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RLJ Entertainment (RLJ Entertainment) Net Current Asset Value : $-8.59 (As of Jun. 2018)


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What is RLJ 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).

RLJ Entertainment's net current asset value per share for the quarter that ended in Jun. 2018 was $-8.59.

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

RLJE's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 3.46
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

RLJ Entertainment Net Current Asset Value Historical Data

The historical data trend for RLJ Entertainment'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.

RLJ Entertainment Net Current Asset Value Chart

RLJ Entertainment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Current Asset Value
Get a 7-Day Free Trial -7.57 -10.88 -15.65 -12.76 -3.45

RLJ Entertainment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -3.67 -3.88 -3.45 -9.03 -8.59

Competitive Comparison of RLJ Entertainment's Net Current Asset Value

For the Broadcasting subindustry, RLJ 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.


RLJ Entertainment's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RLJ Entertainment's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



RLJ Entertainment Net Current Asset Value Calculation

RLJ Entertainment'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)
=(103.078-132.046-0-19.563)/14.0714
=-3.45

RLJ Entertainment'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)
=(25.041-136.071-0-18.887)/15.1271
=-8.59

* 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.


RLJ Entertainment  (NAS:RLJE) 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.


RLJ Entertainment Net Current Asset Value Related Terms

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RLJ Entertainment (RLJ Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
RLJ Entertainment Inc is a global entertainment content distribution company. It is a film and television licensee focusing on action, thriller, and horror independent feature films. RLJE operates through three segments: The Digital Channels segment, the IP Licensing segment and the Wholesale Distribution segment. It generates a majority of its revenue from the Wholesale Distribution segment.
Executives
H. Van Sinclair director 780 THIRD AVENUE, 15TH FLOOR, NEW YORK NY 10017
Judd Dayton director 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Scott R Royster director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Wolverine Asset Management Llc director 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Wolverine Holdings, L.p. director 175 W. JACKSON BLVD. SUITE 200 CHICAGO IL 60604
Wolverine Trading Partners, Inc. director 175 WEST JACKSON BLVD SUITE 200 CHICAGO IL 60604
Robert Bellick director 175 W. JACKSON BLVD. SUITE 200 CHICAGO IL 60604
Christopher Gust director 175 W. JACKSON BLVD. SUITE 200 CHICAGO IL 60604
Robert L Johnson director, officer: Chairman of the Board C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Morris Goldfarb director C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Charles E Davidson 10 percent owner C/O WEXFORD CAPITAL LP, 777 SOUTH FLAGLER DRIVE, SUITE 602, WEST PALM BEACH FL 33401
Wexford Capital Lp 10 percent owner 777 WEST PUTNAM AVENUE, 1ST FLOOR, GREENWICH CT 06830
Joseph Jacobs 10 percent owner C/O WEXFORD CAPITAL LP, 777 SOUTH FLAGLER DRIVE, SUITE 602 EAST, WEST PALM BEACH FL 33401
Wexford Gp Llc 10 percent owner C/O WEXFORD CAPITAL LP, 777 SOUTH FLAGLER DRIVE, SUITE 602 EAST, WEST PALM BEACH CT 33401
Wexford Spectrum Investors Llc 10 percent owner 411 W PUTNAM AVENUE, GREENWICH CT 06830