GURUFOCUS.COM » STOCK LIST » Technology » Software » Huddlestock Fintech AS (OSL:HUDL) » Definitions » Net Current Asset Value

Huddlestock Fintech AS (OSL:HUDL) Net Current Asset Value : kr-0.45 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Huddlestock Fintech AS 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).

Huddlestock Fintech AS's net current asset value per share for the quarter that ended in Dec. 2023 was kr-0.45.

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

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Huddlestock Fintech AS was 200.00. The lowest was 200.00. And the median was 200.00.

OSL:HUDL's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Huddlestock Fintech AS Net Current Asset Value Historical Data

The historical data trend for Huddlestock Fintech AS'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.

Huddlestock Fintech AS Net Current Asset Value Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
0.10 0.02 -0.07 -0.21 -0.45

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -0.15 -0.21 -0.66 -0.60 -0.45

Competitive Comparison of Huddlestock Fintech AS's Net Current Asset Value

For the Software - Application subindustry, Huddlestock Fintech AS'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.


Huddlestock Fintech AS's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



Huddlestock Fintech AS Net Current Asset Value Calculation

Huddlestock Fintech AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(27.484-108.015-0-0)/180.067
=-0.45

Huddlestock Fintech AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(27.484-108.015-0-0)/180.067
=-0.45

* 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.


Huddlestock Fintech AS  (OSL:HUDL) 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.


Huddlestock Fintech AS Net Current Asset Value Related Terms

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


Huddlestock Fintech AS (OSL:HUDL) Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform. It has two main products: Apex (Custody) and Bedrock (Connectivity).

Huddlestock Fintech AS (OSL:HUDL) Headlines

No Headlines