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Humble & Fume (XCNQ:HMBL) Net Current Asset Value : C$0.05 (As of Jun. 2023)


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What is Humble & Fume 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).

Humble & Fume's net current asset value per share for the quarter that ended in Jun. 2023 was C$0.05.

The historical rank and industry rank for Humble & Fume's Net Current Asset Value or its related term are showing as below:

XCNQ:HMBL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.1   Med: 1.56   Max: 2.25
Current: 0.1

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Humble & Fume was 2.25. The lowest was 0.10. And the median was 1.56.

XCNQ:HMBL's Price-to-Net-Current-Asset-Value is not ranked
in the Tobacco Products industry.
Industry Median: 4.91 vs XCNQ:HMBL: 0.10

Humble & Fume Net Current Asset Value Historical Data

The historical data trend for Humble & Fume'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.

Humble & Fume Net Current Asset Value Chart

Humble & Fume Annual Data
Trend Jul19 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
- -0.03 0.24 0.16 0.05

Humble & Fume Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 0.23 0.16 0.08 0.05 0.05

Competitive Comparison of Humble & Fume's Net Current Asset Value

For the Tobacco subindustry, Humble & Fume'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.


Humble & Fume's Price-to-Net-Current-Asset-Value Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Humble & Fume's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Humble & Fume's Price-to-Net-Current-Asset-Value falls into.



Humble & Fume Net Current Asset Value Calculation

Humble & Fume's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(22.486-12.85-3.658-0)/124.168
=0.05

Humble & Fume's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(22.486-12.85-3.658-0)/124.168
=0.05

* 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.


Humble & Fume  (XCNQ:HMBL) 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.


Humble & Fume Net Current Asset Value Related Terms

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Humble & Fume (XCNQ:HMBL) Business Description

Traded in Other Exchanges
Address
1 Eva Road, Suite 416, Etobicoke, ON, CAN, M9C 4Z5
Humble & Fume Inc is a cannabis distribution solution providing customer-centric services and accessories. It is a fully integrated cannabis distribution solution for retailers, Canadian licensed cannabis producers, American multi-state operators, and cannabis customers. Its products include Amethyst Crystal Pipe, Invincipole Replacement Screens, Replacement Bowl Screens, Invincipole Aluminum & Steel Downstem, MouthPeace Filter Refill Display, MouthPeace Full Kit Display, Unbleached Pure Wood Cones, Blend Unbleached Pure Hemp & Flax Cones among others. The firm operates in the segment in two geographical locations: Canada and the USA of which it generates substantial revenue from the USA.

Humble & Fume (XCNQ:HMBL) Headlines

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