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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).
Nirou Investment Co's net current asset value per share for the quarter that ended in . 20 was IRR0.00.
The historical rank and industry rank for Nirou Investment Co's Net Current Asset Value or its related term are showing as below:
XTEH:SNRO1's Price-to-Net-Current-Asset-Value is not ranked *
in the industry.
Industry Median: * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Nirou Investment Co (XTEH:SNRO1) 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 Grahams 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.
Nirou Investment Co Net Current Asset Value Related Terms
Nirou Investment Co Net Current Asset Value Historical Data
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The historical data trend for Nirou Investment 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.
Nirou Investment Co Net Current Asset Value Chart
Nirou Investment Co Annual Data
Trend
Net Current Asset Value
Nirou Investment Co Semi-Annual Data
Net Current Asset Value
XTEH:SNRO1 vs : Net Current Asset Value Comparison
For the subindustry, Nirou Investment 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.
Nirou Investment Co Price-to-Net-Current-Asset-Value vs Industry
For the industry and sector, Nirou Investment Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nirou Investment Co's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of IRR0.00 mean?
Nirou Investment Co (XTEH:SNRO1) has a Net Current Asset Value of IRR0.00 as of . 20. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Nirou Investment Co and its competitors.
Is Nirou Investment Co's Net Current Asset Value too high?
Nirou Investment Co's current Net Current Asset Value is IRR0.00. Overall, Nirou Investment Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Nirou Investment Co's Net Current Asset Value compare to ?
Nirou Investment Co's Net Current Asset Value is IRR0.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a company?
A good Net Current Asset Value depends on the industry context. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Nirou Investment Co and its competitors. Nirou Investment Co's current Net Current Asset Value is IRR0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirou Investment Co stock overvalued right now?
Nirou Investment Co (XTEH:SNRO1) has a current Net Current Asset Value of IRR0.00. The current Net Current Asset Value is IRR0.00. Nirou Investment Co's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Nirou Investment Co (XTEH:SNRO1), the current Net Current Asset Value is IRR0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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