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Orbit Garant Drilling (TSX:OGD) Net Current Asset Value : C$0.46 (As of Mar. 2025)


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What is Orbit Garant Drilling 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).

Orbit Garant Drilling's net current asset value per share for the quarter that ended in Mar. 2025 was C$0.46.

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

TSX:OGD' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.72   Med: 1.63   Max: 3.26
Current: 3.26

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Orbit Garant Drilling was 3.26. The lowest was 0.72. And the median was 1.63.

TSX:OGD's Price-to-Net-Current-Asset-Value is ranked better than
69.38% of 1032 companies
in the Metals & Mining industry
Industry Median: 6.01 vs TSX:OGD: 3.26

Orbit Garant Drilling Net Current Asset Value Historical Data

The historical data trend for Orbit Garant Drilling'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.

Orbit Garant Drilling Net Current Asset Value Chart

Orbit Garant Drilling Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.61 0.44 0.43 0.43

Orbit Garant Drilling Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.38 0.43 0.47 0.43 0.46

Competitive Comparison of Orbit Garant Drilling's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.


Orbit Garant Drilling's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Orbit Garant Drilling's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Orbit Garant Drilling's Price-to-Net-Current-Asset-Value falls into.


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Orbit Garant Drilling Net Current Asset Value Calculation

Orbit Garant Drilling's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(75.649-59.648-0-0)/37.373
=0.43

Orbit Garant Drilling's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(86.245-68.952-0-0)/37.349
=0.46

* 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.


Orbit Garant Drilling  (TSX:OGD) 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.


Orbit Garant Drilling Net Current Asset Value Related Terms

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Orbit Garant Drilling Business Description

Traded in Other Exchanges
Address
3200, Jean Jacques Cossette Boulevard, Val-d'Or, QC, CAN, J9P 6Y6
Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa. The majority of the company's revenue is derived from operations in Canada.
Executives
Pierre Rougeau Director
Mario Jacob Director
Pierre Alexandre 10% Security Holder, Director, Senior Officer
6705570 Canada Inc. 10% Security Holder
André Pagé Director
Nicole Veilleux Director
Daniel Maheu Senior Officer
Eric Alexandre Director, Senior Officer
Alain Laplante Senior Officer

Orbit Garant Drilling Headlines

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