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I Love Lund AB (XSAT:LOVE B) Net Current Asset Value : kr15.67 (As of Mar. 2024)


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What is I Love Lund AB 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).

I Love Lund AB's net current asset value per share for the quarter that ended in Mar. 2024 was kr15.67.

The historical rank and industry rank for I Love Lund AB's Net Current Asset Value or its related term are showing as below:

XSAT:LOVE B' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.22   Med: 6.26   Max: 9.32
Current: 5.11

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of I Love Lund AB was 9.32. The lowest was 3.22. And the median was 6.26.

XSAT:LOVE B's Price-to-Net-Current-Asset-Value is ranked worse than
57.49% of 367 companies
in the Asset Management industry
Industry Median: 3.39 vs XSAT:LOVE B: 5.11

I Love Lund AB Net Current Asset Value Historical Data

The historical data trend for I Love Lund AB'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.

I Love Lund AB Net Current Asset Value Chart

I Love Lund AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
66.18 350.90 21.56 20.24

I Love Lund AB Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.17 12.45 27.93 20.24 15.67

Competitive Comparison of I Love Lund AB's Net Current Asset Value

For the Asset Management subindustry, I Love Lund AB'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.


I Love Lund AB's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, I Love Lund AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where I Love Lund AB's Price-to-Net-Current-Asset-Value falls into.



I Love Lund AB Net Current Asset Value Calculation

I Love Lund AB'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)
=(7.968-0.271-0-0)/0.38025
=20.24

I Love Lund AB's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(6.226-0.266-0-0)/0.38025
=15.67

* 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.


I Love Lund AB  (XSAT:LOVE B) 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.


I Love Lund AB Net Current Asset Value Related Terms

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I Love Lund AB (XSAT:LOVE B) Business Description

Traded in Other Exchanges
N/A
Address
Hospitalsgatan 2, Lund, SWE, 223 53
I Love Lund AB is an investment company that invests in companies based in Lund. It invests broadly across all sectors and with the main focus on pre-seed companies. The portfolio's return objective is to achieve a return over a business cycle that is as good as equivalent references.

I Love Lund AB (XSAT:LOVE B) Headlines

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