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SkiStar AB (OSTO:SKIS B) Net Current Asset Value : kr-52.43 (As of May. 2024)


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What is SkiStar AB 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).

SkiStar AB's net current asset value per share for the quarter that ended in May. 2024 was kr-52.43.

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

OSTO:SKIS B's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.06
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

SkiStar AB Net Current Asset Value Historical Data

The historical data trend for SkiStar AB'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.

SkiStar AB Net Current Asset Value Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.13 -37.25 -42.28 -51.07 -56.73

SkiStar AB Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -51.38 -56.73 -63.21 -54.15 -52.43

Competitive Comparison of SkiStar AB's Net Current Asset Value

For the Resorts & Casinos subindustry, SkiStar AB'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.


SkiStar AB's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



SkiStar AB Net Current Asset Value Calculation

SkiStar AB's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2023 is calculated as

Net Current Asset Value Per Share(A: Aug. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(832.404-5277.057-1.439-0)/78.3761
=-56.73

SkiStar AB's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2024 is calculated as

Net Current Asset Value Per Share(Q: May. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(718.856-4826.809-1.106-0)/78.3761
=-52.43

* 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.


SkiStar AB  (OSTO:SKIS 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.


SkiStar AB Net Current Asset Value Related Terms

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SkiStar AB (OSTO:SKIS B) Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

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