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LPIX (LogiPix International) Net Current Asset Value : $-0.04 (As of Aug. 2023)


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What is LogiPix International 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).

LogiPix International's net current asset value per share for the quarter that ended in Aug. 2023 was $-0.04.

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

LPIX's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 2.985
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

LogiPix International Net Current Asset Value Historical Data

The historical data trend for LogiPix International'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.

LogiPix International Net Current Asset Value Chart

LogiPix International Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07
Net Current Asset Value
Get a 7-Day Free Trial - - -68.00 -949.00 -6,104.00

LogiPix International Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
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 -7,274.00 -8,437.00 -6,425.00 - -0.04

Competitive Comparison of LogiPix International's Net Current Asset Value

For the Building Products & Equipment subindustry, LogiPix International'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.


LogiPix International's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, LogiPix International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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LogiPix International Net Current Asset Value Calculation

LogiPix International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2007 is calculated as

Net Current Asset Value Per Share(A: Feb. 2007 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.977-8.081-0-0)/0.001
=-6,104.00

LogiPix International's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2023 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.001-0.014-0-0.01)/0.514
=-0.04

* 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.


LogiPix International  (OTCPK:LPIX) 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.


LogiPix International Net Current Asset Value Related Terms

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LogiPix International Business Description

Traded in Other Exchanges
N/A
Address
800 East Leigh Street, Suite 11, Richmond, VA, USA, 23219
LogiPix International Corp is a technological company. It develops and manufactures intelligent video monitoring solutions specifically for complex large-scale projects encompassing wide areas. Its solutions Airside Augmented Reality, Digital Tower Video for Airport, Border Surveillance, Highway Surveillance, and others.
Executives
Joseph W Parker director, 10 percent owner, officer: President/CEO 8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc 10 percent owner 8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman officer: CFO 24215 13TH PLACE W, BOTHELL WA 98021

LogiPix International Headlines

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