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BlueRock Diamonds (LSE:BRD) Net Current Asset Value : £-0.08 (As of Jun. 2022)


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What is BlueRock Diamonds 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).

BlueRock Diamonds's net current asset value per share for the quarter that ended in Jun. 2022 was £-0.08.

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

LSE:BRD's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 4.75
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

BlueRock Diamonds Net Current Asset Value Historical Data

The historical data trend for BlueRock Diamonds'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.

BlueRock Diamonds Net Current Asset Value Chart

BlueRock Diamonds Annual Data
Trend Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.20 0.33 0.10 -0.04 -0.16

BlueRock Diamonds Semi-Annual Data
Mar13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.04 -0.04 -0.06 -0.16 -0.08

Competitive Comparison of BlueRock Diamonds's Net Current Asset Value

For the Other Precious Metals & Mining subindustry, BlueRock Diamonds'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.


BlueRock Diamonds's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BlueRock Diamonds's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



BlueRock Diamonds Net Current Asset Value Calculation

BlueRock Diamonds's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.418-5.844--2.224-0)/14.121
=-0.16

BlueRock Diamonds's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.857-6.393--2.695-0)/21.7768
=-0.08

* 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.


BlueRock Diamonds  (LSE:BRD) 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.


BlueRock Diamonds Net Current Asset Value Related Terms

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BlueRock Diamonds (LSE:BRD) Business Description

Traded in Other Exchanges
N/A
Address
George Street, 4th Floor, Reading Bridge House, Berkshire, Reading, GBR, RG1 8LS
BlueRock Diamonds PLC is engaged in diamond mining in the Kimberley region of South Africa. The company has a mining right and operates in the Kareevlei Tenements. Its Kareevlei Project has over 3000 hectares in the Northern Cape province of South Africa, which is approximately 100 kilometers North West of Kimberley. The company's revenue comprises the sale of rough diamonds.