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Harboes Bryggeri AS (OCSE:HARB B) Net Current Asset Value : kr-0.26 (As of Jan. 2025)


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What is Harboes Bryggeri AS 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).

Harboes Bryggeri AS's net current asset value per share for the quarter that ended in Jan. 2025 was kr-0.26.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Harboes Bryggeri AS was 42.66. The lowest was 2.47. And the median was 9.46.

OCSE:HARB B's Price-to-Net-Current-Asset-Value is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 6.54
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Harboes Bryggeri AS Net Current Asset Value Historical Data

The historical data trend for Harboes Bryggeri AS'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.

Harboes Bryggeri AS Net Current Asset Value Chart

Harboes Bryggeri AS Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.30 -6.44 6.45 12.74 15.14

Harboes Bryggeri AS Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 24.66 15.14 20.42 15.33 -0.26

Competitive Comparison of Harboes Bryggeri AS's Net Current Asset Value

For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.


Harboes Bryggeri AS's Price-to-Net-Current-Asset-Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri AS's Price-to-Net-Current-Asset-Value falls into.


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Harboes Bryggeri AS Net Current Asset Value Calculation

Harboes Bryggeri AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2024 is calculated as

Net Current Asset Value Per Share(A: Apr. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(652.776-588.86-0-0)/4.223
=15.14

Harboes Bryggeri AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2025 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(614.889-615.977-0-0)/4.218
=-0.26

* 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.


Harboes Bryggeri AS  (OCSE:HARB B) 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.


Harboes Bryggeri AS Net Current Asset Value Related Terms

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Harboes Bryggeri AS Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri AS Headlines

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