GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Quality Online Education Group Inc (OTCPK:QOEG) » Definitions » Net Current Asset Value

Quality Online Education Group (Quality Online Education Group) Net Current Asset Value : $0.00 (As of May. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Quality Online Education Group 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).

Quality Online Education Group's net current asset value per share for the quarter that ended in May. 2023 was $0.00.

The historical rank and industry rank for Quality Online Education Group's Net Current Asset Value or its related term are showing as below:

QOEG's Price-to-Net-Current-Asset-Value is not ranked *
in the Education industry.
Industry Median: 4.795
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Quality Online Education Group Net Current Asset Value Historical Data

The historical data trend for Quality Online Education Group'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.

Quality Online Education Group Net Current Asset Value Chart

Quality Online Education Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Aug13 Aug14 Aug21 Aug22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.13 -0.12 - -

Quality Online Education Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 - - - - -

Competitive Comparison of Quality Online Education Group's Net Current Asset Value

For the Education & Training Services subindustry, Quality Online Education Group'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.


Quality Online Education Group's Price-to-Net-Current-Asset-Value Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Quality Online Education Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Quality Online Education Group's Price-to-Net-Current-Asset-Value falls into.



Quality Online Education Group Net Current Asset Value Calculation

Quality Online Education Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2022 is calculated as

Net Current Asset Value Per Share(A: Aug. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.221-1.966-0-0)/1749.9
=-0.00

Quality Online Education Group's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(Q: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.253-5.37-0-0)/1855.06
=-0.00

* 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.


Quality Online Education Group  (OTCPK:QOEG) 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.


Quality Online Education Group Net Current Asset Value Related Terms

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


Quality Online Education Group (Quality Online Education Group) Business Description

Traded in Other Exchanges
N/A
Address
55 Commerce Valley Dr. West, Thornhill, ON, CAN, L3T7V9
Quality Online Education Group Inc is a e-Learning company that provides comprehensive online English lessons to students in China and expanding to other markets where English education is sought after. The company is a pioneer and industry leader in providing real-time online small group classes. The main business scope of the Group includes K12 English Online education services, courseware development and education-technology platform development. The students achieve noticeable and quantifiable results, by delivery of quality education from passionate team of teachers and teaching assistants, based in North America and the Philippines.
Executives
Amanda Anderson director UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Fu Kei Man Derek director 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yin Yee Tso director, officer: Chief Operating Officer UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Yee Tong 10 percent owner UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Lai Ying Li director, officer: Chairman, CEO, CFO and Sec. UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Shan Tong 10 percent owner UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yiu Kwong Pang director UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR