* «
Net Capital» means the amount by which
current assets exceed liabilities, less such other items as may be specified in any Guidance Note issued by the Exchange, and in determining
Net Capital:
A good Score (i.e., value of 1) is assigned if the
current ratio
exceeds two, or
net current assets exceed long - term debt, or 10 - year history of positive earnings, or 10 - year history of returning cash to shareholders or EPS are at least a third higher than they were 10 years ago.
Yet, had you focused exclusively on
net nets (Graham's famous approach whereby one only buys stock in companies where the sum of
current assets less all liabilities
exceeds the market value), you would have cashed in 29.4 % annually in the same period.
Net - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading pri
Net -
net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading pri
net asset value: Companies, where the sum of the
current assets (adjusted to reflect liquidation value)
exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as
net - nets if the sum of this calculation exceeds the current market value / trading pri
net -
nets if the sum of this calculation
exceeds the
current market value / trading price.