What is Rave Restaurant Group 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).
Rave Restaurant Group's net current asset value per share for the quarter that ended in Mar. 2024 was $0.35.
The historical rank and industry rank for Rave Restaurant Group's Net Current Asset Value or its related term are showing as below:
RAVE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.89 Med: 12.96 Max: 61.5
Current: 5.29
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rave Restaurant Group was 61.50. The lowest was 3.89. And the median was 12.96.
RAVE's Price-to-Net-Current-Asset-Value is ranked better than 74.07% of 54
companies
in the Restaurants industry
Industry Median: 10.845
vs RAVE: 5.29
Rave Restaurant Group Net Current Asset Value Historical Data
The historical data trend for Rave Restaurant Group'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.
Rave Restaurant Group Net Current Asset Value Chart
Competitive Comparison of Rave Restaurant Group's Net Current Asset Value
For the Restaurants subindustry, Rave Restaurant Group'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.
Rave Restaurant Group's Price-to-Net-Current-Asset-Value Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Rave Restaurant Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Rave Restaurant Group's Price-to-Net-Current-Asset-Value falls into.
Rave Restaurant Group Net Current Asset Value Calculation
Rave Restaurant Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 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.
Rave Restaurant Group (NAS:RAVE) 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.
Rave Restaurant Group Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of Rave Restaurant Group's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Rave Restaurant Group (Rave Restaurant Group) Business Description
Rave Restaurant Group Inc operates and franchises pizza buffet, delivery/carry-out, and express restaurants. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The company-owned restaurant segment includes sales and operating results for all company-owned restaurants. The Pizza Inn Franchising segment accounts for the company's revenue. Geographically, it generates the majority of the revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RAVE has been successfully added to your 