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AEON Financial Service Co (TSE:8570) Net Current Asset Value : 円0.00 (As of Aug. 2024)


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What is AEON Financial Service 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).

AEON Financial Service Co's net current asset value per share for the quarter that ended in Aug. 2024 was 円0.00.

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

TSE:8570's Price-to-Net-Current-Asset-Value is not ranked *
in the Credit Services industry.
Industry Median: 2.19
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

AEON Financial Service Co Net Current Asset Value Historical Data

The historical data trend for AEON Financial Service 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.

AEON Financial Service Co Net Current Asset Value Chart

AEON Financial Service Co Annual Data
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Net Current Asset Value
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AEON Financial Service Co Quarterly Data
Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of AEON Financial Service Co's Net Current Asset Value

For the Credit Services subindustry, AEON Financial Service 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.


AEON Financial Service Co's Price-to-Net-Current-Asset-Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Financial Service Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



AEON Financial Service Co Net Current Asset Value Calculation

AEON Financial Service 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)
=(N/A-6118336-106319-0)/215.858
=N/A

AEON Financial Service Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-6729296-118193-0)/215.878
=N/A

* 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.


AEON Financial Service Co  (TSE:8570) 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.


AEON Financial Service Co Net Current Asset Value Related Terms

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AEON Financial Service Co Business Description

Traded in Other Exchanges
Address
Kandanishiki-cho, Chiyoda-ku, Terrace Square, 3-22, Tokyo, JPN
AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sale bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's largest source of net revenue.

AEON Financial Service Co Headlines

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