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Brunner Investment Trust (The) (LSE:BUT) Net Current Asset Value : £0.00 (As of Nov. 2024)


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What is Brunner Investment Trust (The) 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).

Brunner Investment Trust (The)'s net current asset value per share for the quarter that ended in Nov. 2024 was £0.00.

The historical rank and industry rank for Brunner Investment Trust (The)'s Net Current Asset Value or its related term are showing as below:

LSE:BUT's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.515
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Brunner Investment Trust (The) Net Current Asset Value Historical Data

The historical data trend for Brunner Investment Trust (The)'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.

Brunner Investment Trust (The) Net Current Asset Value Chart

Brunner Investment Trust (The) Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net Current Asset Value
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Brunner Investment Trust (The) Semi-Annual Data
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Competitive Comparison of Brunner Investment Trust (The)'s Net Current Asset Value

For the Asset Management subindustry, Brunner Investment Trust (The)'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.


Brunner Investment Trust (The)'s Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brunner Investment Trust (The)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Brunner Investment Trust (The)'s Price-to-Net-Current-Asset-Value falls into.



Brunner Investment Trust (The) Net Current Asset Value Calculation

Brunner Investment Trust (The)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2024 is calculated as

Net Current Asset Value Per Share(A: Nov. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-36.839-0-0)/42.964
=N/A

Brunner Investment Trust (The)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2024 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-36.839-0-0)/42.964
=N/A

* 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.


Brunner Investment Trust (The)  (LSE:BUT) 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.


Brunner Investment Trust (The) Net Current Asset Value Related Terms

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Brunner Investment Trust (The) Business Description

Traded in Other Exchanges
N/A
Address
199 Bishopsgate, London, GBR, EC2M 3TY
Brunner Investment Trust (The) PLC is a United Kingdom-based investment trust. It aims to provide growth in capital value and dividends over the long term by investing in UK securities and international securities. The benchmark against which performance is measured is 70% FTSE World ex-UK Index and 30% FTSE All-Share Index. Its portfolio consists of securities from Industrials, Financials, Information Technology, Health Care, Energy, and other industries.

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