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Soliton Systems KK (TSE:3040) Net Current Asset Value : 円468.14 (As of Jun. 2024)


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What is Soliton Systems KK 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).

Soliton Systems KK's net current asset value per share for the quarter that ended in Jun. 2024 was 円468.14.

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

TSE:3040' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.29   Med: 5.35   Max: 10.48
Current: 2.29

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Soliton Systems KK was 10.48. The lowest was 2.29. And the median was 5.35.

TSE:3040's Price-to-Net-Current-Asset-Value is ranked better than
78.63% of 1703 companies
in the Software industry
Industry Median: 5.1 vs TSE:3040: 2.29

Soliton Systems KK Net Current Asset Value Historical Data

The historical data trend for Soliton Systems KK'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.

Soliton Systems KK Net Current Asset Value Chart

Soliton Systems KK Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.38 185.37 266.62 361.99 455.70

Soliton Systems KK Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 383.10 404.91 455.70 464.22 468.14

Competitive Comparison of Soliton Systems KK's Net Current Asset Value

For the Software - Infrastructure subindustry, Soliton Systems KK'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.


Soliton Systems KK's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Soliton Systems KK's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Soliton Systems KK's Price-to-Net-Current-Asset-Value falls into.



Soliton Systems KK Net Current Asset Value Calculation

Soliton Systems KK's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19952-11493-15-0)/18.5299
=455.70

Soliton Systems KK'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)
=(19300-10608-14-0)/18.5371
=468.14

* 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.


Soliton Systems KK  (TSE:3040) 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.


Soliton Systems KK Net Current Asset Value Related Terms

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Soliton Systems KK Business Description

Traded in Other Exchanges
N/A
Address
2-4-3 Shinjuku, Shinjuku-ku, Tokyo, JPN
Soliton Systems K.K is engaged in IT security business, Video communication business, and Eco-device business. The IT security business involves the development and sale of products such as information leakage countermeasure, login authentication by electronic certificate, big data recording, cybersecurity measures, enterprise cloud service, and enterprise network integration. The Video communication business involves development and sales of "Smart-telecaster", a high-quality real-time image transmission system using mobile lines and Eco-device business engages in the development and sales of analog / digital mixed semiconductor devices and embedded systems.

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