GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ina Energy Corp (ROCO:6987) » Definitions » Net Current Asset Value

Ina Energy (ROCO:6987) Net Current Asset Value : NT$-34.05 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Ina Energy 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).

Ina Energy's net current asset value per share for the quarter that ended in Dec. 2024 was NT$-34.05.

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

ROCO:6987's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.22
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ina Energy Net Current Asset Value Historical Data

The historical data trend for Ina Energy'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.

Ina Energy Net Current Asset Value Chart

Ina Energy Annual Data
Trend Dec22 Dec23 Dec24
Net Current Asset Value
-21.98 -35.52 -34.05

Ina Energy Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Net Current Asset Value -21.98 - -35.52 -33.22 -34.05

Competitive Comparison of Ina Energy's Net Current Asset Value

For the Utilities - Renewable subindustry, Ina Energy'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.


Ina Energy's Price-to-Net-Current-Asset-Value Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ina Energy's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


;
;

Ina Energy Net Current Asset Value Calculation

Ina Energy's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2378.286-9908.283-26.498-0)/221.925
=-34.05

Ina Energy's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2378.286-9908.283-26.498-0)/221.925
=-34.05

* 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.


Ina Energy  (ROCO:6987) 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.


Ina Energy Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Ina Energy's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Ina Energy Business Description

Traded in Other Exchanges
N/A
Address
No. 463, Xingshan Road, 114, 8th Floor, Neihu District, Taipei, TWN
Ina Energy Corp is focused on the development and construction of solar power plants. It combines the professional strength of all parties - from the development, design, procurement, and construction to subsequent operation and maintenance of the project site, it all adheres to the coexistence with the land. As a professional renewable energy service provider, It has become the most trustworthy partner for enterprises in achieving short, medium and long-term carbon reduction goals with its rich practical experience.

Ina Energy Headlines

No Headlines