What is Adani Ports & Special Economic Zone 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).
The historical rank and industry rank for Adani Ports & Special Economic Zone's Net Current Asset Value or its related term are showing as below:
BOM:532921's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 3.635 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Adani Ports & Special Economic Zone Net Current Asset Value Historical Data
* 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.
Adani Ports & Special Economic Zone Net Current Asset Value Chart
Competitive Comparison of Adani Ports & Special Economic Zone's Net Current Asset Value
For the Marine Shipping subindustry, Adani Ports & Special Economic Zone'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.
Adani Ports & Special Economic Zone's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Adani Ports & Special Economic Zone's Price-to-Net-Current-Asset-Value falls into.
Adani Ports & Special Economic Zone Net Current Asset Value Calculation
* 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.
Adani Ports & Special Economic Zone (BOM:532921) 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 Grahams 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.
Adani Ports & Special Economic Zone Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Adani Ports & Special Economic Zone's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Adani Ports & Special Economic Zone (BOM:532921) Business Description
Adani Ports & Special Economic Zone Ltd is a port infrastructure company domiciled in India. The company owns, operates, develops, and maintains port terminals and port infrastructure in India, including operating and developing infrastructure at the Special Economic Zone in Mundra. Adani Ports & Special Economic Zone also owns and operates a private railway to transport container cargo, and provides storage, handling, and other logistics services. It has one business segment, namely developing, operating and maintaining the ports services, ports-related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company generates the vast majority of revenue domestically.
Adani Ports & Special Economic Zone (BOM:532921) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532921 has been successfully added to your 