The Convenience Shop Holding (MAL:CVS) Net Current Asset Value : €-0.61 (As of Dec. 2023)

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What is The Convenience Shop Holding 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).

The Convenience Shop Holding's net current asset value per share for the quarter that ended in Dec. 2023 was €-0.61.

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

MAL:CVS's Price-to-Net-Current-Asset-Value is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 3.29
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

The Convenience Shop Holding Net Current Asset Value Historical Data

The historical data trend for The Convenience Shop Holding'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.

The Convenience Shop Holding Net Current Asset Value Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Net Current Asset Value

-0.59

-0.61

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Net Current Asset Value	-	-0.59	-0.55	-0.61

Competitive Comparison of The Convenience Shop Holding's Net Current Asset Value

For the Department Stores subindustry, The Convenience Shop Holding'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.

The Convenience Shop Holding's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Convenience Shop Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Convenience Shop Holding's Price-to-Net-Current-Asset-Value falls into.

The Convenience Shop Holding Net Current Asset Value Calculation

The Convenience Shop Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Current Asset Value Per Share		(A: Dec. 2023 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(10.243	-	29.001	-	-0.019	-	0)	/	30.8
=	-0.61

The Convenience Shop Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

	Net Current Asset Value Per Share		(Q: Dec. 2023 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(10.243	-	29.001	-	-0.019	-	0)	/	30.8
=	-0.61

The Convenience Shop Holding (MAL:CVS) 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 Grahams 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.

The Convenience Shop Holding Net Current Asset Value Related Terms

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The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Net Current Asset Value

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.