GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Nora India Ltd (NSE:DENORA) » Definitions » Net Current Asset Value

De Nora India (NSE:DENORA) Net Current Asset Value : ₹177.01 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is De Nora India 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).

De Nora India's net current asset value per share for the quarter that ended in Mar. 2024 was ₹177.01.

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

NSE:DENORA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.45   Med: 3.97   Max: 9.22
Current: 8.45

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of De Nora India was 9.22. The lowest was 1.45. And the median was 3.97.

NSE:DENORA's Price-to-Net-Current-Asset-Value is ranked worse than
73.18% of 2148 companies
in the Industrial Products industry
Industry Median: 4.425 vs NSE:DENORA: 8.45

De Nora India Net Current Asset Value Historical Data

The historical data trend for De Nora India'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.

De Nora India Net Current Asset Value Chart

De Nora India Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.24 104.27 134.20 168.35 177.01

De Nora India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 168.35 171.25 - 177.01

Competitive Comparison of De Nora India's Net Current Asset Value

For the Electrical Equipment & Parts subindustry, De Nora India'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.


De Nora India's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where De Nora India's Price-to-Net-Current-Asset-Value falls into.



De Nora India Net Current Asset Value Calculation

De Nora India's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1009.53-69.838-0-0)/5.30863
=177.01

De Nora India'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)
=(1009.53-69.838-0-0)/5.30863
=177.01

* 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.


De Nora India  (NSE:DENORA) 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.


De Nora India Net Current Asset Value Related Terms

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


De Nora India (NSE:DENORA) Business Description

Traded in Other Exchanges
Address
Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd manufactures and sells electrolytic products in India. It is recognized as a supplier of technologies for the production of chlorine, caustic soda, and derivatives for the chlor-alkali industry as well as the worldwide manufacturer and recoater of noble metal-coated electrodes, electrolyzers, coating solutions for the electrochemical industry in general. The company's operating segment includes Electrode Technologies, which generates the majority of revenue, and Water Technologies. Geographically, it derives a majority of its revenue from India. The company serves various markets, such as agriculture and livestock, chlorine and caustic industry, bleaching chemicals, corrosion prevention, electronics, energy, food industry, marine, and others.

De Nora India (NSE:DENORA) Headlines

No Headlines