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CRI Middleware Co (TSE:3698) Net Current Asset Value : 円485.88 (As of Dec. 2023)


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What is CRI Middleware Co 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).

CRI Middleware Co's net current asset value per share for the quarter that ended in Dec. 2023 was 円485.88.

The historical rank and industry rank for CRI Middleware Co's Net Current Asset Value or its related term are showing as below:

TSE:3698' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.61   Med: 5.23   Max: 15.58
Current: 1.64

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of CRI Middleware Co was 15.58. The lowest was 1.61. And the median was 5.23.

TSE:3698's Price-to-Net-Current-Asset-Value is ranked better than
80% of 380 companies
in the Interactive Media industry
Industry Median: 4.095 vs TSE:3698: 1.64

CRI Middleware Co Net Current Asset Value Historical Data

The historical data trend for CRI Middleware Co'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.

CRI Middleware Co Net Current Asset Value Chart

CRI Middleware Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.71 489.49 538.56 457.59 494.77

CRI Middleware Co 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 458.06 474.53 484.46 494.77 485.88

Competitive Comparison of CRI Middleware Co's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, CRI Middleware Co'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.


CRI Middleware Co's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CRI Middleware Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where CRI Middleware Co's Price-to-Net-Current-Asset-Value falls into.



CRI Middleware Co Net Current Asset Value Calculation

CRI Middleware Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(A: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4223.265-1608.578-29.68-0)/5.22467
=494.77

CRI Middleware Co'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)
=(4118.296-1553.159-26.583-0)/5.22467
=485.88

* 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.


CRI Middleware Co  (TSE:3698) 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.


CRI Middleware Co Net Current Asset Value Related Terms

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CRI Middleware Co (TSE:3698) Business Description

Traded in Other Exchanges
N/A
Address
9th floor, Sumitomo Realty & Development Aoyama communication building, 1-chome 7th No. 7, Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.

CRI Middleware Co (TSE:3698) Headlines

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