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CyrusOne (CyrusOne) Net Current Asset Value : $-27.38 (As of Dec. 2021)


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What is CyrusOne 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).

CyrusOne's net current asset value per share for the quarter that ended in Dec. 2021 was $-27.38.

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

CONE's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

CyrusOne Net Current Asset Value Historical Data

The historical data trend for CyrusOne'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.

CyrusOne Net Current Asset Value Chart

CyrusOne Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.54 -28.07 -28.88 -30.83 -27.38

CyrusOne Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -30.83 -29.75 -30.32 -28.53 -27.38

Competitive Comparison of CyrusOne's Net Current Asset Value

For the REIT - Specialty subindustry, CyrusOne'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.


CyrusOne's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CyrusOne's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



CyrusOne Net Current Asset Value Calculation

CyrusOne's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(981.2-4528.3-0-0)/129.555
=-27.38

CyrusOne's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(981.2-4528.3-0-0)/129.555
=-27.38

* 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.


CyrusOne  (NAS:CONE) 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.


CyrusOne Net Current Asset Value Related Terms

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CyrusOne (CyrusOne) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
2850 N. Harwood Street, Suite 2200, Dallas, TX, USA, 75201
CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
Executives
Katherine Motlagh officer: EVP & CFO C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Gamble John W Jr director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
William E Sullivan director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Alex Shumate director 41 S HIGH ST, STE 1300, COLUMBUS OH 43215
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Mark Skomal officer: SVP & Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
David H. Ferdman director, officer: President & CEO 5202 BRAEBURN BELLAIRE TX 77401
John Hatem officer: EVP & COO C/O CYRUSONE 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Robert M Jackson officer: EVP & General Counsel C/O CYRUSONE INC., 2850 N HARWOOD ST STE 2200, DALLAS TX 75201
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Tod Nielsen director C/O VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kevin L Timmons officer: CHIEF TECHNOLOGY OFFICER 20200 MENDELSOHN LANE, SARATOGA CA 95070
Bruce W Duncan director, officer: President & CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Diane M Morefield officer: Chief Financial Officer 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael Klayko director