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Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Net Current Asset Value : $-93.39 (As of Oct. 2018)


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What is Dell-VMWare Tracking Stock 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).

Dell-VMWare Tracking Stock's net current asset value per share for the quarter that ended in Oct. 2018 was $-93.39.

The historical rank and industry rank for Dell-VMWare Tracking Stock's Net Current Asset Value or its related term are showing as below:

DVMT's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Dell-VMWare Tracking Stock Net Current Asset Value Historical Data

The historical data trend for Dell-VMWare Tracking Stock'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.

Dell-VMWare Tracking Stock Net Current Asset Value Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
Net Current Asset Value
-58.37 -80.05

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only -77.66 -80.05 -86.86 -91.77 -93.39

Competitive Comparison of Dell-VMWare Tracking Stock's Net Current Asset Value

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock'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.


Dell-VMWare Tracking Stock's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's Price-to-Net-Current-Asset-Value falls into.



Dell-VMWare Tracking Stock Net Current Asset Value Calculation

Dell-VMWare Tracking Stock's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2018 is calculated as

Net Current Asset Value Per Share(A: Jan. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-12846-1408-2477)/209
=-80.05

Dell-VMWare Tracking Stock's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2018 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-13051-2108-3425)/199
=-93.39

* 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.


Dell-VMWare Tracking Stock  (NYSE:DVMT) 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.


Dell-VMWare Tracking Stock Net Current Asset Value Related Terms

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Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Business Description

Traded in Other Exchanges
N/A
Address
Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.
Executives
Richard J Rothberg officer: General Counsel & Secretary ONE DELL WAY, ROUND ROCK TX 78682
William F Scannell officer: President, Global Sales EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Thomas W Sweet officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Howard D Elias officer: President, Services & Digital C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Ellen Jamison Kullman director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
William D Green director C/O ACCENTURE, 161 N CLARK STREET, CHICAGO IL 60601
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
David W Dorman director CVS HEALTH., ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey W Clarke officer: COO & Vice Chairman C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682
Allison Dew officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Steven H Price officer: Chief Human Resources Officer ONE DELL WAY, ROUND ROCK TX 78682
Karen H Quintos officer: Chief Customer Officer ONE DELL WAY, ROUND ROCK TX 78682
Rory P Read officer: Chief Operating Executive ONE DELL WAY, ROUND ROCK TX 78682
Michael S Dell director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brunilda Rios officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682

Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Headlines

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