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NTEK (NanoTech Entertainment) Net Current Asset Value : $-3.37 (As of Mar. 2010)


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What is NanoTech Entertainment 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).

NanoTech Entertainment's net current asset value per share for the quarter that ended in Mar. 2010 was $-3.37.

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

NTEK's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 3.94
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

NanoTech Entertainment Net Current Asset Value Historical Data

The historical data trend for NanoTech Entertainment'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.

NanoTech Entertainment Net Current Asset Value Chart

NanoTech Entertainment Annual Data
Trend Jun09
Net Current Asset Value
-2.39

NanoTech Entertainment Quarterly Data
Sep07 Dec07 Mar08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -2.39 -2.63 -2.94 -3.37

Competitive Comparison of NanoTech Entertainment's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, NanoTech Entertainment'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.


NanoTech Entertainment's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NanoTech Entertainment's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



NanoTech Entertainment Net Current Asset Value Calculation

NanoTech Entertainment's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2009 is calculated as

Net Current Asset Value Per Share(A: Jun. 2009 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.107-1.483-0-0)/0.57518
=-2.39

NanoTech Entertainment's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2010 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.113-2.247-0-0)/0.63387
=-3.37

* 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.


NanoTech Entertainment  (OTCPK:NTEK) 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.


NanoTech Entertainment Net Current Asset Value Related Terms

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NanoTech Entertainment Business Description

Traded in Other Exchanges
N/A
Address
2450 Kruse Drive, San Jose, CA, USA, 95131
NanoTech Entertainment Inc operates as a manufacturer and developer of technology, games, television content, consumer goods, mobile applications, and consumer software. The portfolio of the company includes Ultraflix which offers 4K Ultra HD video for its subscribers, 4K studios which offers hardware and software solutions for 4K Ultra high definition output, and Ultra Media group which is a content licensing and production company that focuses on acquisition and creation of digital content. The company generates revenue from licensing products to third parties for manufacturing, distribution, manufacture, and sale and rental of products directly to consumers.

NanoTech Entertainment Headlines

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