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Aamaxan Transport Group (Aamaxan Transport Group) Net Current Asset Value : $0.37 (As of Jun. 2008)


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What is Aamaxan Transport 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).

Aamaxan Transport Group's net current asset value per share for the quarter that ended in Jun. 2008 was $0.37.

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

AAXT's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.985
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Aamaxan Transport Group Net Current Asset Value Historical Data

The historical data trend for Aamaxan Transport 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.

Aamaxan Transport Group Net Current Asset Value Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Net Current Asset Value
-0.07 -0.18

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only - - -0.25 0.26 0.37

Competitive Comparison of Aamaxan Transport Group's Net Current Asset Value

For the Shell Companies subindustry, Aamaxan Transport 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.


Aamaxan Transport Group's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Aamaxan Transport Group Net Current Asset Value Calculation

Aamaxan Transport Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2007 is calculated as

Net Current Asset Value Per Share(A: Jan. 2007 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-0.043-0-0)/0.243
=-0.18

Aamaxan Transport Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2008 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2008 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(23.952-17.823-0.219-0)/15.9918
=0.37

* 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.


Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Net Current Asset Value Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

Aamaxan Transport Group (Aamaxan Transport Group) Headlines

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