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Careerlink Co (TSE:6070) Net Current Asset Value : 円1,022.47 (As of Sep. 2024)


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What is Careerlink 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).

Careerlink Co's net current asset value per share for the quarter that ended in Sep. 2024 was 円1,022.47.

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

TSE:6070' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.65   Med: 2.88   Max: 7.98
Current: 2.07

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Careerlink Co was 7.98. The lowest was 1.65. And the median was 2.88.

TSE:6070's Price-to-Net-Current-Asset-Value is ranked better than
75.17% of 604 companies
in the Business Services industry
Industry Median: 3.99 vs TSE:6070: 2.07

Careerlink Co Net Current Asset Value Historical Data

The historical data trend for Careerlink 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.

Careerlink Co Net Current Asset Value Chart

Careerlink Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.77 208.94 243.26 376.46 1,005.96

Careerlink Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 935.42 934.64 1,003.96 1,061.39 1,022.47

Competitive Comparison of Careerlink Co's Net Current Asset Value

For the Staffing & Employment Services subindustry, Careerlink 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.


Careerlink Co's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Careerlink Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Careerlink Co Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(20279.517-8283.014-63.836-0)/11.862
=1,005.96

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

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(17555.805-5328.406-88.626-0)/11.872
=1,022.47

* 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.


Careerlink Co  (TSE:6070) 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.


Careerlink Co Net Current Asset Value Related Terms

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Careerlink Co Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
Careerlink Co Ltd provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

Careerlink Co Headlines

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