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Grupo Catalana Occidente (XMAD:GCO) Net Current Asset Value : €0.00 (As of Sep. 2023)


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What is Grupo Catalana Occidente 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).

Grupo Catalana Occidente's net current asset value per share for the quarter that ended in Sep. 2023 was €0.00.

The historical rank and industry rank for Grupo Catalana Occidente's Net Current Asset Value or its related term are showing as below:

XMAD:GCO's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 7.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Grupo Catalana Occidente Net Current Asset Value Historical Data

The historical data trend for Grupo Catalana Occidente'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.

Grupo Catalana Occidente Net Current Asset Value Chart

Grupo Catalana Occidente Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
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Grupo Catalana Occidente Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Grupo Catalana Occidente's Net Current Asset Value

For the Insurance - Diversified subindustry, Grupo Catalana Occidente'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.


Grupo Catalana Occidente's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Grupo Catalana Occidente's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Grupo Catalana Occidente's Price-to-Net-Current-Asset-Value falls into.



Grupo Catalana Occidente Net Current Asset Value Calculation

Grupo Catalana Occidente'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)
=(N/A-13788.162-400.208-0)/118.023
=N/A

Grupo Catalana Occidente'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)
=(N/A-14481.5-463.6-0)/118.023
=N/A

* 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.


Grupo Catalana Occidente  (XMAD:GCO) 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.


Grupo Catalana Occidente Net Current Asset Value Related Terms

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Grupo Catalana Occidente (XMAD:GCO) Business Description

Traded in Other Exchanges
Address
Avenida Alcalde Barnils 63, Sant Cugat del Valles, Barcelona, ESP, 08174
Grupo Catalana Occidente SA is a property and casualty company that operates in the global insurance market, as well as the global credit insurance market. It generates most of its revenue from Spain and other European countries. The company's revenue is generally split between its traditional insurance business and its credit insurance activity. Its traditional insurance business includes residential, commercial, auto, and life insurance products. Grupo's credit insurance business protects companies from the default risk associated with selling products and services on credit.