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GLBZ (Glen Burnie Bancorp) Net Current Asset Value : $0.00 (As of Jun. 2024)


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What is Glen Burnie Bancorp 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).

Glen Burnie Bancorp's net current asset value per share for the quarter that ended in Jun. 2024 was $0.00.

The historical rank and industry rank for Glen Burnie Bancorp's Net Current Asset Value or its related term are showing as below:

GLBZ's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 3.62
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Glen Burnie Bancorp Net Current Asset Value Historical Data

The historical data trend for Glen Burnie Bancorp'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.

Glen Burnie Bancorp Net Current Asset Value Chart

Glen Burnie Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Glen Burnie Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Glen Burnie Bancorp's Net Current Asset Value

For the Banks - Regional subindustry, Glen Burnie Bancorp'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.


Glen Burnie Bancorp's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glen Burnie Bancorp's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Glen Burnie Bancorp's Price-to-Net-Current-Asset-Value falls into.



Glen Burnie Bancorp Net Current Asset Value Calculation

Glen Burnie Bancorp'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)
=(N/A-332.488-0-0)/2.88263
=N/A

Glen Burnie Bancorp's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-338.245-0-0)/2.89365
=N/A

* 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.


Glen Burnie Bancorp  (NAS:GLBZ) 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.


Glen Burnie Bancorp Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Glen Burnie Bancorp's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Glen Burnie Bancorp Business Description

Traded in Other Exchanges
N/A
Address
101 Crain Highway, S.E., Glen Burnie, MD, USA, 21061
Glen Burnie Bancorp is a bank holding company for The Bank of Glen Burnie. It offers retail and commercial banking services such as checking, savings, loans, mobile banking, online banking, wire transfer, ACH services, debit cards, automated teller machines, and safe deposit boxes among others. The bank generates its revenue in the form of interest income. All of the revenues are earned within the United States.
Executives
Mary L Wilcox director 711 MAYO RD, GLEN BURNIE MD 21061
Julie M Mussog director 1105 MIAMI AVENUE, ANNAPOLIS MD 21403
Stanford Hess director 43 RIVER OAKS CIRCLE, BALTIMORE MD 21208
Joan Rumenap director 115 1ST AVENUE, SW, GLEN BURNIE MD 21061
Harrison Norman E Jr director 1 BARNABY COURT, TIMONIUM MD 21093
John D. Long director, officer: Executive Vice President 101 CRANE HIGHWAY, S.E., GLEN BURNIE MD 21061
Edward L Maddox director 323 ARBOR OAKS CT., MILLERSVILLE MD 21108
John Melvin Wright officer: CFO 1301 MERRITT BOULEVARD, DUNDALK MD 21222
Kuethe F William Jr director, officer: President 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
John E Demyan director 101 CRAIN HWY SE, GLEN BURNIE MD 21061
Andrew Cooch director 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
Karen B Thowarth director 201 THIRD AVE SW, GLEN BURNIE MD 21061
Edward B Connelly officer: COO 207 SANFORD AVENUE, CATONSVILLE MD 21228
Scherer William N Sr director 24 CRAIN HIGHWAY SW, GLEN BURNIE MD 21061
Joyce Ann Ohmer officer: Senior Vice President 300 COUNCIL OAK DRIVE, SEVERN MD 21144

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