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Pacific Green Technologies (Pacific Green Technologies) Net Current Asset Value : $0.11 (As of Dec. 2023)


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What is Pacific Green 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).

Pacific Green Technologies's net current asset value per share for the quarter that ended in Dec. 2023 was $0.11.

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

PGTK' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.72   Med: 49.38   Max: 95
Current: 3.73

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pacific Green Technologies was 95.00. The lowest was 3.72. And the median was 49.38.

PGTK's Price-to-Net-Current-Asset-Value is ranked better than
56.49% of 2156 companies
in the Industrial Products industry
Industry Median: 4.425 vs PGTK: 3.73

Pacific Green Technologies Net Current Asset Value Historical Data

The historical data trend for Pacific Green 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.

Pacific Green Technologies Net Current Asset Value Chart

Pacific Green Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.14 -0.10 -0.10 -0.59

Pacific Green Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.96 -0.59 -0.08 -0.12 0.11

Competitive Comparison of Pacific Green Technologies's Net Current Asset Value

For the Pollution & Treatment Controls subindustry, Pacific Green 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.


Pacific Green Technologies's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pacific Green Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Pacific Green Technologies Net Current Asset Value Calculation

Pacific Green Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.757-15.751-15.664-0)/47.2207
=-0.59

Pacific Green Technologies'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)
=(25.805-19.175-0.794-0)/52.3457
=0.11

* 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.


Pacific Green Technologies  (OTCPK:PGTK) 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.


Pacific Green Technologies Net Current Asset Value Related Terms

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Pacific Green Technologies (Pacific Green Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 10212, Dover, DE, USA, 19901
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.
Executives
Fresh Air Investments (canada) Ltd. 10 percent owner 409-221 W. ESPLANADE, NORTH VANCOUVER A1 V7M 3J3
Twynam Investments Proprietary Ltd 10 percent owner, other: Chief Financial Officer 226 LIVERPOOL STREET, DARLINGHURST, SYDNEY C3 2010
Richard Fraser-smith officer: Chief Financial Officer 7 NIGHTINGALE ROAD, HAMPTON, MIDDLESEX X0 TW12 3HU
Pacific Green Group Ltd 10 percent owner BISON COURT, ROAD TOWN, TORTOLA D8 0000
Alexander Shead director 10/50 BERRY STREET, NORTH SYDNEY NSW C3 0000
Chris Williams director 335A THORPE ROAD, PETERBOROUGH CAMBS X0 PE3 6LU
Andrew Jolly director SOPHIA HOUSE, 28 CATHEDRAL ROAD, CARDIFF X0 CF911 9LJ
Neil Carmichael director 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129
Jordan Starkman director, officer: President/Secretary/Treasurer 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129