GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CSS Industries Inc (NYSE:CSS) » Definitions » Net Current Asset Value

CSS Industries (CSS Industries) Net Current Asset Value : $4.83 (As of Dec. 2019)


View and export this data going back to 1985. Start your Free Trial

What is CSS Industries 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).

CSS Industries's net current asset value per share for the quarter that ended in Dec. 2019 was $4.83.

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

CSS's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.505
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

CSS Industries Net Current Asset Value Historical Data

The historical data trend for CSS Industries'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.

CSS Industries Net Current Asset Value Chart

CSS Industries Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.89 19.07 20.63 13.66 9.53

CSS Industries Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 11.24 9.53 2.61 3.45 4.83

Competitive Comparison of CSS Industries's Net Current Asset Value

For the Specialty Retail subindustry, CSS Industries'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.


CSS Industries's Price-to-Net-Current-Asset-Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSS Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



CSS Industries Net Current Asset Value Calculation

CSS Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2019 is calculated as

Net Current Asset Value Per Share(A: Mar. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(179.865-95.664-0-0)/8.83724
=9.53

CSS Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(194.352-151.434-0-0)/8.88029
=4.83

* 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.


CSS Industries  (NYSE:CSS) 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.


CSS Industries Net Current Asset Value Related Terms

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


CSS Industries (CSS Industries) Business Description

Traded in Other Exchanges
N/A
Address
450 Plymouth Road, Suite 300, Plymouth Meeting, PA, USA, 19462
CSS Industries Inc is a consumer products company. It is focused on the seasonal, gift and craft categories. The company engages in the creative development, manufacture, procurement, distribution, and sale of products with an omni-channel approach focused primarily on mass market retailers.
Executives
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Robert E Chappell director C/O GLATFELTER, 96 S GEORGE ST STE 420, YORK PA 17401
Keith W Pfeil officer: Exec. VP and CFO GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Steven W Eck officer: VP - Finance and Accounting C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Scott A Beaumont director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
James E Ksansnak director ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107

CSS Industries (CSS Industries) Headlines

From GuruFocus

CSS Industries – A Gift Wrapped Opportunity?

By Nathan Tedford Nathan Tedford 06-07-2011

CSS Industries Inc. (CSS) Chairman Jack Farber sells 2,405 Shares

By GuruFocus Research GuruFocus Editor 05-19-2010

CSS Industries Inc. (CSS) Chairman Jack Farber sells 4,500 Shares

By GuruFocus Research GuruFocus Editor 05-03-2010

Making Paper

By Michael Hamlett Jr Michael Hamlett Jr 08-22-2014

CSS Industries Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 02-03-2010