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Gp Eco Solutions India (NSE:GPECO) Net Current Asset Value : ₹2.82 (As of Mar. 2023)


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What is Gp Eco Solutions 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).

Gp Eco Solutions India's net current asset value per share for the quarter that ended in Mar. 2023 was ₹2.82.

The historical rank and industry rank for Gp Eco Solutions India's Net Current Asset Value or its related term are showing as below:

NSE:GPECO's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 4.315
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Gp Eco Solutions India Net Current Asset Value Historical Data

The historical data trend for Gp Eco Solutions 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.

Gp Eco Solutions India Net Current Asset Value Chart

Gp Eco Solutions India Annual Data
Trend Mar21 Mar22 Mar23
Net Current Asset Value
-4.45 1.42 2.82

Gp Eco Solutions India Semi-Annual Data
Mar21 Mar22 Mar23
Net Current Asset Value -4.45 1.42 2.82

Competitive Comparison of Gp Eco Solutions India's Net Current Asset Value

For the Electronics & Computer Distribution subindustry, Gp Eco Solutions 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.


Gp Eco Solutions India's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gp Eco Solutions India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Gp Eco Solutions India's Price-to-Net-Current-Asset-Value falls into.


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Gp Eco Solutions India Net Current Asset Value Calculation

Gp Eco Solutions 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)
=(422.076-389.038-0-0)/11.711
=2.82

Gp Eco Solutions 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)
=(422.076-389.038-0-0)/11.711
=2.82

* 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.


Gp Eco Solutions India  (NSE:GPECO) 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.


Gp Eco Solutions India Net Current Asset Value Related Terms

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Gp Eco Solutions India Business Description

Traded in Other Exchanges
N/A
Address
B-39, Sector-59, B Block, Noida, UP, IND, 201301
Gp Eco Solutions India Ltd is a Company involved in the distribution of a wide range of solar inverters and solar panels. It serve as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (EPC) services to the commercial and residential customers. The company is engaged in one segment of installation and operation of solar power project.

Gp Eco Solutions India Headlines

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