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CoBiz Financial (CoBiz Financial) Net Current Asset Value : $0.00 (As of Jun. 2018)


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What is CoBiz 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).

CoBiz Financial's net current asset value per share for the quarter that ended in Jun. 2018 was $0.00.

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

COBZ's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 4.16
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

CoBiz Financial Net Current Asset Value Historical Data

The historical data trend for CoBiz 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.

CoBiz Financial Net Current Asset Value Chart

CoBiz Financial Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Current Asset Value
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CoBiz Financial Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of CoBiz Financial's Net Current Asset Value

For the Banks - Regional subindustry, CoBiz 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.


CoBiz Financial's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CoBiz Financial's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



CoBiz Financial Net Current Asset Value Calculation

CoBiz Financial's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net Current Asset Value Per Share(A: Dec. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-3516.988-0-0)/42.2173
=N/A

CoBiz Financial's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2018 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-3535.771-0-0)/42.39
=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.


CoBiz Financial  (NAS:COBZ) 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.


CoBiz Financial Net Current Asset Value Related Terms

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CoBiz Financial (CoBiz Financial) Business Description

Traded in Other Exchanges
N/A
Address
CoBiz Financial Inc is a diversified financial services company. The Company is a commercial banking institution with nine locations in the Denver metropolitan area. Its segments include Commercial Banking, and Fee-Based Lines.
Executives
Steven Bangert director, officer: Chairman/CEO 1600 BROADWAY, #1500, DENVER CO 80202
Troy Dumlao officer: SVP & Chief Accounting Officer 821 17TH STREET, C/O VOXWARE INC, DENVER CO 80229
Mary Beth Vitale director 821 17TH STREET, DENVER CO 80202
Michael G Hutchinson director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Lyne B Andrich officer: EVP, COO, CFO
Richard L Monfort director C/O SUNTRON CORP, 2501 WEST GRANDVIEW ROAD, PHOENIX AZ 85023
Morgan Gust director C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202