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Falcon Techno projects India (NSE:FALCONTECH) Net Current Asset Value : ₹-6.62 (As of Mar. 2023)


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What is Falcon Techno projects India 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).

Falcon Techno projects India's net current asset value per share for the quarter that ended in Mar. 2023 was ₹-6.62.

The historical rank and industry rank for Falcon Techno projects India's Net Current Asset Value or its related term are showing as below:

NSE:FALCONTECH's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.05
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Falcon Techno projects India Net Current Asset Value Historical Data

The historical data trend for Falcon Techno projects India'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.

Falcon Techno projects India Net Current Asset Value Chart

Falcon Techno projects India Annual Data
Trend Mar21 Mar22 Mar23
Net Current Asset Value
-8.43 -6.10 -6.62

Falcon Techno projects India Semi-Annual Data
Mar21 Mar22 Mar23
Net Current Asset Value -8.43 -6.10 -6.62

Competitive Comparison of Falcon Techno projects India's Net Current Asset Value

For the Engineering & Construction subindustry, Falcon Techno projects India'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.


Falcon Techno projects India's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, Falcon Techno projects India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Falcon Techno projects India's Price-to-Net-Current-Asset-Value falls into.


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Falcon Techno projects India Net Current Asset Value Calculation

Falcon Techno projects India's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(149.449-184.914-0-0)/5.357
=-6.62

Falcon Techno projects India'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)
=(149.449-184.914-0-0)/5.357
=-6.62

* 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.


Falcon Techno projects India  (NSE:FALCONTECH) 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.


Falcon Techno projects India Net Current Asset Value Related Terms

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Falcon Techno projects India Business Description

Traded in Other Exchanges
N/A
Address
Swami Vivekanand Marg, 805/806, 11th Floor, The Platina, Tanvi Complex, Dahisar (East), Mumbai, MH, IND, 400068
Falcon Techno projects India Ltd is engaged in the business of providing electrical, mechanical, and plumbing-related services. The various services offered by the company include Electrical Contractor Services, HVAC System Installation Services, Electrical Consultant Services, Fire Fighting System Installation Services, CCTV Camera Installation Services, Access Control Installation Services, and Fire Alarm Installation Services.

Falcon Techno projects India Headlines

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