GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Blockchain Acquisition Corp (NAS:GBBK) » Definitions » Net Current Asset Value

Global Blockchain Acquisition (Global Blockchain Acquisition) Net Current Asset Value : $-0.24 (As of Dec. 2023)


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

What is Global Blockchain 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).

Global Blockchain Acquisition's net current asset value per share for the quarter that ended in Dec. 2023 was $-0.24.

The historical rank and industry rank for Global Blockchain Acquisition's Net Current Asset Value or its related term are showing as below:

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Global Blockchain Acquisition was 336.33. The lowest was 336.33. And the median was 336.33.

GBBK's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.87
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Global Blockchain Acquisition Net Current Asset Value Historical Data

The historical data trend for Global Blockchain 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.

Global Blockchain Acquisition Net Current Asset Value Chart

Global Blockchain Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
-0.01 0.03 -0.24

Global Blockchain Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 - 0.02 -0.18 -0.24

Competitive Comparison of Global Blockchain Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Global Blockchain 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.


Global Blockchain 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, Global Blockchain Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Global Blockchain Acquisition's Price-to-Net-Current-Asset-Value falls into.



Global Blockchain Acquisition Net Current Asset Value Calculation

Global Blockchain 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)
=(0.476-2.199-0-0)/7.19188
=-0.24

Global Blockchain Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.476-2.199-0-0)/7.19188
=-0.24

* 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.


Global Blockchain Acquisition  (NAS:GBBK) 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.


Global Blockchain Acquisition Net Current Asset Value Related Terms

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


Global Blockchain Acquisition (Global Blockchain Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
6555 Sanger Road, Suite 200, Orlando, FL, USA, 32827
Website
Global Blockchain Acquisition Corp is a blank check company.
Executives
Christopher Ensey director 2307 NE 12TH ST., FT. LAUDERDALE FL 33304
Jonathan D Morris officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Max Wayne Hooper director, officer: Chief Executive Officer 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Katya Rayevsky Fisher director 1010 BRICKELL AVE, 4705, MIAMI FL 33130
Global Blockchain Sponsor, Llc 10 percent owner C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David L. Ruttenberg director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
David S. Metcalf director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827
Paul C. Jeffries director C/O GLOBAL BLOCKCHAIN ACQUISITION CORP., 6555 SANGER ROAD, SUITE 200, ORLANDO FL 32827