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Ricksoft Co (TSE:4429) Net Current Asset Value : 円491.39 (As of Nov. 2023)


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What is Ricksoft 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).

Ricksoft Co's net current asset value per share for the quarter that ended in Nov. 2023 was 円491.39.

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

TSE:4429' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.99   Med: 5.4   Max: 33.31
Current: 3.97

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ricksoft Co was 33.31. The lowest was 2.99. And the median was 5.40.

TSE:4429's Price-to-Net-Current-Asset-Value is ranked better than
60.99% of 1692 companies
in the Software industry
Industry Median: 5.28 vs TSE:4429: 3.97

Ricksoft Co Net Current Asset Value Historical Data

The historical data trend for Ricksoft 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.

Ricksoft Co Net Current Asset Value Chart

Ricksoft Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Current Asset Value
Get a 7-Day Free Trial 213.00 294.60 393.81 466.61 496.09

Ricksoft Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 468.87 496.09 515.75 462.74 491.39

Competitive Comparison of Ricksoft Co's Net Current Asset Value

For the Software - Application subindustry, Ricksoft 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.


Ricksoft Co's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



Ricksoft Co Net Current Asset Value Calculation

Ricksoft Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(A: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4339.504-2097.151-0-0)/4.52006
=496.09

Ricksoft Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5481.454-3245.554-0-0)/4.55016
=491.39

* 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.


Ricksoft Co  (TSE:4429) 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.


Ricksoft Co Net Current Asset Value Related Terms

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Ricksoft Co (TSE:4429) Business Description

Traded in Other Exchanges
N/A
Address
Otemachi Nomura Buolding 8th Floor, 2-1-1, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Ricksoft Co Ltd offers software product implementation consulting, virtualization, implementation design, plugin development, and related services. The company provides WBS Gantt-Chart for JIRA, an add-on that offers visualizing project progress solutions for project management, issue management, and task status management.

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