Loive Co (TSE:352A) Net Current Asset Value: 円-312.04 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:352A Loive Co Ltd TSE:352A
14 GF Score
Price 円518.00
! 3 Warning Signs
View Full Analysis

What is Loive Co Net Current Asset Value?

Loive Co TSE:352A +3.19% 14 Net Current Asset Value is 円-312.04 as of Sep. 2025. GuruFocus rates TSE:352A with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 309 Travel & Leisure companies, Loive Co ranks worse than 323624.27% on this metric.

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).

Loive Co's net current asset value per share for the quarter that ended in Sep. 2025 was 円-312.04.

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

TSE:352A's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.05
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Loive Co  (TSE:352A) 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.


Loive Co Net Current Asset Value Related Terms


Loive Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Loive 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.

Loive Co Net Current Asset Value Chart

Loive Co Annual Data
Trend Mar23 Mar24 Mar25
Net Current Asset Value
-186.29 -174.96 -264.15

Loive Co Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25
Net Current Asset Value -186.29 -174.96 0.00 -264.15 -312.04

TSE:352A vs AS, HAS, LTH: Net Current Asset Value Comparison

For the Leisure subindustry, Loive 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.


Loive Co Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Loive Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TSE:352A
14GF Score
Loive Co Ltd TSE:352A
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loive Co Net Current Asset Value Calculation

Loive Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2919.306-6255.581-0-0)/12.630
=-264.15

Loive Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2678.82-6619.901-0-0)/12.630
=-312.04

* 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.

What does a Net Current Asset Value of 円-312.04 mean?
Loive Co (TSE:352A) has a Net Current Asset Value of 円-312.04 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Loive Co and its competitors. According to the industry distribution chart, Loive Co ranks #999999 out of 309 companies in the Travel & Leisure industry.
Is Loive Co's Net Current Asset Value too high?
Loive Co's current Net Current Asset Value is 円-312.04. Based on the distribution chart, Loive Co ranks #999999 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Loive Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Loive Co's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Loive Co ranks #999999 out of 309 companies for Net Current Asset Value. This places Loive Co in the lower half of its industry. The industry median Net Current Asset Value is 4.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.05, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Loive Co and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loive Co's current Net Current Asset Value is 円-312.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loive Co stock overvalued right now?
Loive Co (TSE:352A) has a current Net Current Asset Value of 円-312.04. The current Net Current Asset Value is 円-312.04. Loive Co's overall GF Score™ is 14/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Loive Co (TSE:352A), the current Net Current Asset Value is 円-312.04 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Loive Co Business Description

Address 5-1 Kita 7-jo Nishi 4-chome, 4th floor, Ito 110 Building, Kita-ku, Hokkaido, Sapporo, JPN, 150-0033
Loive Co Ltd operates multiple fitness and wellness businesses, focusing on women-centric and specialized training programs. Its key business area include loive Business, Surf Fit Business, Pilates K Business, Online school, and REDY'S GYM Business.
14GF Score

Get the complete analysis for TSE:352A

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円518.00
Price