GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp IV (OTCPK:NSTD) » Definitions » Net Current Asset Value

Northern Star Investment IV (Northern Star Investment IV) Net Current Asset Value : $-1.42 (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Northern Star Investment IV 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).

Northern Star Investment IV's net current asset value per share for the quarter that ended in Jun. 2023 was $-1.42.

The historical rank and industry rank for Northern Star Investment IV's Net Current Asset Value or its related term are showing as below:

NSTD's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Northern Star Investment IV Net Current Asset Value Historical Data

The historical data trend for Northern Star Investment IV'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.

Northern Star Investment IV Net Current Asset Value Chart

Northern Star Investment IV Annual Data
Trend Sep21 Sep22
Net Current Asset Value
-0.56 -0.31

Northern Star Investment IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.34 -0.31 -0.29 -26.97 -1.42

Competitive Comparison of Northern Star Investment IV's Net Current Asset Value

For the Shell Companies subindustry, Northern Star Investment IV'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.


Northern Star Investment IV's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Northern Star Investment IV's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Northern Star Investment IV's Price-to-Net-Current-Asset-Value falls into.



Northern Star Investment IV Net Current Asset Value Calculation

Northern Star Investment IV's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(A: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.233-15.794-0-0)/50
=-0.31

Northern Star Investment IV'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)
=(0.119-20.26-0-0)/14.2129
=-1.42

* 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.


Northern Star Investment IV  (OTCPK:NSTD) 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.


Northern Star Investment IV Net Current Asset Value Related Terms

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


Northern Star Investment IV (Northern Star Investment IV) Business Description

Traded in Other Exchanges
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 442020th Floor, New York, NY, USA, 10174
Northern Star Investment Corp IV is a blank check company.
Executives
Emily White director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Kristen Green director 1617 SIXTH AVE, SEATTLE WA 98101
Jonathan J Ledecky director, 10 percent owner, officer: President and COO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles director, 10 percent owner, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Jonathan Mildenhall director C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Northern Star Iv Sponsor Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174

Northern Star Investment IV (Northern Star Investment IV) Headlines