What is World Wrestling 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).
World Wrestling Entertainment's net current asset value per share for the quarter that ended in Jun. 2023 was $1.76.
The historical rank and industry rank for World Wrestling Entertainment's Net Current Asset Value or its related term are showing as below:
WWE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.42 Med: 63.3 Max: 288.25
Current: 57.19
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of World Wrestling Entertainment was 288.25. The lowest was 7.42. And the median was 63.30.
WWE's Price-to-Net-Current-Asset-Value is not ranked
in the Media - Diversified industry.
Industry Median: 3.36
vs WWE: 57.19
World Wrestling Entertainment Net Current Asset Value Historical Data
* 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.
World Wrestling Entertainment Net Current Asset Value Chart
Competitive Comparison of World Wrestling Entertainment's Net Current Asset Value
For the Entertainment subindustry, World Wrestling 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.
World Wrestling Entertainment's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, World Wrestling Entertainment's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where World Wrestling Entertainment's Price-to-Net-Current-Asset-Value falls into.
World Wrestling Entertainment Net Current Asset Value Calculation
World Wrestling Entertainment's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
World Wrestling Entertainment (NYSE:WWE) 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.
World Wrestling Entertainment Net Current Asset Value Related Terms
Thank you for viewing the detailed overview of World Wrestling Entertainment's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
World Wrestling Entertainment (World Wrestling Entertainment) Business Description
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WWE has been successfully added to your 