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MoneyGram International (MoneyGram International) Net Current Asset Value : $-9.11 (As of Mar. 2023)


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What is MoneyGram 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).

MoneyGram International's net current asset value per share for the quarter that ended in Mar. 2023 was $-9.11.

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

MGI's Price-to-Net-Current-Asset-Value is not ranked *
in the Credit Services industry.
Industry Median: 1.96
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MoneyGram International Net Current Asset Value Historical Data

The historical data trend for MoneyGram 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.

MoneyGram International Net Current Asset Value Chart

MoneyGram International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.08 -19.51 -13.96 -10.08 -9.02

MoneyGram International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only -9.59 -9.53 -9.38 -9.02 -9.11

Competitive Comparison of MoneyGram International's Net Current Asset Value

For the Credit Services subindustry, MoneyGram 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.


MoneyGram International's Price-to-Net-Current-Asset-Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, MoneyGram International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



MoneyGram International Net Current Asset Value Calculation

MoneyGram International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3779.3-4651-0-0)/96.6264
=-9.02

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

Net Current Asset Value Per Share(Q: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3388.9-4278.9-0-0)/97.7183
=-9.11

* 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.


MoneyGram International  (NAS:MGI) 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.


MoneyGram International Net Current Asset Value Related Terms

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MoneyGram International (MoneyGram International) Business Description

Traded in Other Exchanges
N/A
Address
2828 North Harwood Street, 15th Floor, Dallas, TX, USA, 75201
MoneyGram International Inc offers products and services under its two reporting segments; Global Funds Transfer, which is the core revenue generator, and Financial Paper Products. The Global Funds Transfer segment provides global money transfer services and bill payment services to consumers. It primarily offers services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. The company also offer Digital solutions such as moneygram.com, mobile solutions, account deposit and kiosk-based services. The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. The group operates in the United States and other countries.
Executives
Robert L Villasenor officer: GC, Corp Sec and CAO 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Chris H. Russell officer: Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
Julie Silcock director
Adrianna E. Greenwald officer: Chief Readiness Officer 2828 N. HARWOOD ST., 15TH FLOOR, DALLAS TX 75201
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Francisco Lorca director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Brian Johnson officer: Chief Financial Officer 2828 NORTH HARWOOD ST, 15TH FLOOR, DALLAS TX 75201
Andres Villareal officer: SVP Chief Compliance Officer 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Lawrence Angelilli officer: EVP Chief Financial Officer 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Peggy Vaughan director 2828 NORTH HARVARD STREET, 15TH FLOOR, DALLAS TX 75201
Grant A. Lines officer: EVP Business Development 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
W Bruce Turner director 3773 HOWARD HUGHES PKWY, SUITE 490 SOUTH, LAS VAGAS NV 89109
Michael P Rafferty director 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
W. Alexander Holmes director, officer: CEO 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701