GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sheetal Cool Products Ltd (NSE:SCPL) » Definitions » Net Current Asset Value

Sheetal Cool Products (NSE:SCPL) Net Current Asset Value : ₹0.00 (As of Dec. 2023)


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

What is Sheetal Cool Products 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).

Sheetal Cool Products's net current asset value per share for the quarter that ended in Dec. 2023 was ₹0.00.

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

NSE:SCPL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.87   Med: 16.45   Max: 55.16
Current: 8.19

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sheetal Cool Products was 55.16. The lowest was 7.87. And the median was 16.45.

NSE:SCPL's Price-to-Net-Current-Asset-Value is ranked worse than
66.74% of 971 companies
in the Consumer Packaged Goods industry
Industry Median: 4.88 vs NSE:SCPL: 8.19

Sheetal Cool Products Net Current Asset Value Historical Data

The historical data trend for Sheetal Cool Products'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.

Sheetal Cool Products Net Current Asset Value Chart

Sheetal Cool Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.39 -43.11 -12.17 16.56 38.96

Sheetal Cool Products Quarterly Data
Mar15 Mar16 Mar17 Jun17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.48 - 38.96 50.92 -

Competitive Comparison of Sheetal Cool Products's Net Current Asset Value

For the Packaged Foods subindustry, Sheetal Cool Products'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.


Sheetal Cool Products's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sheetal Cool Products's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sheetal Cool Products's Price-to-Net-Current-Asset-Value falls into.



Sheetal Cool Products Net Current Asset Value Calculation

Sheetal Cool Products'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)
=(1739.488-1330.416-0-0)/10.5
=38.96

Sheetal Cool Products'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-N/A-0-0)/10.5
=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.


Sheetal Cool Products  (NSE:SCPL) 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.


Sheetal Cool Products Net Current Asset Value Related Terms

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


Sheetal Cool Products (NSE:SCPL) Business Description

Traded in Other Exchanges
Address
Plot No. 75 to 81, G.I.D.C. Estate, Amreli, GJ, IND, 365601
Sheetal Cool Products Ltd is engaged in the manufacture and sale of ice cream and related products. Its product includes take home; cups; cones; candies; kulfi; cakes and pastries; novelties; and sugar-free. The company has two primary segments namely Milk and Milk Products and Namkeen Products. The majority of the firm's revenue gets derived from the Milk and Milk products segment.