OOOOF (OOOOO Entertainment Commerce) Net Current Asset Value: $-0.04 (As of Jul. 2023)

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What is OOOOO Entertainment Commerce Net Current Asset Value?

OOOOO Entertainment Commerce OOOOF Net Current Asset Value is $-0.04 as of Jul. 2023.

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).

OOOOO Entertainment Commerce's net current asset value per share for the quarter that ended in Jul. 2023 was $-0.04.

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

OOOOF's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 3.67
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

OOOOO Entertainment Commerce  (OTCPK:OOOOF) 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.


OOOOO Entertainment Commerce Net Current Asset Value Related Terms


OOOOO Entertainment Commerce Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Net Current Asset Value Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.00 -0.04

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -0.03 -0.04 -0.04 -0.04 -0.04

OOOOF vs GOOGL, META, BIDU: Net Current Asset Value Comparison

For the Internet Content & Information subindustry, OOOOO Entertainment Commerce'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.


OOOOO Entertainment Commerce Price-to-Net-Current-Asset-Value vs Interactive Media Industry

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

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



OOOOO Entertainment Commerce Net Current Asset Value Calculation

OOOOO Entertainment Commerce's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2022 is calculated as

Net Current Asset Value Per Share(A: Oct. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.454-2.442-0.89-0)/82.088
=-0.04

OOOOO Entertainment Commerce's Net Current Asset Value (NCAV) per share for the quarter that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(Q: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.042-2.789-0.917-0)/82.088
=-0.04

* 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 $-0.04 mean?
OOOOO Entertainment Commerce (OOOOF) has a Net Current Asset Value of $-0.04 as of Jul. 2023. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Net Current Asset Value too high?
OOOOO Entertainment Commerce's current Net Current Asset Value is $-0.04.
How does OOOOO Entertainment Commerce's Net Current Asset Value compare to GOOGL and META?
OOOOO Entertainment Commerce's Net Current Asset Value of $-0.04 can be compared against companies in the Interactive Media industry. The industry median Net Current Asset Value is 3.67. 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.67, based on 366 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 OOOOO Entertainment Commerce and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OOOOO Entertainment Commerce's current Net Current Asset Value is $-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (OOOOF) has a current Net Current Asset Value of $-0.04. The current Net Current Asset Value is $-0.04. 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 OOOOO Entertainment Commerce (OOOOF), the current Net Current Asset Value is $-0.04 as of Jul. 2023. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.