SELECT * FROM `stock_list` where symbol='BDI' AND exchange = 'TSX' limit 0,1
SELECT * FROM `stock_list` where symbol='BDI' AND exchange = 'TSX' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "BDI" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Black Diamond Group (TSX:BDI) Net Current Asset Value
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Black Diamond Group Ltd (TSX:BDI) » Definitions » Net Current Asset Value

Black Diamond Group (TSX:BDI) Net Current Asset Value : C$-4.53 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Black Diamond Group 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).

Black Diamond Group's net current asset value per share for the quarter that ended in Dec. 2023 was C$-4.53.

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

TSX:BDI's Price-to-Net-Current-Asset-Value is not ranked *
in the Business Services industry.
Industry Median: 4.17
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Black Diamond Group Net Current Asset Value Historical Data

The historical data trend for Black Diamond Group'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.

Black Diamond Group Net Current Asset Value Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.75 -4.26 -3.78 -4.75 -4.53

Black Diamond Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only -4.75 -4.67 -4.70 -4.63 -4.53

Competitive Comparison of Black Diamond Group's Net Current Asset Value

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

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

* The bar in red indicates where Black Diamond Group's Price-to-Net-Current-Asset-Value falls into.



Black Diamond Group Net Current Asset Value Calculation

Black Diamond Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(85.036-353.677-3.886-0)/60.187
=-4.53

Black Diamond Group'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)
=(85.036-353.677-3.886-0)/60.187
=-4.53

* 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.


Black Diamond Group  (TSX:BDI) 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.


Black Diamond Group Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Black Diamond Group's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Diamond Group (TSX:BDI) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.
Executives
Steve Stein Director

Black Diamond Group (TSX:BDI) Headlines

No Headlines