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Zalatoris II Acquisition (Zalatoris II Acquisition) Net Current Asset Value : $-0.10 (As of Sep. 2023)


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What is Zalatoris II Acquisition 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).

Zalatoris II Acquisition's net current asset value per share for the quarter that ended in Sep. 2023 was $-0.10.

The historical rank and industry rank for Zalatoris II Acquisition's Net Current Asset Value or its related term are showing as below:

ZLS's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Zalatoris II Acquisition Net Current Asset Value Historical Data

The historical data trend for Zalatoris II Acquisition'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.

Zalatoris II Acquisition Net Current Asset Value Chart

Zalatoris II Acquisition Annual Data
Trend Dec21 Dec22
Net Current Asset Value
-0.51 -0.54

Zalatoris II Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.51 -0.54 -0.54 -0.29 -0.10

Competitive Comparison of Zalatoris II Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Zalatoris II Acquisition'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.


Zalatoris II Acquisition's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zalatoris II Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Zalatoris II Acquisition's Price-to-Net-Current-Asset-Value falls into.



Zalatoris II Acquisition Net Current Asset Value Calculation

Zalatoris II Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.278-15.215-0-0)/27.4514
=-0.54

Zalatoris II Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.077-1.242-0-0)/12.005
=-0.10

* 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.


Zalatoris II Acquisition  (NAS:ZLS) 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.


Zalatoris II Acquisition Net Current Asset Value Related Terms

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Zalatoris II Acquisition (Zalatoris II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
31 Hudson Yards, 11th Floor, New York, NY, USA, 10005
Zalatoris II Acquisition Corp is a blank check company.
Executives
Adeel Rouf director 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
Pantelis Dimitriou director 99 WALL STREET, SUITE 5801, NEW YORK NY 10005
Paul Michael Davis director, officer: Chief Executive Officer 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
J. Streicher Holdings, Llc 10 percent owner 99 WALL STREET, #5801, NEW YORK NY 10005
Llewellyn Farquharson director 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10005
Xp Inc. 10 percent owner 20, GENESIS CLOSE, GRAND CAYMAN, GEORGE TOWN E9 KY-1-1208
Xpac Sponsor Llc 10 percent owner AV. PRESIDENTE JUSCELINO KUBITSCHEK, 1909, 25TH FLOOR, TORRE SOL, SAO PAULO D5 04543-907
Fabio Kann officer: Chief Financial Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Guilherme Teixeira officer: Chief Investment Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Chu Chiu Kong director, officer: Chief Executive Officer C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Tedde Camilo De Oliveira director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Marcos Peixoto director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Denis Pedreira director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036
Ana Cabral-gardner director C/O XPAC ACQUISITION CORP., 55 WEST 46TH STREET, 30TH FLOOR, NEW YORK NY 10036

Zalatoris II Acquisition (Zalatoris II Acquisition) Headlines