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Northam Platinum Holdings (STU:7JR) Net Current Asset Value : €-0.75 (As of Jun. 2024)


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What is Northam Platinum Holdings 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).

Northam Platinum Holdings's net current asset value per share for the quarter that ended in Jun. 2024 was €-0.75.

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

STU:7JR's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 5
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Northam Platinum Holdings Net Current Asset Value Historical Data

The historical data trend for Northam Platinum Holdings'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.

Northam Platinum Holdings Net Current Asset Value Chart

Northam Platinum Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
-2.01 -1.33 -3.11 -1.89 -0.75

Northam Platinum Holdings Semi-Annual Data
Jun18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.11 -2.17 -1.89 -0.57 -0.75

Competitive Comparison of Northam Platinum Holdings's Net Current Asset Value

For the Other Precious Metals & Mining subindustry, Northam Platinum Holdings'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.


Northam Platinum Holdings's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northam Platinum Holdings's Price-to-Net-Current-Asset-Value falls into.



Northam Platinum Holdings Net Current Asset Value Calculation

Northam Platinum Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(894.475-1186.623-0-0)/389.86
=-0.75

Northam Platinum Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(894.475-1186.623-0-0)/389.86
=-0.75

* 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.


Northam Platinum Holdings  (STU:7JR) 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.


Northam Platinum Holdings Net Current Asset Value Related Terms

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Northam Platinum Holdings Business Description

Traded in Other Exchanges
Address
Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Midrand, Waterfall City, GT, ZAF, 2090
Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the U.S. recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.

Northam Platinum Holdings Headlines

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