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Yura Tech Co (XKRX:048430) Net Current Asset Value : ₩7,427.37 (As of Jun. 2024)


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What is Yura Tech Co 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).

Yura Tech Co's net current asset value per share for the quarter that ended in Jun. 2024 was ₩7,427.37.

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

XKRX:048430' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.88   Med: 2.41   Max: 12.89
Current: 0.94

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Yura Tech Co was 12.89. The lowest was 0.88. And the median was 2.41.

XKRX:048430's Price-to-Net-Current-Asset-Value is ranked better than
92.25% of 684 companies
in the Vehicles & Parts industry
Industry Median: 4.74 vs XKRX:048430: 0.94

Yura Tech Co Net Current Asset Value Historical Data

The historical data trend for Yura Tech Co'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.

Yura Tech Co Net Current Asset Value Chart

Yura Tech Co 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 3,739.88 4,229.48 4,950.74 5,066.36 6,880.86

Yura Tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6,377.51 6,598.71 6,880.86 7,012.75 7,427.37

Competitive Comparison of Yura Tech Co's Net Current Asset Value

For the Auto Parts subindustry, Yura Tech Co'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.


Yura Tech Co's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yura Tech Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Yura Tech Co's Price-to-Net-Current-Asset-Value falls into.



Yura Tech Co Net Current Asset Value Calculation

Yura Tech Co'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)
=(110146.767-31341.018-0-0)/11.4529
=6,880.86

Yura Tech Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(113089.844-28024.908-0-0)/11.4529
=7,427.37

* 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.


Yura Tech Co  (XKRX:048430) 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.


Yura Tech Co Net Current Asset Value Related Terms

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Yura Tech Co Business Description

Traded in Other Exchanges
N/A
Address
25, Araegipeunnae-gil, Jeondong-myeon, Sejong, KOR
Yura Tech Co Ltd engages in the manufacture and sale of automobile ignition components. Its products include ignition and stick coils, spark, platinum, glow and iridium plugs, spark plug cables, glow relay unit, wiring harness, and others.

Yura Tech Co Headlines

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