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Guaranty Bancorp (Guaranty Bancorp) Net Current Asset Value : $0.00 (As of Sep. 2018)


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What is Guaranty Bancorp 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).

Guaranty Bancorp's net current asset value per share for the quarter that ended in Sep. 2018 was $0.00.

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

GBNK's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 4.01
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Guaranty Bancorp Net Current Asset Value Historical Data

The historical data trend for Guaranty Bancorp'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.

Guaranty Bancorp Net Current Asset Value Chart

Guaranty Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Current Asset Value
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Guaranty Bancorp Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Guaranty Bancorp's Net Current Asset Value

For the Banks - Regional subindustry, Guaranty Bancorp'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.


Guaranty Bancorp's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guaranty Bancorp's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Guaranty Bancorp Net Current Asset Value Calculation

Guaranty Bancorp's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net Current Asset Value Per Share(A: Dec. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-3293.991-0-0)/29.2223
=N/A

Guaranty Bancorp's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-3382.288-0-0)/29.3035
=N/A

* 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.


Guaranty Bancorp  (NAS:GBNK) 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.


Guaranty Bancorp Net Current Asset Value Related Terms

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Guaranty Bancorp (Guaranty Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Guaranty Bancorp is a bank holding company providing banking and other financial services throughout Colorado market to consumers and to small and medium-sized businesses, including the owners and employees of those businesses.
Executives
Suzanne R Brennan director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
W Kirk Wycoff director PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Eggemeyer John M Iii director PO BOX 1329, RANCHO SANTA FE CA 92067
Christopher G Treece officer: EVP, CFO & Secretary 1331 17TH STREET, SUITE 200, DENVER CO 80202
Paul W Taylor director, officer: President & CEO 1331 SEVENTEENTH STREET,, SUITE 200, DENVER CO 80202
Michael B Hobbs officer: President, Guaranty Bank 1331 17TH STREET, SUITE 200, DENVER CO 80202
Albert C Yates director C/O COLORADO STATE UNIVERSITY, LAUREL HALL, ROOM 12, FORT COLLINS CO 80523
Ralph V Whitworth 10 percent owner RELATIONAL INVESTORS LLC, 12400 HIGH BLUFF DRIVE, SUITE 600, SAN DIEGO CA 92130
Relational Investors Llc 10 percent owner 12400 HIGH BLUFF DRIVE, SUITE 600, SAN DIEGO CA 92130
William J Ruh 10 percent owner PO BOX 1329, RANCHO SANTA FE CA 92067
James K Simons officer: EVP & CCO 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Kathleen Smythe director 1331 17TH STREET, STE. 300, DENVER CO 80202
Patriot Financial Partners Gp, Lp 10 percent owner FOUR RADNOR CORPORATE CENTER, SUITE 210, 100 MATSONFORD ROAD, RADNOR PA 19087
Patriot Financial Partners Gp, Llc 10 percent owner 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Patriot Financial Partners Parallel, L.p. 10 percent owner 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104