Holdings Net Current Asset Value Historical Data

The historical data trend for KushCo 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.

KushCo Holdings Net Current Asset Value Chart

KushCo Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Net Current Asset Value
Get a 7-Day Free Trial 0.04 -0.12 0.26 0.31 0.13

KushCo Holdings Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 0.09 0.13 0.14 0.32 0.29

Competitive Comparison of KushCo Holdings's Net Current Asset Value

For the Packaging & Containers subindustry, KushCo 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.


KushCo Holdings's Price-to-Net-Current-Asset-Value Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, KushCo Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



KushCo Holdings Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Aug. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(57.006-40.927-0-0)/125.708
=0.13

KushCo Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2021 is calculated as

Net Current Asset Value Per Share(Q: May. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(76.209-30.392-0-0)/159.381
=0.29

* 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.


KushCo Holdings  (OTCPK:KSHB) 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.


KushCo Holdings Net Current Asset Value Related Terms

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KushCo Holdings (KushCo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6261 Katella Avenue, Suite 250, Cypress, CA, USA, 90630
KushCo Holdings Inc is engaged in marketing and selling of customized packaging products, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions to customers operating in the regulated medical and recreational cannabis industries. The firm's packaging products consist of bottles, bags, tubes, and containers. Its subsidiaries and brands provide product quality, customer service, compliance knowledge and a local presence in serving its diverse customer base. The firm has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.
Executives
Stephen Christoffersen officer: Chief Financial Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Nicholas Kovacevich director, officer: Chairman and CEO 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De officer: Chief Operating Officer C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Donald H Hunter director C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Barbara Goodstein director 23 MAIN STREET, HOLMDEL NJ 07733
Dallas Imbimbo director 1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Eric Baum director 866 BERKSHIRE DRIVE, WESTBURY NY 11590
Christopher Tedford officer: Chief Financial Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jason Vegotsky officer: Chief Revenue Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jim Mccormick officer: CFO and COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Ben Wu other: Consultant, Former COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Chris Martin other: None 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Greg Gamet other: None 3539 GAYLORD STREET DENVER CO 80205
Jeffrey Meng 10 percent owner 17595 HARVARD STREET C552 IRVINE CA 92614

KushCo Holdings (KushCo Holdings) Headlines

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