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Amergent Hospitality Group (Amergent Hospitality Group) Net Current Asset Value : $-1.62 (As of Dec. 2022)


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What is Amergent Hospitality Group 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).

Amergent Hospitality Group's net current asset value per share for the quarter that ended in Dec. 2022 was $-1.62.

The historical rank and industry rank for Amergent Hospitality Group's Net Current Asset Value or its related term are showing as below:

AMHG's Price-to-Net-Current-Asset-Value is not ranked *
in the Restaurants industry.
Industry Median: 11.14
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Amergent Hospitality Group Net Current Asset Value Historical Data

The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group Net Current Asset Value Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
-2.38 -1.94 -1.76 -1.62

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -1.76 -1.75 -1.75 -1.83 -1.62

Competitive Comparison of Amergent Hospitality Group's Net Current Asset Value

For the Restaurants subindustry, Amergent Hospitality Group'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.


Amergent Hospitality Group's Price-to-Net-Current-Asset-Value Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's Price-to-Net-Current-Asset-Value falls into.



Amergent Hospitality Group Net Current Asset Value Calculation

Amergent Hospitality Group'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)
=(1.636-28.489--1.49-0.058)/15.7067
=-1.62

Amergent Hospitality Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.636-28.489--1.49-0.058)/15.7067
=-1.62

* 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.


Amergent Hospitality Group  (OTCPK:AMHG) 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.


Amergent Hospitality Group Net Current Asset Value Related Terms

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Amergent Hospitality Group (Amergent Hospitality Group) Business Description

Traded in Other Exchanges
N/A
Address
7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.
Executives
Mark Anthony Whittle officer: INTERIM PRESIDENT 1481 N HWY 113, CARROLLTON GA 30117
Michael D Pruitt director, officer: CHIEF EXECUTIVE OFFICER 11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Frederick L Glick director, officer: PRESIDENT 7621 LITTLE AVE STE 414, CHARLOTTE NC 28226
Stephen J Hoelscher officer: CFO 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Robert Sumner Hersch 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Mv Amanth Llc 10 percent owner 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701-3516
Oz Rey Llc 10 percent owner 918 CONGRESS AVENUE, SUITE 100, AUSTIN TX 78701
Keith J Johnson director 56 REDBAY ROAD, ELGIN SC 29045
J Eric Wagoner director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DRIVE, SUITE 200 SOUTH, CHANTILLY VA 20151
Neil G Kiefer director 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Patrick Clay Harkleroad officer: CHIEF FINANCIAL OFFICER 7621 LITTLE AVE, SUITE 414, CHARLOTTE NC 28226

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