What is Medi Assist Healthcare Services 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).
The historical rank and industry rank for Medi Assist Healthcare Services's Net Current Asset Value or its related term are showing as below:
NSE:MEDIASSIST'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 35.23 Med: 35.91 Max: 36
Current: 35.23
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Medi Assist Healthcare Services was 36.00. The lowest was 35.23. And the median was 35.91.
NSE:MEDIASSIST's Price-to-Net-Current-Asset-Value is ranked worse than 88.89% of 9
companies
in the Healthcare Plans industry
Industry Median: 2.83
vs NSE:MEDIASSIST: 35.23
Medi Assist Healthcare Services Net Current Asset Value Historical Data
* 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.
Medi Assist Healthcare Services Net Current Asset Value Chart
Competitive Comparison of Medi Assist Healthcare Services's Net Current Asset Value
For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.
Medi Assist Healthcare Services's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Medi Assist Healthcare Services's Price-to-Net-Current-Asset-Value falls into.
Medi Assist Healthcare Services Net Current Asset Value Calculation
Medi Assist Healthcare Services's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Medi Assist Healthcare Services (NSE:MEDIASSIST) 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 Grahams 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.
Medi Assist Healthcare Services Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Medi Assist Healthcare Services's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description
Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.
Medi Assist Healthcare Services (NSE:MEDIASSIST) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:MEDIASSIST has been successfully added to your