What is PT Adaro Energy Indonesia Tbk 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).
PT Adaro Energy Indonesia Tbk's net current asset value per share for the quarter that ended in Dec. 2023 was $0.97.
The historical rank and industry rank for PT Adaro Energy Indonesia Tbk's Net Current Asset Value or its related term are showing as below:
ADOOY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.92 Med: 10.71 Max: 13.5
Current: 9.29
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Adaro Energy Indonesia Tbk was 13.50. The lowest was 7.92. And the median was 10.71.
ADOOY's Price-to-Net-Current-Asset-Value is ranked worse than 56.96% of 79
companies
in the Other Energy Sources industry
Industry Median: 7.31
vs ADOOY: 9.29
PT Adaro Energy Indonesia Tbk Net Current Asset Value Historical Data
* 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.
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PT Adaro Energy Indonesia Tbk Net Current Asset Value Chart
Competitive Comparison of PT Adaro Energy Indonesia Tbk's Net Current Asset Value
For the Thermal Coal subindustry, PT Adaro Energy Indonesia Tbk'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.
PT Adaro Energy Indonesia Tbk's Price-to-Net-Current-Asset-Value Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Adaro Energy Indonesia Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Adaro Energy Indonesia Tbk's Price-to-Net-Current-Asset-Value falls into.
PT Adaro Energy Indonesia Tbk Net Current Asset Value Calculation
PT Adaro Energy Indonesia Tbk's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
PT Adaro Energy Indonesia Tbk (OTCPK:ADOOY) 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 Grahams 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.
PT Adaro Energy Indonesia Tbk Net Current Asset Value Related Terms
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PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Business Description
PT Adaro Energy Indonesia Tbk is an Indonesia-based energy group that focuses on integrated coal mining. The company's primary location is in the Tabalong district in South Kalimantan, where its subsidiary PT Adaro Indonesia operates the single-site coal mine in the southern hemisphere. The company produces thermal coal, which is marketed under the brand name Envirocoal. The company's main customers are blue-chip power utilities, and roughly three-quarters of its coal is produced for foreign customers, with the remainder in Indonesia. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, and power generation. Its segment comprises coal mining and trading, mining services, logistics, and others.
PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Headlines
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