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Ryman Hospitality Properties (Ryman Hospitality Properties) Net Current Asset Value : $-61.57 (As of Dec. 2023)


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What is Ryman Hospitality Properties 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).

Ryman Hospitality Properties's net current asset value per share for the quarter that ended in Dec. 2023 was $-61.57.

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

RHP's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ryman Hospitality Properties Net Current Asset Value Historical Data

The historical data trend for Ryman Hospitality Properties'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.

Ryman Hospitality Properties Net Current Asset Value Chart

Ryman Hospitality Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.80 -56.57 -58.82 -59.15 -61.57

Ryman Hospitality Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -59.15 -59.91 -62.12 -62.94 -61.57

Competitive Comparison of Ryman Hospitality Properties's Net Current Asset Value

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties'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.


Ryman Hospitality Properties's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

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

* The bar in red indicates where Ryman Hospitality Properties's Price-to-Net-Current-Asset-Value falls into.



Ryman Hospitality Properties Net Current Asset Value Calculation

Ryman Hospitality Properties's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(943.019-4270.634-348.75-0)/59.712
=-61.57

Ryman Hospitality Properties's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(943.019-4270.634-348.75-0)/59.712
=-61.57

* 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.


Ryman Hospitality Properties  (NYSE:RHP) 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.


Ryman Hospitality Properties Net Current Asset Value Related Terms

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Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054

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