GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TruGolf Holdings Inc (NAS:TRUG) » Definitions » Net Current Asset Value

TruGolf Holdings (TruGolf Holdings) Net Current Asset Value : $-0.09 (As of Dec. 2023)


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

What is TruGolf 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).

TruGolf Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was $-0.09.

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

TRUG's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 3.96
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

TruGolf Holdings Net Current Asset Value Historical Data

The historical data trend for TruGolf 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.

TruGolf Holdings Net Current Asset Value Chart

TruGolf Holdings Annual Data
Trend Dec21 Dec22
Net Current Asset Value
-0.26 -0.33

TruGolf Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only -0.33 - -0.58 -0.78 -0.09

Competitive Comparison of TruGolf Holdings's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, TruGolf 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.


TruGolf Holdings's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TruGolf Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



TruGolf Holdings Net Current Asset Value Calculation

TruGolf Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(13.688-18.017-0-0)/13.255
=-0.33

TruGolf Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(6.881-8.133-0-0)/13.2551
=-0.09

* 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.


TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings Net Current Asset Value Related Terms

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


TruGolf Holdings (TruGolf Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines