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ProVen Growth &ome VCT (LSE:PGOO) Net Current Asset Value : £0.00 (As of Feb. 2023)


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What is ProVen Growth &ome VCT 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).

ProVen Growth &ome VCT's net current asset value per share for the quarter that ended in Feb. 2023 was £0.00.

The historical rank and industry rank for ProVen Growth &ome VCT's Net Current Asset Value or its related term are showing as below:

LSE:PGOO's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.28
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

ProVen Growth &ome VCT Net Current Asset Value Historical Data

The historical data trend for ProVen Growth &ome VCT'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.

ProVen Growth &ome VCT Net Current Asset Value Chart

ProVen Growth &ome VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Current Asset Value
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ProVen Growth &ome VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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Competitive Comparison of ProVen Growth &ome VCT's Net Current Asset Value

For the Asset Management subindustry, ProVen Growth &ome VCT'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.


ProVen Growth &ome VCT's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen Growth &ome VCT's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where ProVen Growth &ome VCT's Price-to-Net-Current-Asset-Value falls into.



ProVen Growth &ome VCT Net Current Asset Value Calculation

ProVen Growth &ome VCT's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(A: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-1.005-0-0)/297.414
=N/A

ProVen Growth &ome VCT's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-1.005-0-0)/297.414
=N/A

* 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.


ProVen Growth &ome VCT  (LSE:PGOO) 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.


ProVen Growth &ome VCT Net Current Asset Value Related Terms

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ProVen Growth &ome VCT (LSE:PGOO) Business Description

Traded in Other Exchanges
N/A
Address
39 Earlham Street, London, GBR, WC2H 9LT
ProVen Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare and Business Services.

ProVen Growth &ome VCT (LSE:PGOO) Headlines

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