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Alliance Bank Malaysia Bhd (XKLS:2488) Net Current Asset Value : RM0.00 (As of Dec. 2023)


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What is Alliance Bank Malaysia Bhd 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).

Alliance Bank Malaysia Bhd's net current asset value per share for the quarter that ended in Dec. 2023 was RM0.00.

The historical rank and industry rank for Alliance Bank Malaysia Bhd's Net Current Asset Value or its related term are showing as below:

XKLS:2488's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 1.12
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Alliance Bank Malaysia Bhd Net Current Asset Value Historical Data

The historical data trend for Alliance Bank Malaysia Bhd'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.

Alliance Bank Malaysia Bhd Net Current Asset Value Chart

Alliance Bank Malaysia Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
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Alliance Bank Malaysia Bhd Quarterly Data
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Competitive Comparison of Alliance Bank Malaysia Bhd's Net Current Asset Value

For the Banks - Regional subindustry, Alliance Bank Malaysia Bhd'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.


Alliance Bank Malaysia Bhd's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alliance Bank Malaysia Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Alliance Bank Malaysia Bhd's Price-to-Net-Current-Asset-Value falls into.



Alliance Bank Malaysia Bhd Net Current Asset Value Calculation

Alliance Bank Malaysia Bhd'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)
=(N/A-59563.859-0-0)/1548.11
=N/A

Alliance Bank Malaysia Bhd'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)
=(N/A-66346.352-0-0)/1548.11
=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.


Alliance Bank Malaysia Bhd  (XKLS:2488) 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.


Alliance Bank Malaysia Bhd Net Current Asset Value Related Terms

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Alliance Bank Malaysia Bhd (XKLS:2488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Munshi Abdullah, 3rd Floor, Menara Multi-Purpose, Capital Square, Kuala Lumpur, SGR, MYS, 50100
Alliance Bank Malaysia Bhd is a Malaysia-based company engaged in providing banking and financial services. Its segments consist of its consumer banking segment, which offers personal banking solutions, including mortgages, credit cards, and wealth management. The business banking segment consists of small and midsize enterprise and wholesale banking and offers products and services, such as cash management, trade finance, treasury, and structured solutions. The financial markets segment offers money market, hedging, foreign exchange, wealth management, and stockbroking and corporate advisory segment. The stockbroking and corporate advisory cover stockbroking activities and corporate advisory and other segments. It generates maximum revenue from the business banking segment.

Alliance Bank Malaysia Bhd (XKLS:2488) Headlines

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