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Jerasia Capital Bhd (XKLS:8931) Net Current Asset Value : RM-3.27 (As of Feb. 2023)


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What is Jerasia Capital 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).

Jerasia Capital Bhd's net current asset value per share for the quarter that ended in Feb. 2023 was RM-3.27.

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

XKLS:8931's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 3.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Jerasia Capital Bhd Net Current Asset Value Historical Data

The historical data trend for Jerasia Capital 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.

Jerasia Capital Bhd Net Current Asset Value Chart

Jerasia Capital Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.66 0.64 0.80 0.40

Jerasia Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23
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 -1.81 -1.97 -2.06 -3.23 -3.27

Competitive Comparison of Jerasia Capital Bhd's Net Current Asset Value

For the Apparel Manufacturing subindustry, Jerasia Capital 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.


Jerasia Capital Bhd's Price-to-Net-Current-Asset-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerasia Capital Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Jerasia Capital Bhd Net Current Asset Value Calculation

Jerasia Capital Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2020 is calculated as

Net Current Asset Value Per Share(A: Jun. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(282.295-249.665-0-0)/82.0461
=0.40

Jerasia Capital Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(13.923-282.513-0-0)/82.046
=-3.27

* 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.


Jerasia Capital Bhd  (XKLS:8931) 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.


Jerasia Capital Bhd Net Current Asset Value Related Terms

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Jerasia Capital Bhd (XKLS:8931) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cheras, Numbers 2-8, Lorong 6E/91, Taman Shamelin Perkasa, Wilayah Persekutuan, Batu 31/2, Kuala Lumpur, MYS, 56100
Jerasia Capital Bhd through its subsidiaries is engaged in the manufacturing and exporting of fashion apparel and accessories. The business activity of the group is operated through Garment Manufacturing, Retail and Others segments. The Garment manufacturing segments include the manufacture and export of fashion apparel and accessories. The Retail segment involves retailing of fashion apparel and accessories and the Other segment consists of investments and dormant companies. Geographically all the operation are functioned through the region of Malaysia, however, it also has the presence across the region of USA, Europe, Singapore, and Japan. Jerasia Capital derives the majority of revenue from export of apparel and accessories.

Jerasia Capital Bhd (XKLS:8931) Headlines

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