GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Top Shelf Brands Holdings Corp (OTCPK:DKTS) » Definitions » Net Current Asset Value

Top Shelf Brands Holdings (Top Shelf Brands Holdings) Net Current Asset Value : $0.00 (As of Sep. 2011)


View and export this data going back to 2007. Start your Free Trial

What is Top Shelf Brands Holdings 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).

Top Shelf Brands Holdings's net current asset value per share for the quarter that ended in Sep. 2011 was $0.00.

The historical rank and industry rank for Top Shelf Brands Holdings's Net Current Asset Value or its related term are showing as below:

DKTS's Price-to-Net-Current-Asset-Value is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 5.61
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Top Shelf Brands Holdings Net Current Asset Value Historical Data

The historical data trend for Top Shelf Brands Holdings'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.

Top Shelf Brands Holdings Net Current Asset Value Chart

Top Shelf Brands Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Net Current Asset Value
0.01 -0.33 -0.09 -0.12 -0.03

Top Shelf Brands Holdings Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.04 -0.03 -0.01 - -

Competitive Comparison of Top Shelf Brands Holdings's Net Current Asset Value

For the Beverages - Wineries & Distilleries subindustry, Top Shelf Brands Holdings'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.


Top Shelf Brands Holdings's Price-to-Net-Current-Asset-Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf Brands Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Top Shelf Brands Holdings's Price-to-Net-Current-Asset-Value falls into.



Top Shelf Brands Holdings Net Current Asset Value Calculation

Top Shelf Brands Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2010 is calculated as

Net Current Asset Value Per Share(A: Dec. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.029-6.939-0-0)/261.097
=-0.03

Top Shelf Brands Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2011 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2011 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.148-5.573-0-0)/1357.45
=-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.


Top Shelf Brands Holdings  (OTCPK:DKTS) 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.


Top Shelf Brands Holdings Net Current Asset Value Related Terms

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


Top Shelf Brands Holdings (Top Shelf Brands Holdings) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, Bank of America Center, Suite 3950, Houston, TX, USA, 77002
Top Shelf Brands Holdings Corp is engaged in the business of developing, importing, marketing and supplying branded alcoholic beverage brands and boutique wines. It specializes in the brand creation and strategic identity marketing for its products.

Top Shelf Brands Holdings (Top Shelf Brands Holdings) Headlines

No Headlines