Net Current Asset Value
Calculate the net current asset value, a conservative liquidation-value metric introduced by Benjamin Graham that represents the total value of a company’s current assets minus all of its liabilities (not just its current liabilities). It approximates what would be left for shareholders if the company were liquidated, paying off every liability using only the current (most liquid) assets and ignoring any value from fixed/non-current assets.
The formula is as follows:
\[\text{Net Current Asset Value} = \text{Total Current Assets} - \text{Total Liabilities}\]Also known as: NCAV. Note that NCAV is related to, but distinct from, the Graham Number (sqrt(22.5 * Earnings per Share * Book Value per Share), see Toolkit.models.get_graham_number) - both are Benjamin Graham value-investing metrics, but NCAV is a liquidation-value estimate while the Graham Number is a fair-value price estimate based on earnings and book value.
Net Current Asset Value in Python or via the MCP
Install the Finance Toolkit with:
pip install financetoolkit -U
Then call get_net_current_asset_value as shown below.
from financetoolkit import Toolkit
toolkit = Toolkit(
["NVDA", "GOOGL", "META"],
api_key="FINANCIAL_MODELING_PREP_KEY",
start_date="2021-01-01",
end_date="2025-12-31",
)
toolkit.ratios.get_net_current_asset_value()
Or, after setting up the Finance Toolkit MCP, ask:
What was the net current asset value of Nvidia, Alphabet and Meta from 2021 to 2025?
Which returns:
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| GOOGL | 8.051e+10 | 5.5675e+10 | 5.2517e+10 | 3.8539e+10 | 2.6022e+10 |
| META | 2.5558e+10 | -4.65e+08 | 8.91e+09 | 6.628e+09 | -4.0056e+10 |
| NVDA | 1.1254e+10 | 3.992e+09 | 2.1595e+10 | 4.7852e+10 | 7.6095e+10 |
Parameters
get_net_current_asset_value accepts the following parameters.
| Parameter | Type | Description | Example |
|---|---|---|---|
rounding | int | None | The number of decimals to round the results to. Defaults to None, which uses the rounding of the Toolkit (4 unless set otherwise). | 2 |
growth | bool | Whether to calculate the growth of the ratios. Defaults to False. | True |
lag | int | list[int] | The lag to use for the growth calculation. Defaults to 1. | 4 |
compound | bool | Whether the growth is the compound annual growth rate over the lag (e.g. lag=5 for the five-year CAGR) instead of the total change. Defaults to False. | False |
standardize | bool | Whether to standardize (Z-Score) the result. When combined with growth=True, standardizes the growth values instead of the raw values. Defaults to False. | True |
trailing | int | The number of periods to sum flows (income and cash flow statement items) over, with balance sheet items averaged over the same number of period ends. E.g. 4 with quarterly data gives the trailing twelve months (TTM) and 3 with annual data a three-year cumulative figure. Defaults to None, which uses single-period flows (per quarter and not annualized with quarterly data). | 4 |