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Landscape Acquisition Holdings (LSE:DLGI) Net Current Asset Value : $10.21 (As of Oct. 2019)


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What is Landscape Acquisition Holdings 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).

Landscape Acquisition Holdings's net current asset value per share for the quarter that ended in Oct. 2019 was $10.21.

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

LSE:DLGI's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.87
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Landscape Acquisition Holdings Net Current Asset Value Historical Data

The historical data trend for Landscape Acquisition Holdings'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.

Landscape Acquisition Holdings Net Current Asset Value Chart

Landscape Acquisition Holdings Annual Data
Trend Oct18 Oct19
Net Current Asset Value
10.13 10.21

Landscape Acquisition Holdings Semi-Annual Data
Apr18 Oct18 Apr19 Oct19
Net Current Asset Value 9.77 10.13 9.90 10.21

Competitive Comparison of Landscape Acquisition Holdings's Net Current Asset Value

For the Shell Companies subindustry, Landscape Acquisition Holdings'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.


Landscape Acquisition Holdings's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Landscape Acquisition Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Landscape Acquisition Holdings's Price-to-Net-Current-Asset-Value falls into.



Landscape Acquisition Holdings Net Current Asset Value Calculation

Landscape Acquisition Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2019 is calculated as

Net Current Asset Value Per Share(A: Oct. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(501.407-7.023-0-0)/48.425
=10.21

Landscape Acquisition Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2019 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(501.407-7.023-0-0)/48.425
=10.21

* 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.


Landscape Acquisition Holdings  (LSE:DLGI) 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.


Landscape Acquisition Holdings Net Current Asset Value Related Terms

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Landscape Acquisition Holdings (LSE:DLGI) Business Description

Traded in Other Exchanges
N/A
Address
Wickhams Cay II, Road Town, Ritter House, Tortola, VGB, VG1110
Digital Landscape Group Inc is a special purpose acquisition company. The company is engaged to undertake an acquisition in the form of a merger, capital stock exchange, asset acquisition, and stock purchase, a scheme of arrangement, reorganization, and a similar business combination of a target company.

Landscape Acquisition Holdings (LSE:DLGI) Headlines

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