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Trial Holdings (TSE:141A) Net Current Asset Value : 円-128.31 (As of Jun. 2024)


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What is Trial 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).

Trial Holdings's net current asset value per share for the quarter that ended in Jun. 2024 was 円-128.31.

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

TSE:141A's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.89
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Trial Holdings Net Current Asset Value Historical Data

The historical data trend for Trial 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.

Trial Holdings Net Current Asset Value Chart

Trial Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
-489.13 -481.61 -539.83 -128.31

Trial Holdings Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Current Asset Value Get a 7-Day Free Trial -481.61 -478.95 -493.18 -452.59 -128.31

Competitive Comparison of Trial Holdings's Net Current Asset Value

For the Discount Stores subindustry, Trial 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.


Trial Holdings's Price-to-Net-Current-Asset-Value Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Trial Holdings Net Current Asset Value Calculation

Trial 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)
=(152300-165444-2503-0)/121.947
=-128.31

Trial 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)
=(152300-165444-2503-0)/121.947
=-128.31

* 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.


Trial Holdings  (TSE:141A) 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.


Trial Holdings Net Current Asset Value Related Terms

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Trial Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1-12-2 Tanotsu, Fukuoka Higashi-ku, Fukuoka, JPN, 813-0034
Trial Holdings Inc is engaged in the planning, management and operation of corporate groups centered on each business such as retail, logistics, finance/payment, and retail tech.

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