Aastha Spintex (NSE:AASTHA) Net Current Asset Value: ₹8.97 (As of Mar. 2025)

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NSE:AASTHA Aastha Spintex Ltd NSE:AASTHA
14 GF Score
Price ₹102.62
! 1 Warning Sign
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What is Aastha Spintex Net Current Asset Value?

Aastha Spintex NSE:AASTHA -0.37% 14 Net Current Asset Value is ₹8.97 as of Mar. 2025. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 630 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks worse than 85.08% on this metric.

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).

Aastha Spintex's net current asset value per share for the quarter that ended in Mar. 2025 was ₹8.97.

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

NSE:AASTHA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0   Med: 0   Max: 14.39
Current: 11.44

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aastha Spintex was 14.39. The lowest was 0.00. And the median was 0.00.

NSE:AASTHA's Price-to-Net-Current-Asset-Value is ranked worse than
85.08% of 630 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.885 vs NSE:AASTHA: 11.44

Aastha Spintex  (NSE:AASTHA) 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.


Aastha Spintex Net Current Asset Value Related Terms


Aastha Spintex Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Aastha Spintex'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.

Aastha Spintex Net Current Asset Value Chart

Aastha Spintex Annual Data
Trend Mar23 Mar24 Mar25
Net Current Asset Value
-6.91 -2.73 8.97

Aastha Spintex Semi-Annual Data
Mar23 Mar24 Mar25
Net Current Asset Value -6.91 -2.73 8.97

NSE:AASTHA vs : Net Current Asset Value Comparison

For the Textile Manufacturing subindustry, Aastha Spintex'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.


Aastha Spintex Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


NSE:AASTHA
14GF Score
Aastha Spintex Ltd NSE:AASTHA
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Aastha Spintex Net Current Asset Value Calculation

Aastha Spintex's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1927.449-1531.496-0-0)/44.142
=8.97

Aastha Spintex's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1927.449-1531.496-0-0)/44.142
=8.97

* 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.

What does a Net Current Asset Value of ₹8.97 mean?
Aastha Spintex (NSE:AASTHA) has a Net Current Asset Value of ₹8.97 as of Mar. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Aastha Spintex and its competitors. According to the industry distribution chart, Aastha Spintex ranks #536 out of 630 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.1%.
Is Aastha Spintex's Net Current Asset Value too high?
Aastha Spintex's current Net Current Asset Value is ₹8.97. Based on the distribution chart, Aastha Spintex ranks #536 out of 630 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Net Current Asset Value compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #536 out of 630 companies for Net Current Asset Value. This places Aastha Spintex in the lower half of its industry. The industry median Net Current Asset Value is 2.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.89, based on 630 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Net Current Asset Value is ₹8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Net Current Asset Value of ₹8.97. The current Net Current Asset Value is ₹8.97. Aastha Spintex's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Aastha Spintex (NSE:AASTHA), the current Net Current Asset Value is ₹8.97 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aastha Spintex Business Description

Comparable Companies
Other Exchanges 544808:India
Address Halvadmaliya Highway, Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad, Surendra Nagar, GJ, IND, 363 330
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
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