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LifeWatch AG (LifeWatch AG) Net Current Asset Value : $0.08 (As of Dec. 2016)


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What is LifeWatch AG 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).

LifeWatch AG's net current asset value per share for the quarter that ended in Dec. 2016 was $0.08.

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

LFWWF's Price-to-Net-Current-Asset-Value is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 4.88
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

LifeWatch AG Net Current Asset Value Historical Data

The historical data trend for LifeWatch AG'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.

LifeWatch AG Net Current Asset Value Chart

LifeWatch AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.27 -0.04 -2.28 0.08

LifeWatch AG Semi-Annual Data
Dec03 Dec04 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 -0.04 -0.01 -2.28 -2.04 0.08

Competitive Comparison of LifeWatch AG's Net Current Asset Value

For the Medical Devices subindustry, LifeWatch AG'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.


LifeWatch AG's Price-to-Net-Current-Asset-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LifeWatch AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



LifeWatch AG Net Current Asset Value Calculation

LifeWatch AG's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2016 is calculated as

Net Current Asset Value Per Share(A: Dec. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(36.471-35.027-0-0)/18.4647
=0.08

LifeWatch AG's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2016 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(36.471-35.027-0-0)/18.4647
=0.08

* 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.


LifeWatch AG  (OTCPK:LFWWF) 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.


LifeWatch AG Net Current Asset Value Related Terms

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LifeWatch AG (LifeWatch AG) Business Description

Traded in Other Exchanges
N/A
Address
LifeWatch AG is a healthcare services and technology company. The company provides remote wireless diagnostic monitoring services as well as develop and manufacture advanced digital health systems. It offers a comprehensive range of Mobile Cardiac Telemetry (MCT) technologies. LifeWatch also offers services that can help physicians detect and analyze patient symptoms before they turn into serious health problems. The company's reporting segments include Sales of Systems; Mobile Health and Patient Services. It derives most of its revenues from Patient services segment.

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