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Unior Kovaska industrija DD (XLJU:UKIG) Net Current Asset Value : €-25.59 (As of Dec. 2023)


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What is Unior Kovaska industrija DD 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).

Unior Kovaska industrija DD's net current asset value per share for the quarter that ended in Dec. 2023 was €-25.59.

The historical rank and industry rank for Unior Kovaska industrija DD's Net Current Asset Value or its related term are showing as below:

XLJU:UKIG's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.15
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Unior Kovaska industrija DD Net Current Asset Value Historical Data

The historical data trend for Unior Kovaska industrija DD'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.

Unior Kovaska industrija DD Net Current Asset Value Chart

Unior Kovaska industrija DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.93 -21.06 -19.78 -15.92 -25.59

Unior Kovaska industrija DD 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 -15.92 -12.37 -14.56 -16.16 -25.59

Competitive Comparison of Unior Kovaska industrija DD's Net Current Asset Value

For the Metal Fabrication subindustry, Unior Kovaska industrija DD'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.


Unior Kovaska industrija DD's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Unior Kovaska industrija DD's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Unior Kovaska industrija DD's Price-to-Net-Current-Asset-Value falls into.



Unior Kovaska industrija DD Net Current Asset Value Calculation

Unior Kovaska industrija DD'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)
=(151.323-204.336-17.764-0)/2.7653
=-25.59

Unior Kovaska industrija DD'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)
=(151.323-204.336-17.764-0)/2.7653
=-25.59

* 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.


Unior Kovaska industrija DD  (XLJU:UKIG) 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.


Unior Kovaska industrija DD Net Current Asset Value Related Terms

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Unior Kovaska industrija DD (XLJU:UKIG) Business Description

Traded in Other Exchanges
N/A
Address
Kovaska cesta 10, Zrece, SVN, 3214
Unior Kovaska industrija DD is a Slovenia-based company engaged in manufacturing forged parts, hand tools, and machine tools. It has five business segments. The Forge Programme segment develops, forges, sinters, and processes products and assemblies for the automotive industry and other buyers. Through the Hand Tools Programme segment, the company applies updated technological findings in the production of hand tools. The Special Machines Programme segment consists of the development and construction of specific-purpose CNC machine tools which are intended for the treatment of steel and aluminium blanks or blanks of other castings. Its other segments include Joint services and Maintenance. The majority of the revenue is derived from the Forge Programme in international countries.

Unior Kovaska industrija DD (XLJU:UKIG) Headlines

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