GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Patria Latin American Opportunity Acquisition Corp (NAS:PLAO) » Definitions » Net Current Asset Value

Patria Latin American Opportunity Acquisition (Patria Latin American Opportunity Acquisition) Net Current Asset Value : $8.03 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Patria Latin American Opportunity 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).

Patria Latin American Opportunity Acquisition's net current asset value per share for the quarter that ended in Mar. 2024 was $8.03.

The historical rank and industry rank for Patria Latin American Opportunity Acquisition's Net Current Asset Value or its related term are showing as below:

PLAO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.27   Med: 1.35   Max: 1.44
Current: 1.42

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Patria Latin American Opportunity Acquisition was 1.44. The lowest was 1.27. And the median was 1.35.

PLAO's Price-to-Net-Current-Asset-Value is ranked better than
65.5% of 200 companies
in the Diversified Financial Services industry
Industry Median: 2.055 vs PLAO: 1.42

Patria Latin American Opportunity Acquisition Net Current Asset Value Historical Data

The historical data trend for Patria Latin American Opportunity 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.

Patria Latin American Opportunity Acquisition Net Current Asset Value Chart

Patria Latin American Opportunity Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
-0.02 8.03 7.96

Patria Latin American Opportunity Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.11 7.57 7.65 7.96 8.03

Competitive Comparison of Patria Latin American Opportunity Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Patria Latin American Opportunity 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.


Patria Latin American Opportunity 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, Patria Latin American Opportunity Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Patria Latin American Opportunity Acquisition's Price-to-Net-Current-Asset-Value falls into.



Patria Latin American Opportunity Acquisition Net Current Asset Value Calculation

Patria Latin American Opportunity Acquisition'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)
=(187.454-7.221-0-0)/22.6305
=7.96

Patria Latin American Opportunity Acquisition'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)
=(190.805-9.122-0-0)/22.6305
=8.03

* 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.


Patria Latin American Opportunity Acquisition  (NAS:PLAO) 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.


Patria Latin American Opportunity Acquisition Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Patria Latin American Opportunity Acquisition's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Patria Latin American Opportunity Acquisition (Patria Latin American Opportunity Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
18 Forum Lane, 3rd Floor, PO Box 757, Camana Bay, CYM, KY1-9006
Website
Patria Latin American Opportunity Acquisition Corp is a blank check company.
Executives
Patria Spac Llc 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Marco Nicola D'ippolito officer: Chief Financial Officer 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Goncalves De Araujo Teixeira Jose Augusto officer: Chief Executive Officer 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Teixeira De Assumpcao Saigh Alexandre director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Ricardo Leonel Scavazza director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Elejalde De Campos Pedro Paulo director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Mello Guimaraes Maria Claudia director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Leonardos Ricardo Barbosa director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006

Patria Latin American Opportunity Acquisition (Patria Latin American Opportunity Acquisition) Headlines