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Goldkart Jewels (NSE:GOLDKART) Net Current Asset Value : ₹12.80 (As of Mar. 2023)


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What is Goldkart Jewels 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).

Goldkart Jewels's net current asset value per share for the quarter that ended in Mar. 2023 was ₹12.80.

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

NSE:GOLDKART' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.96   Med: 1.23   Max: 6.87
Current: 6.87

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Goldkart Jewels was 6.87. The lowest was 0.96. And the median was 1.23.

NSE:GOLDKART's Price-to-Net-Current-Asset-Value is ranked worse than
69.56% of 542 companies
in the Retail - Cyclical industry
Industry Median: 3.44 vs NSE:GOLDKART: 6.87

Goldkart Jewels Net Current Asset Value Historical Data

The historical data trend for Goldkart Jewels'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.

Goldkart Jewels Net Current Asset Value Chart

Goldkart Jewels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial 5.72 12.44 12.54 12.62 12.80

Goldkart Jewels Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.54 12.56 12.62 13.39 12.80

Competitive Comparison of Goldkart Jewels's Net Current Asset Value

For the Luxury Goods subindustry, Goldkart Jewels'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.


Goldkart Jewels's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldkart Jewels's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Goldkart Jewels Net Current Asset Value Calculation

Goldkart Jewels's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(357.874-143.026-0-0)/16.7854
=12.80

Goldkart Jewels's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(357.874-143.026-0-0)/16.7854
=12.80

* 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.


Goldkart Jewels  (NSE:GOLDKART) 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.


Goldkart Jewels Net Current Asset Value Related Terms

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Goldkart Jewels (NSE:GOLDKART) Business Description

Traded in Other Exchanges
N/A
Address
Mansi Cross Road, 7, Millenium Plaza, Opposite Swaminarayan Mandir, Vastrapur, Ahmedabad, GJ, IND, 380015
Goldkart Jewels Ltd is engaged in the trading business of jewellery and ornaments. It offers gold Jewellery, diamond and platinum jewels and a variety of ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Finger Rings, Bracelets, and various other items.

Goldkart Jewels (NSE:GOLDKART) Headlines

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