Oaktree Capital Group LLC (Oaktree Capital Group LLC) Net Current Asset Value : $-58.39 (As of Sep. 2019)

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What is Oaktree Capital Group LLC 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).

Oaktree Capital Group LLC's net current asset value per share for the quarter that ended in Sep. 2019 was $-58.39.

The historical rank and industry rank for Oaktree Capital Group LLC's Net Current Asset Value or its related term are showing as below:

OAK's Price-to-Net-Current-Asset-Value is not ranked ^*
in the Asset Management industry.
Industry Median: 3.32
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Oaktree Capital Group LLC Net Current Asset Value Historical Data

The historical data trend for Oaktree Capital Group LLC'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.

Oaktree Capital Group LLC Net Current Asset Value Chart

Oaktree Capital Group LLC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Net Current Asset Value

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-312.56

-298.49

-30.81

-42.04

-47.81

Oaktree Capital Group LLC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Net Current Asset Value	Get a 7-Day Free Trial															-43.82	-47.81	-49.03	-49.86	-58.39

Competitive Comparison of Oaktree Capital Group LLC's Net Current Asset Value

For the Asset Management subindustry, Oaktree Capital Group LLC'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.

Oaktree Capital Group LLC's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oaktree Capital Group LLC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Oaktree Capital Group LLC's Price-to-Net-Current-Asset-Value falls into.

Oaktree Capital Group LLC Net Current Asset Value Calculation

Oaktree Capital Group LLC's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

	Net Current Asset Value Per Share		(A: Dec. 2018 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(1925.445	-	7944.461	-	1092.354	-	400.584)	/	157.134
=	-47.81

Oaktree Capital Group LLC's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2019 is calculated as

	Net Current Asset Value Per Share		(Q: Sep. 2019 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(1253.512	-	9609.439	-	564.085	-	400.584)	/	159.631
=	-58.39

Oaktree Capital Group LLC (NYSE:OAK) 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 Grahams 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.

Oaktree Capital Group LLC Net Current Asset Value Related Terms

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Oaktree Capital Group LLC (Oaktree Capital Group LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oaktree Capital Group LLC (NYSE:OAK) » Definitions » Net Current Asset Value

Comparable Companies

Traded in Other Exchanges

OAKpB.PFD:USA OAKpA.PFD:USA

Address

333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071

Website

https://www.oaktreecapital.com

Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.

Executives

Steven J Gilbert	director	540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Justin B. Beber	director	C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY ST., STE. 300, TORONTO A6 M5J 2T3
Bruce Flatt	director	C/O BROOKFIELD ASSET MANAGEMENT INC., 181 BAY STREET, P.O. BOX 762, TORONTO A6 M5J2T3
Bruce A Karsh	director, officer: See Remarks	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Daniel D Levin	officer: See Remarks	333 S. GRAND AVENUE, 28 TH FLOOR, LOS ANGELES CA 90071
Larry W Keele	director	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Wayne G Pierson	director	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Todd E Molz	officer: See Remarks	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Howard S Marks	director, officer: Co-Chairman	C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Sheldon M Stone	director, officer: Principal	C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
David Richard Masson	director	333 S GRAND AVENUE 28TH FL, LOS ANGELES CA 90071
Robert E Denham	director	MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071
John Frank	director, officer: Vice Chairman	C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Jay S Wintrob	director, officer: Chief Executive Officer	333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Marna C Whittington	director	2959 BARLEY MILL ROAD, YORKLYN DE 19736