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Sulliden Mining Capital (STU:14S) Net Current Asset Value : €0.01 (As of Apr. 2024)


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What is Sulliden Mining Capital 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).

Sulliden Mining Capital's net current asset value per share for the quarter that ended in Apr. 2024 was €0.01.

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

STU:14S' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.21   Med: 0.68   Max: 4
Current: 0.7

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sulliden Mining Capital was 4.00. The lowest was 0.21. And the median was 0.68.

STU:14S's Price-to-Net-Current-Asset-Value is ranked better than
77.97% of 1085 companies
in the Metals & Mining industry
Industry Median: 4.75 vs STU:14S: 0.70

Sulliden Mining Capital Net Current Asset Value Historical Data

The historical data trend for Sulliden Mining Capital'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.

Sulliden Mining Capital Net Current Asset Value Chart

Sulliden Mining Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.15 0.13 0.05 0.01

Sulliden Mining Capital Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.02 0.01 0.01 0.01 0.01

Competitive Comparison of Sulliden Mining Capital's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Sulliden Mining Capital'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.


Sulliden Mining Capital's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sulliden Mining Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sulliden Mining Capital's Price-to-Net-Current-Asset-Value falls into.



Sulliden Mining Capital Net Current Asset Value Calculation

Sulliden Mining Capital's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(A: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.375-0.523-0-0)/128.276
=0.01

Sulliden Mining Capital's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2024 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.844-1.14-0-0)/130.576
=0.01

* 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.


Sulliden Mining Capital  (STU:14S) 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.


Sulliden Mining Capital Net Current Asset Value Related Terms

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Sulliden Mining Capital (STU:14S) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Sulliden Mining Capital Inc is engaged in the business of mineral exploration. It holds mineral exploration interests in the East Sullivan property in Quebec, mineral exploration interests in the Salt Cay property in Peru and Uranium exploration interests in the Proterozoic Otish property in Quebec and various investments in public and private entities.

Sulliden Mining Capital (STU:14S) Headlines

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