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Hyzon Motors (Hyzon Motors) Net Current Asset Value : $0.38 (As of Dec. 2023)


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What is Hyzon Motors 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).

Hyzon Motors's net current asset value per share for the quarter that ended in Dec. 2023 was $0.38.

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

HYZN' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.55   Med: 2.36   Max: 4.7
Current: 1.6

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hyzon Motors was 4.70. The lowest was 1.55. And the median was 2.36.

HYZN's Price-to-Net-Current-Asset-Value is ranked better than
85.65% of 669 companies
in the Vehicles & Parts industry
Industry Median: 4.93 vs HYZN: 1.60

Hyzon Motors Net Current Asset Value Historical Data

The historical data trend for Hyzon Motors'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.

Hyzon Motors Net Current Asset Value Chart

Hyzon Motors Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
0.05 1.38 1.00 0.38

Hyzon Motors Quarterly Data
Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.89 0.65 0.52 0.38

Competitive Comparison of Hyzon Motors's Net Current Asset Value

For the Auto Parts subindustry, Hyzon Motors'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.


Hyzon Motors's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Hyzon Motors's Price-to-Net-Current-Asset-Value falls into.



Hyzon Motors Net Current Asset Value Calculation

Hyzon Motors'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)
=(152.523-61.135--0.686-0)/245.081
=0.38

Hyzon Motors'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)
=(152.523-61.135--0.686-0)/245.081
=0.38

* 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.


Hyzon Motors  (NAS:HYZN) 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.


Hyzon Motors Net Current Asset Value Related Terms

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Hyzon Motors (Hyzon Motors) Business Description

Traded in Other Exchanges
N/A
Address
475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Executives
Horizon Fuel Cell Technologies Pte Ltd 10 percent owner KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Stephen Weiland officer: Chief Financial Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Matthew J. Foulston director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace director NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage officer: Chief Human Resources Officer 648 VINEWOOD AVE, BIRMINGHAM MI 48009
Bappaditya Banerjee officer: Chief Operating Officer 439 S. MONROE ST., HINSDALE IL 60521
John Milton Edgley officer: President of International Ops 69 RYANS RD, ELTHAM C3 3095
Samuel S Chong officer: Chief Financial Officer 475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight director, officer: Chief Executive Officer 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin officer: See Remarks 2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp officer: See Remarks 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Parker Stewart Meeks officer: Chief Strategy Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Shinichi Hirano officer: Chief Technology Officer 5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322
John R Zavoli officer: See Remarks 6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Jiajia Wu officer: Chief Accounting Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440