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Linear Technology (Linear Technology) Net Current Asset Value : $6.61 (As of Dec. 2016)


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What is Linear Technology 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).

Linear Technology's net current asset value per share for the quarter that ended in Dec. 2016 was $6.61.

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

LLTC's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 5.585
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Linear Technology Net Current Asset Value Historical Data

The historical data trend for Linear Technology'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.

Linear Technology Net Current Asset Value Chart

Linear Technology Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 2.91 4.35 5.33 6.11

Linear Technology Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 5.64 5.80 6.11 6.33 6.61

Competitive Comparison of Linear Technology's Net Current Asset Value

For the Semiconductors subindustry, Linear Technology'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.


Linear Technology's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

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

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



Linear Technology Net Current Asset Value Calculation

Linear Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2016 is calculated as

Net Current Asset Value Per Share(A: Jun. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1754.73-290.806-0-0)/239.654
=6.11

Linear Technology's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2016 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1902.047-313.669-0-0)/240.439
=6.61

* 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.


Linear Technology  (NAS:LLTC) 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.


Linear Technology Net Current Asset Value Related Terms

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Linear Technology (Linear Technology) Business Description

Traded in Other Exchanges
N/A
Address
Linear Technology designs and manufactures standard high-performance analog integrated circuits for a diverse customer base spanning industrial, automotive, communications, and high-end consumer electronics. The firm offers thousands of analog products to tens of thousands of original equipment manufacturers globally. Most of its products support functions such as power management, data interface, and conversion. International markets account for the lion's share of Linear's revenue.
Executives
Steve Pietkiewicz officer: VP & GM Power Business Unit 1630 MCCARTHY BLVD., MILPITAS CA 95035
Swanson Robert H Jr director, officer: Executive Chair 1630 MCCARTHY BLVD, MILPITAS CA 95035
Lothar Maier director, officer: CEO 1630 MCCARTHY BLVD, MILPITAS CA 95035