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Sennen Potash (TSXV:SN.H) Net Current Asset Value : C$-0.20 (As of Jan. 2025)


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What is Sennen Potash 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).

Sennen Potash's net current asset value per share for the quarter that ended in Jan. 2025 was C$-0.20.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sennen Potash was 22.50. The lowest was 22.50. And the median was 22.50.

TSXV:SN.H's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 4.32
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Sennen Potash Net Current Asset Value Historical Data

The historical data trend for Sennen Potash'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.

Sennen Potash Net Current Asset Value Chart

Sennen Potash Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.07 -0.13 -0.18 -0.20

Sennen Potash Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -0.18 -0.19 -0.19 -0.20 -0.20

Competitive Comparison of Sennen Potash's Net Current Asset Value

For the Conglomerates subindustry, Sennen Potash'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.


Sennen Potash's Price-to-Net-Current-Asset-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sennen Potash's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Sennen Potash Net Current Asset Value Calculation

Sennen Potash's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2025 is calculated as

Net Current Asset Value Per Share(A: Jan. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.011-2.102-0-0)/10.248
=-0.20

Sennen Potash's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2025 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.011-2.102-0-0)/10.248
=-0.20

* 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.


Sennen Potash  (TSXV:SN.H) 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.


Sennen Potash Net Current Asset Value Related Terms

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Sennen Potash Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Sennen Potash Corp is an exploration stage company based in Canada. It is engaged in the business of seeking and evaluating assets and businesses with a view of potentially acquiring them through a purchase transaction. It operates through one reportable segment Seeking and Evaluating Assets and Businesses to Acquire.

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