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LFSWF (Lifeist Wellness) Net Current Asset Value : $0.02 (As of Aug. 2024)


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What is Lifeist Wellness 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).

Lifeist Wellness's net current asset value per share for the quarter that ended in Aug. 2024 was $0.02.

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

LFSWF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.45   Med: 4.5   Max: 66.25
Current: 1.59

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lifeist Wellness was 66.25. The lowest was 1.45. And the median was 4.50.

LFSWF's Price-to-Net-Current-Asset-Value is ranked better than
89.69% of 611 companies
in the Drug Manufacturers industry
Industry Median: 5.72 vs LFSWF: 1.59

Lifeist Wellness Net Current Asset Value Historical Data

The historical data trend for Lifeist Wellness'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.

Lifeist Wellness Net Current Asset Value Chart

Lifeist Wellness Annual Data
Trend Mar14 Mar15 Aug16 Aug17 Aug18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 0.76 0.62 0.27 -0.03

Lifeist Wellness Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.03 -0.08 -0.08 0.02

Competitive Comparison of Lifeist Wellness's Net Current Asset Value

For the Drug Manufacturers - Specialty & Generic subindustry, Lifeist Wellness'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.


Lifeist Wellness's Price-to-Net-Current-Asset-Value Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Lifeist Wellness's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Lifeist Wellness Net Current Asset Value Calculation

Lifeist Wellness's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(A: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(6.406-7.252-0-0)/27.8848
=-0.03

Lifeist Wellness's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.707-2.047-0-0)/35.9133
=0.02

* 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.


Lifeist Wellness  (OTCPK:LFSWF) 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.


Lifeist Wellness Net Current Asset Value Related Terms

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Lifeist Wellness Business Description

Traded in Other Exchanges
Address
18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8
Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes; CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis-derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Zest Brand, liquid Diamond vape formulations; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company. The firm generates a majority of its revenue from the operations of CannMart.