GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Belmont Resources Inc (STU:L3L2) » Definitions » Net Current Asset Value

Belmont Resources (STU:L3L2) Net Current Asset Value : €0.00 (As of Oct. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Belmont Resources 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).

Belmont Resources's net current asset value per share for the quarter that ended in Oct. 2024 was €0.00.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Belmont Resources was 38.00. The lowest was 8.00. And the median was 23.00.

STU:L3L2's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 5.575
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Belmont Resources Net Current Asset Value Historical Data

The historical data trend for Belmont Resources'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.

Belmont Resources Net Current Asset Value Chart

Belmont Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 - - - -

Belmont Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - - - -

Competitive Comparison of Belmont Resources's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Belmont Resources'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.


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

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

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


;
;

Belmont Resources Net Current Asset Value Calculation

Belmont Resources's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(A: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.217-0.425-0-0)/92.683
=-0.00

Belmont Resources's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.039-0.18-0-0)/102.183
=-0.00

* 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.


Belmont Resources  (STU:L3L2) 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.


Belmont Resources Net Current Asset Value Related Terms

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


Belmont Resources Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Belmont Resources Inc is a Canadian resources company that is engaged in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. Its business activity of the company is the acquisition and exploration of lithium in the Kibby Basin property in Nevada, USA. It also holds interests in a gold project which is Pathfinder, Athelstan Jackpot, CBC Copper, Lone Star Copper, and Crackingstone Uranium project.

Belmont Resources Headlines

No Headlines