GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zebra Technologies Corp (NAS:ZBRA) » Definitions » Net Current Asset Value

Zebra Technologies (Zebra Technologies) Net Current Asset Value : $-50.57 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Zebra Technologies 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).

Zebra Technologies's net current asset value per share for the quarter that ended in Dec. 2023 was $-50.57.

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

ZBRA's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 4.06
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Zebra Technologies Net Current Asset Value Historical Data

The historical data trend for Zebra Technologies'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.

Zebra Technologies Net Current Asset Value Chart

Zebra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.05 -36.62 -28.87 -56.62 -50.57

Zebra Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -56.62 -53.77 -52.81 -51.91 -50.57

Competitive Comparison of Zebra Technologies's Net Current Asset Value

For the Communication Equipment subindustry, Zebra Technologies'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.


Zebra Technologies's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Zebra Technologies's Price-to-Net-Current-Asset-Value falls into.



Zebra Technologies Net Current Asset Value Calculation

Zebra Technologies'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)
=(1672-4270-0-0)/51.3789
=-50.57

Zebra Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1672-4270-0-0)/51.3789
=-50.57

* 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.


Zebra Technologies  (NAS:ZBRA) 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.


Zebra Technologies Net Current Asset Value Related Terms

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


Zebra Technologies (Zebra Technologies) Business Description

Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
Executives
Bill Burns officer: SVP, Chief Product & Solutions C/O ZEBRA TECHNOLOGIES CORPORATION, 1 ZEBRA PLAZA, HOLTSVILLE NY 11742-1300
Nathan Andrew Winters officer: Acting Chief Financial Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard Edward Hudson officer: Chief Revenue Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Frank Blaise Modruson director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard L Keyser director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Anders Gustafsson director, officer: Chief Executive Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Satish Dhanasekaran director 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Armstrong Robert John Jr officer: Chief Marketing Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Joseph Ramsey White officer: Chief Product & Solutions C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Michael Cho officer: SVP, Corporate Development C/O ZEBRA TECHNOLOGIES CORPORATION, LINCOLNSHIRE IL 60069
Tamara Dionne Froese officer: Chief Supply Chain Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Stephen Edgar Williams officer: SVP, Global Supply Chain C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Janice M Roberts director 540 COWPER STREET, SUITE 200, PALO ALTO CA 94301
Michael A Smith director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069