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King Digital Entertainment (King Digital Entertainment) Net Current Asset Value : $2.87 (As of Dec. 2015)


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What is King Digital Entertainment 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).

King Digital Entertainment's net current asset value per share for the quarter that ended in Dec. 2015 was $2.87.

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

KING's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 4.095
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

King Digital Entertainment Net Current Asset Value Historical Data

The historical data trend for King Digital Entertainment'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.

King Digital Entertainment Net Current Asset Value Chart

King Digital Entertainment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15
Net Current Asset Value
- 0.06 0.60 2.56 2.87

King Digital Entertainment Quarterly Data
Dec11 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 2.56 1.62 2.00 2.57 2.87

Competitive Comparison of King Digital Entertainment's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, King Digital Entertainment'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.


King Digital Entertainment's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, King Digital Entertainment's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where King Digital Entertainment's Price-to-Net-Current-Asset-Value falls into.



King Digital Entertainment Net Current Asset Value Calculation

King Digital Entertainment's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2015 is calculated as

Net Current Asset Value Per Share(A: Dec. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1304.92-398.983-0-0)/315.941
=2.87

King Digital Entertainment's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2015 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1304.92-398.983-0-0)/315.941
=2.87

* 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.


King Digital Entertainment  (NYSE:KING) 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.


King Digital Entertainment Net Current Asset Value Related Terms

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King Digital Entertainment (King Digital Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
King Digital Entertainment PLC was originally incorporated as Midasplayer.com Limited in September 2002, a company organized under the laws of England and Wales. It is an interactive entertainment company for the mobile world. The Company provides engaging content to its audience to match mobile lifestyles: anywhere, anytime and on any device. Its games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga. The Company makes its games available for free, while players can purchase virtual items priced relative to the entertainment value they provide. It embeds social features in the content that enhances the player experience. The Company develops and publishes casual games on royalgames.com, its tournament portal and on mobile and social platform. Casual games typically include a puzzle element. The Company's competitors include other game developers and emerging and potential game developers.
Executives
Apax Europe Vi-a Lp 10 percent owner 13-15 VICTORIA ROAD ST PETER PORT GUERNSEY X0 00000
Apax Europe Vi-1 Lp 10 percent owner 13-1 VICTORIA RD ST PETER PORT GY1 3ZD GUERNSEY CHANNEL ISLANDS X0 00000
Apax Europe Vi Gp Lp Inc. 10 percent owner 13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Apax Europe Vi Gp Co. Ltd 10 percent owner 13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Roy Mackenzie director 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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