LGLOF (Green Block Mining) Net Current Asset Value: $-0.14 (As of Aug. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Green Block Mining Net Current Asset Value?

Green Block Mining LGLOF -90.00% Net Current Asset Value is $-0.14 as of Aug. 2021.

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).

Green Block Mining's net current asset value per share for the quarter that ended in Aug. 2021 was $-0.14.

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

LGLOF's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.14
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Green Block Mining  (OTCPK:LGLOF) 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.


Green Block Mining Net Current Asset Value Related Terms


Green Block Mining Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Net Current Asset Value Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Net Current Asset Value
-0.06 -0.04 -0.17

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 -0.13 -0.17 -0.30 -0.16 -0.14

LGLOF vs CRM, INTU, NOW: Net Current Asset Value Comparison

For the Software - Application subindustry, Green Block Mining'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.


Green Block Mining Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Price-to-Net-Current-Asset-Value falls into.



Green Block Mining Net Current Asset Value Calculation

Green Block Mining's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2020 is calculated as

Net Current Asset Value Per Share(A: Nov. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.826259-7.214095-0-0)/36.684017
=-0.17

Green Block Mining's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2021 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.122945-10.109917-0-0)/57.705107
=-0.14

* 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 $-0.14 mean?
Green Block Mining (LGLOF) has a Net Current Asset Value of $-0.14 as of Aug. 2021. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Net Current Asset Value too high?
Green Block Mining's current Net Current Asset Value is $-0.14.
How does Green Block Mining's Net Current Asset Value compare to CRM and INTU?
Green Block Mining's Net Current Asset Value of $-0.14 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 5.14. 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 Software company?
The median Net Current Asset Value among Software companies is 5.14, based on 1,762 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 Green Block Mining and its competitors. For the Software industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Net Current Asset Value is $-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Net Current Asset Value of $-0.14. The current Net Current Asset Value is $-0.14. 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 Green Block Mining (LGLOF), the current Net Current Asset Value is $-0.14 as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.