GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Kaneko Seeds Co Ltd (TSE:1376) » Definitions » Net Current Asset Value

Kaneko Seeds Co (TSE:1376) Net Current Asset Value : 円1,241.54 (As of Nov. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Kaneko Seeds Co 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).

Kaneko Seeds Co's net current asset value per share for the quarter that ended in Nov. 2024 was 円1,241.54.

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

TSE:1376' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.1   Med: 1.63   Max: 2.16
Current: 1.14

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kaneko Seeds Co was 2.16. The lowest was 1.10. And the median was 1.63.

TSE:1376's Price-to-Net-Current-Asset-Value is ranked better than
89.93% of 149 companies
in the Agriculture industry
Industry Median: 4.44 vs TSE:1376: 1.14

Kaneko Seeds Co Net Current Asset Value Historical Data

The historical data trend for Kaneko Seeds Co'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.

Kaneko Seeds Co Net Current Asset Value Chart

Kaneko Seeds Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 944.98 995.76 1,056.43 1,137.70 1,254.06

Kaneko Seeds Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 1,137.09 1,127.43 1,115.31 1,254.06 1,241.54

Competitive Comparison of Kaneko Seeds Co's Net Current Asset Value

For the Agricultural Inputs subindustry, Kaneko Seeds Co'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.


Kaneko Seeds Co's Price-to-Net-Current-Asset-Value Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kaneko Seeds Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kaneko Seeds Co's Price-to-Net-Current-Asset-Value falls into.


;
;

Kaneko Seeds Co Net Current Asset Value Calculation

Kaneko Seeds Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2024 is calculated as

Net Current Asset Value Per Share(A: May. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38411.849-24240.653-0.276-0)/11.300
=1,254.06

Kaneko Seeds Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2024 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(32191.638-18274.872-0.302-0)/11.209
=1,241.54

* 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.


Kaneko Seeds Co  (TSE:1376) 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.


Kaneko Seeds Co Net Current Asset Value Related Terms

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


Kaneko Seeds Co Business Description

Traded in Other Exchanges
N/A
Address
50-12 Furuichi-machi 1-chome, Gunma prefecture, Maebashi-shi, JPN, 371-8503
Kaneko Seeds Co Ltd is engaged in agribusiness. It has two product categories: vegetables and flowers. Its products include vegetables, flower seeds, and garden supplies. In addition, the company sells greenhouse materials; develops hydroponic systems; and designs and constructs parks, among others. It operates in Japan, the Philippines, Thailand, and Turkey.

Kaneko Seeds Co Headlines

No Headlines