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Saul Centers (Saul Centers) Net Current Asset Value : $-73.34 (As of Dec. 2023)


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What is Saul Centers 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).

Saul Centers's net current asset value per share for the quarter that ended in Dec. 2023 was $-73.34.

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

BFS's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Saul Centers Net Current Asset Value Historical Data

The historical data trend for Saul Centers'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.

Saul Centers Net Current Asset Value Chart

Saul Centers 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 -58.40 -58.55 -60.97 -64.47 -73.34

Saul Centers 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 -64.47 -66.26 -67.90 -70.18 -73.34

Competitive Comparison of Saul Centers's Net Current Asset Value

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

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

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



Saul Centers Net Current Asset Value Calculation

Saul Centers'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)
=(64.439-1489.708-156.04-185)/24.0829
=-73.34

Saul Centers'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)
=(64.439-1489.708-156.04-185)/24.0829
=-73.34

* 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.


Saul Centers  (NYSE:BFS) 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.


Saul Centers Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Saul Centers's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Saul Centers (Saul Centers) Business Description

Industry
Traded in Other Exchanges
Address
7501 Wisconsin Avenue, Suite 1500E, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates, and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are primarily located in the Washington, D.C. and Maryland metropolitan areas. Saul Centers operates through two business segments: shopping centers, which contribute the maximum portion of total revenue; and mixed-use properties. Major tenants include grocery stores, discount department stores, and drug stores.
Executives
Saul B Francis Ii director, 10 percent owner, officer: Chief Executive Officer 8401 CONNECTICUT AVE, CHEVY CHASE MD 20815
Carlos Lawrence Heard officer: Senior Vice President & CFO 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
David Todd Pearson officer: Executive V.P.-Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20895
Patricia Saul Lotuff director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
John E Chapoton director BROWN INVESTMENT ADVISORY INCORPORATED, 1717 H STREET, NW, FIFTH FLOOR, WASHINGTON DC 20006
H. Gregory Platts director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
Clancy George Patrick Jr director 1100 H ST NW, WASHINGTON DC 20080
Philip D Caraci director
James Page Lansdale officer: Exec. VP - Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Joel Albert Friedman officer: Sr. V.P./Chief Acctng Officer 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Mark Iii Sullivan director 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
John F Collich officer: Sr. VP-Acquisitions & Dev.
Lori Godby officer: Senior Vice Pres.-Residential 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Judith K. Garland officer: SVP, Office and Retail 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Willoughby B. Laycock director, officer: VP-Residential Development 7501 WISCONSIN AVE., SUITE 1400, BETHESDA MD 20814

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