GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gulf Hotels Group BSC (BAH:GHG) » Definitions » Net Current Asset Value

Gulf Hotels Group BSC (BAH:GHG) Net Current Asset Value : BHD0.03 (As of Mar. 2024)


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

What is Gulf Hotels Group BSC 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).

Gulf Hotels Group BSC's net current asset value per share for the quarter that ended in Mar. 2024 was BHD0.03.

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

BAH:GHG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.43   Med: 7.35   Max: 20.75
Current: 14.5

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gulf Hotels Group BSC was 20.75. The lowest was 3.43. And the median was 7.35.

BAH:GHG's Price-to-Net-Current-Asset-Value is ranked worse than
76.19% of 294 companies
in the Travel & Leisure industry
Industry Median: 5.23 vs BAH:GHG: 14.50

Gulf Hotels Group BSC Net Current Asset Value Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC Net Current Asset Value Chart

Gulf Hotels Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 - 0.06 0.03

Gulf Hotels Group BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.02 -0.42 0.03 0.03

Competitive Comparison of Gulf Hotels Group BSC's Net Current Asset Value

For the Lodging subindustry, Gulf Hotels Group BSC'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.


Gulf Hotels Group BSC's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Gulf Hotels Group BSC Net Current Asset Value Calculation

Gulf Hotels Group BSC'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)
=(13.862-6.149-0-0)/225.995
=0.03

Gulf Hotels Group BSC'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)
=(12.409-5.993-0-0)/225.995
=0.03

* 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.


Gulf Hotels Group BSC  (BAH:GHG) 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.


Gulf Hotels Group BSC Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Gulf Hotels Group BSC's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.