GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GSP Resource Corp (OTCPK:GSRCF) » Definitions » Net Current Asset Value

GSP Resource (GSP Resource) Net Current Asset Value : $0.01 (As of Nov. 2023)


View and export this data going back to 2019. Start your Free Trial

What is GSP Resource 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).

GSP Resource's net current asset value per share for the quarter that ended in Nov. 2023 was $0.01.

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

GSRCF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.2   Med: 9   Max: 15.5
Current: 7

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of GSP Resource was 15.50. The lowest was 3.20. And the median was 9.00.

GSRCF's Price-to-Net-Current-Asset-Value is ranked worse than
72.64% of 1111 companies
in the Metals & Mining industry
Industry Median: 5.14 vs GSRCF: 7.00

GSP Resource Net Current Asset Value Historical Data

The historical data trend for GSP Resource'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.

GSP Resource Net Current Asset Value Chart

GSP Resource Annual Data
Trend May18 May19 May20 May21 May22 May23
Net Current Asset Value
Get a 7-Day Free Trial 0.04 0.03 0.03 0.01 -

GSP Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - 0.01 0.01

Competitive Comparison of GSP Resource's Net Current Asset Value

For the Other Precious Metals & Mining subindustry, GSP Resource'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.


GSP Resource's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GSP Resource's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



GSP Resource Net Current Asset Value Calculation

GSP Resource's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(A: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.156-0.13-0-0)/22.5899
=0.00

GSP Resource's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.29-0.154-0-0)/27.151
=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.


GSP Resource  (OTCPK:GSRCF) 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.


GSP Resource Net Current Asset Value Related Terms

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


GSP Resource (GSP Resource) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, Vancouver, BC, CAN, V7Y 1K4
GSP Resource Corp is a Canada based natural resource company engaged in the acquisition and exploration of mining properties. Its main emphasis is on the exploration of sulphide deposits with gold, platinum and palladium deposits in the Similkameen Mining Division, British Columbia. Its property holding includes Olivine Property.

GSP Resource (GSP Resource) Headlines

No Headlines