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Rockwell Collins (Rockwell Collins) Net Current Asset Value : $-37.33 (As of Sep. 2018)


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What is Rockwell Collins 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).

Rockwell Collins's net current asset value per share for the quarter that ended in Sep. 2018 was $-37.33.

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

COL's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.475
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Rockwell Collins Net Current Asset Value Historical Data

The historical data trend for Rockwell Collins'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.

Rockwell Collins Net Current Asset Value Chart

Rockwell Collins Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.74 -16.72 -16.37 -44.16 -37.33

Rockwell Collins Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -44.16 -41.93 -39.73 -37.56 -37.33

Competitive Comparison of Rockwell Collins's Net Current Asset Value

For the Aerospace & Defense subindustry, Rockwell Collins'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.


Rockwell Collins's Price-to-Net-Current-Asset-Value Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rockwell Collins's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Rockwell Collins Net Current Asset Value Calculation

Rockwell Collins's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(A: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5778-11912-7-0)/164.5
=-37.33

Rockwell Collins's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5778-11912-7-0)/164.5
=-37.33

* 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.


Rockwell Collins  (NYSE:COL) 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.


Rockwell Collins Net Current Asset Value Related Terms

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Rockwell Collins (Rockwell Collins) Business Description

Traded in Other Exchanges
N/A
Address
Rockwell Collins Inc develops communications and aviation electronics for commercial and military customers worldwide. It employs over 20,000 people. Competencies include communications, navigation, automated flight control, displays, simulation and training, integrated electronics, and information systems. The firm sells to governments, airlines, and aircraft manufacturers, while providing aftermarket services for many of its products. The company recently closed its acquisition of B/E Aerospace, an aircraft seat and cabin manufacturer.
Executives
John A Edwardson director P O BOX 66100-WHQLD, CHICAGO IL 60666
Robert Kelly Ortberg director, officer: Chairman, Pres & CEO 870 WINTER STREET, WALTHAM MA 02451
Patrick E Allen officer: Sr. VP and CFO 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
David Lilley director
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Jeffrey L Turner director SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER, WICHITA KS 67210
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Andrew J Policano director
Robert J Perna officer: Sr. VP, Gnrl Counsel & Secy 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Besong John Paul E officer: Sr. VP, eBusiness 400 COLLINS ROAD NE M/S 124-003, CEDAR RAPIDS IA 52498001
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Donald R Beall director 5 SAN JOAQUIN PLAZA, SUITE 320, NEWPORT BEACH CA 92660
Toot Joseph F Jr director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498

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