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Bluegreen Vacations (Bluegreen Vacations) Net Current Asset Value : $1.81 (As of Dec. 2020)


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What is Bluegreen Vacations 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).

Bluegreen Vacations's net current asset value per share for the quarter that ended in Dec. 2020 was $1.81.

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

BXG's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.12
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Bluegreen Vacations Net Current Asset Value Historical Data

The historical data trend for Bluegreen Vacations'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.

Bluegreen Vacations Net Current Asset Value Chart

Bluegreen Vacations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 3.40 3.62 3.15 1.81

Bluegreen Vacations Quarterly Data
Dec12 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 3.15 2.94 2.87 1.87 1.81

Competitive Comparison of Bluegreen Vacations's Net Current Asset Value

For the Resorts & Casinos subindustry, Bluegreen Vacations'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.


Bluegreen Vacations's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Bluegreen Vacations Net Current Asset Value Calculation

Bluegreen Vacations's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(A: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1036.565-853.658-52.026-0)/72.4843
=1.81

Bluegreen Vacations's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1036.565-853.658-52.026-0)/72.4843
=1.81

* 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.


Bluegreen Vacations  (NYSE:BXG) 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.


Bluegreen Vacations Net Current Asset Value Related Terms

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Bluegreen Vacations (Bluegreen Vacations) Business Description

Traded in Other Exchanges
N/A
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly-owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners, and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
Executives
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Shawn B Pearson officer: Former Dir, President, and CEO 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431
Raymond Scott Lopez officer: EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Anthony M Puleo officer: Former EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431
Susan Saturday officer: EVP, Chief Admin Officer 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445
Famous P Rhodes officer: Former EVP and CMO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
David L Pontius other: Former EVP and COO 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431
De La Osa Jorge officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Justin Taylor officer: EVP and Chief HR Officer 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431
Ahmad M Wardak officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Woodbridge Holdings, Llc 10 percent owner 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309
Bbx Capital Corp 10 percent owner P.O. BOX 39000 FORT LAUDERDALE FL 33303
John E Abdo director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303