What is Koninklijke Ahold Delhaize NV 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).
Koninklijke Ahold Delhaize NV's net current asset value per share for the quarter that ended in Sep. 2024 was €-23.16.
The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Net Current Asset Value or its related term are showing as below:
XTER:AHOG's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.785 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Koninklijke Ahold Delhaize NV Net Current Asset Value Historical Data
* 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.
Koninklijke Ahold Delhaize NV Net Current Asset Value Chart
Competitive Comparison of Koninklijke Ahold Delhaize NV's Net Current Asset Value
For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.
Koninklijke Ahold Delhaize NV's Price-to-Net-Current-Asset-Value Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Koninklijke Ahold Delhaize NV's Price-to-Net-Current-Asset-Value falls into.
Koninklijke Ahold Delhaize NV Net Current Asset Value Calculation
Koninklijke Ahold Delhaize NV's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Koninklijke Ahold Delhaize NV (XTER:AHOG) 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.
Koninklijke Ahold Delhaize NV Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Koninklijke Ahold Delhaize NV's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Koninklijke Ahold Delhaize NV Business Description
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the US and a top player in many parts of Europe. The US is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The US store network stretches from Maine to Georgia and includes such banners as Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Netherlands, Belgium, and Central and SouthEastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in almost all of these countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:AHOG has been successfully added to your 