ACC600 Accounting Fundamentals Management

Added on - 13 Sep 2021

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Market Value against Net Asset
The computation of Market Value against Net Asset has been computed for Super Retail Group
Limited for three year ended June 30 i.e. 2015, 2016, 2017 by using the following formulas:
Net Asset: Total Asset-Total Liabilities
Market Value: No of Shares outstanding Reported in Annual Report * Share Price as on 01 July of
respective year opening
Market Value against Net Asset: Market Value/ Net Asset
The computation has been detailed here-in-below:
Computation of Net Assets for Super Retail Group Limited
Sl NoParticulars201520162017
1Total Asset158310000015695000001558600000
2Total Liabilities817800000835500000804000000
3Net Assets765300000734000000754600000
4No of Shares197030571197177318197240020
5Share Price (1st July)9.148.598.2
6Market Value180085941916937531621617368164
7Market Value against Net Assets235%231%214%
On perusal of the above, it can be inferred that the market value against net asset has been
decreasing over the year symbolising a fall in value of shares in the market over the years from 9.14
to 8.2 on account of negative market expectations with regard to the company. Further, the no of
shares outstanding has seen a rise over the period,
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