GURUFOCUS.COM » STOCK LIST » Technology » Software » Enherent Corp (OTCPK:ENHT) » Definitions » Net Current Asset Value

Enherent (Enherent) Net Current Asset Value : $-0.09 (As of Sep. 2010)


View and export this data going back to 1997. Start your Free Trial

What is Enherent 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).

Enherent's net current asset value per share for the quarter that ended in Sep. 2010 was $-0.09.

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

ENHT's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.26
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Enherent Net Current Asset Value Historical Data

The historical data trend for Enherent'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.

Enherent Net Current Asset Value Chart

Enherent Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.12 -0.10 -0.09 -0.09

Enherent Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 -0.09 -0.09 -0.09 -0.09 -0.09

Competitive Comparison of Enherent's Net Current Asset Value

For the Information Technology Services subindustry, Enherent'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.


Enherent's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Enherent's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Enherent Net Current Asset Value Calculation

Enherent's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2009 is calculated as

Net Current Asset Value Per Share(A: Dec. 2009 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.546-6.362-0-0)/52.3756
=-0.09

Enherent's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2010 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2010 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.638-6.58-0-0)/52.3756
=-0.09

* 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.


Enherent  (OTCPK:ENHT) 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.


Enherent Net Current Asset Value Related Terms

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


Enherent (Enherent) Business Description

Traded in Other Exchanges
N/A
Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

Enherent (Enherent) Headlines

No Headlines