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Origen Financial (Origen Financial) Net Current Asset Value : $0.00 (As of Dec. 2008)


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What is Origen Financial 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).

Origen Financial's net current asset value per share for the quarter that ended in Dec. 2008 was $0.00.

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

ORGN's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Origen Financial Net Current Asset Value Historical Data

The historical data trend for Origen Financial'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.

Origen Financial Net Current Asset Value Chart

Origen Financial Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Current Asset Value
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Origen Financial Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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Competitive Comparison of Origen Financial's Net Current Asset Value

For the REIT - Mortgage subindustry, Origen Financial'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.


Origen Financial's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Origen Financial's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Origen Financial Net Current Asset Value Calculation

Origen Financial's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2008 is calculated as

Net Current Asset Value Per Share(A: Dec. 2008 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-887.338-0-0.125)/25.9261
=N/A

Origen Financial's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2008 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2008 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-887.338-0-0.125)/25.9261
=N/A

* 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.


Origen Financial  (OTCPK:ORGN) 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.


Origen Financial Net Current Asset Value Related Terms

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Origen Financial (Origen Financial) Business Description

Traded in Other Exchanges
N/A
Address
27777 Franklin Road, Suite 1700, Southfield, MI, USA, 48034
Origen Financial Inc is an internally-managed and internally-advised Delaware corporation that is taxed as a real estate investment trust. It is a national consumer manufactured housing lender and servicer.

Origen Financial (Origen Financial) Headlines

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