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iMining Technologies (FRA:P1A) Net Current Asset Value : €0.01 (As of Feb. 2022)


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What is iMining Technologies 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).

iMining Technologies's net current asset value per share for the quarter that ended in Feb. 2022 was €0.01.

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

FRA:P1A's Price-to-Net-Current-Asset-Value is not ranked *
in the Capital Markets industry.
Industry Median: 2.9
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

iMining Technologies Net Current Asset Value Historical Data

The historical data trend for iMining Technologies'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.

iMining Technologies Net Current Asset Value Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.03 - -0.02 0.03

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 - 0.03 0.03 0.02 0.01

Competitive Comparison of iMining Technologies's Net Current Asset Value

For the Capital Markets subindustry, iMining Technologies'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.


iMining Technologies's Price-to-Net-Current-Asset-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



iMining Technologies Net Current Asset Value Calculation

iMining Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2021 is calculated as

Net Current Asset Value Per Share(A: May. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.091-0.171-0-0)/28.1454
=0.03

iMining Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2022 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.636-0.181-0-0)/33.2454
=0.01

* 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.


iMining Technologies  (FRA:P1A) 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.


iMining Technologies Net Current Asset Value Related Terms

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iMining Technologies (FRA:P1A) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

iMining Technologies (FRA:P1A) Headlines

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