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Kabel Deutschland Holding AG (HAM:KD8) Net Current Asset Value : €-50.26 (As of Mar. 2021)


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What is Kabel Deutschland Holding AG 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).

Kabel Deutschland Holding AG's net current asset value per share for the quarter that ended in Mar. 2021 was €-50.26.

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

HAM:KD8's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 3.35
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Kabel Deutschland Holding AG Net Current Asset Value Historical Data

The historical data trend for Kabel Deutschland Holding AG'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.

Kabel Deutschland Holding AG Net Current Asset Value Chart

Kabel Deutschland Holding AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.85 -37.15 -36.25 -50.38 -50.26

Kabel Deutschland Holding AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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 -39.85 -37.15 -36.25 -50.38 -50.26

Competitive Comparison of Kabel Deutschland Holding AG's Net Current Asset Value

For the Entertainment subindustry, Kabel Deutschland Holding AG'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.


Kabel Deutschland Holding AG's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland Holding AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kabel Deutschland Holding AG's Price-to-Net-Current-Asset-Value falls into.



Kabel Deutschland Holding AG Net Current Asset Value Calculation

Kabel Deutschland Holding AG's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2021 is calculated as

Net Current Asset Value Per Share(A: Mar. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(229.793-4678.726-0.026-0)/88.5229
=-50.26

Kabel Deutschland Holding AG's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2021 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(229.793-4678.726-0.026-0)/88.5229
=-50.26

* 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.


Kabel Deutschland Holding AG  (HAM:KD8) 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.


Kabel Deutschland Holding AG Net Current Asset Value Related Terms

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Kabel Deutschland Holding AG (HAM:KD8) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland Holding AG (HAM:KD8) Headlines

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