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Fast Fitness Japan (TSE:7092) Net Current Asset Value : 円192.75 (As of Dec. 2023)


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What is Fast Fitness Japan 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).

Fast Fitness Japan's net current asset value per share for the quarter that ended in Dec. 2023 was 円192.75.

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

TSE:7092' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.44   Med: 13.84   Max: 212.17
Current: 6.14

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fast Fitness Japan was 212.17. The lowest was 5.44. And the median was 13.84.

TSE:7092's Price-to-Net-Current-Asset-Value is ranked worse than
55.29% of 293 companies
in the Travel & Leisure industry
Industry Median: 5.1 vs TSE:7092: 6.14

Fast Fitness Japan Net Current Asset Value Historical Data

The historical data trend for Fast Fitness Japan'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.

Fast Fitness Japan Net Current Asset Value Chart

Fast Fitness Japan Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial -246.57 -402.12 -87.58 -26.53 102.59

Fast Fitness Japan Quarterly Data
Mar18 Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 70.94 102.59 137.61 176.51 192.75

Competitive Comparison of Fast Fitness Japan's Net Current Asset Value

For the Leisure subindustry, Fast Fitness Japan'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.


Fast Fitness Japan's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Fast Fitness Japan's Price-to-Net-Current-Asset-Value falls into.



Fast Fitness Japan Net Current Asset Value Calculation

Fast Fitness Japan'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)
=(11894-9975-0-0)/18.7056
=102.59

Fast Fitness Japan's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(12131-8522-0-0)/18.7241
=192.75

* 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.


Fast Fitness Japan  (TSE:7092) 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.


Fast Fitness Japan Net Current Asset Value Related Terms

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Fast Fitness Japan (TSE:7092) Business Description

Traded in Other Exchanges
N/A
Address
Shinjuku-ku, 6-12-1 Park West 6th Floor, Nishi-Shinjuku, Tokyo, JPN, 160-0023
Fast Fitness Japan Inc is an operator of fitness club in Japan. The company engages in planning and management of fitness club under the name anytime fitness.

Fast Fitness Japan (TSE:7092) Headlines

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