The total sample size was 645 net
current asset selections.
Not exact matches
His net - net
selection criterion was buying stocks trading as low as 2/3 of their net
current asset value (NCAV).
The net
current assets investment
selection criterion calls for the purchase of stocks which are priced at 66 % or less of a company's underlying
current assets (cash, receivables and inventory) net of all liabilities and claims senior to a company's common stock (
current liabilities, long - term debt, preferred stock, unfunded pension liabilities).
Graham used the net
current asset investment
selection technique extensively in the operations of his investment management business, Graham - Newman Corporation, through 1956.
The net
current asset value approach is the oldest approach to investment in groups of securities with common
selection characteristics of which we are aware.