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Midland Capital Holdings (Midland Capital Holdings) Net Current Asset Value : $0.00 (As of Jun. 2023)


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What is Midland Capital Holdings 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).

Midland Capital Holdings's net current asset value per share for the quarter that ended in Jun. 2023 was $0.00.

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

MCPH's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 2.59
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Midland Capital Holdings Net Current Asset Value Historical Data

The historical data trend for Midland Capital Holdings'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.

Midland Capital Holdings Net Current Asset Value Chart

Midland Capital Holdings Annual Data
Trend Jun00 Jun01 Jun03 Jun04 Jun05 Jun06 Jun07 Jun22 Jun23
Net Current Asset Value
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Midland Capital Holdings Semi-Annual Data
Jun00 Jun01 Jun03 Jun04 Jun05 Jun06 Jun07 Jun22 Jun23
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Competitive Comparison of Midland Capital Holdings's Net Current Asset Value

For the Banks - Regional subindustry, Midland Capital Holdings'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.


Midland Capital Holdings's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Midland Capital Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Midland Capital Holdings's Price-to-Net-Current-Asset-Value falls into.



Midland Capital Holdings Net Current Asset Value Calculation

Midland Capital Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-107.54-0-0)/0.371
=N/A

Midland Capital Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-107.54-0-0)/0.371
=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.


Midland Capital Holdings  (OTCPK:MCPH) 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.


Midland Capital Holdings Net Current Asset Value Related Terms

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Midland Capital Holdings (Midland Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8929 South Harlem Avenue, Bridgeview, IL, USA, 60455
Midland Capital Holdings Corp is engaged in the business of attracting deposits from the general public and using such deposits to originate a residential mortgage and, to a lesser extent, consumer, multi-family, and other loans in its primary market area. The company also makes substantial investments in investment securities and money market mutual funds.
Executives
Richard Lloyd Taylor director, officer: Vice President 13361 CALLAN DR., ORLAND PARK X1 60462
Algerd Brazis director
Michael J Kukanza director

Midland Capital Holdings (Midland Capital Holdings) Headlines