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Citrix Systems (Citrix Systems) Net Current Asset Value : $-33.81 (As of Jun. 2022)


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What is Citrix Systems 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).

Citrix Systems's net current asset value per share for the quarter that ended in Jun. 2022 was $-33.81.

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

CTXS's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Citrix Systems Net Current Asset Value Historical Data

The historical data trend for Citrix Systems'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.

Citrix Systems Net Current Asset Value Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.35 -18.94 -15.67 -22.75 -37.72

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -39.62 -38.49 -37.72 -35.96 -33.81

Competitive Comparison of Citrix Systems's Net Current Asset Value

For the Software - Application subindustry, Citrix Systems'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.


Citrix Systems's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Citrix Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Citrix Systems Net Current Asset Value Calculation

Citrix Systems's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1718.985-6428.26-0-0)/124.861
=-37.72

Citrix Systems's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1897.835-6186.743-0-0)/126.838
=-33.81

* 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.


Citrix Systems  (NAS:CTXS) 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.


Citrix Systems Net Current Asset Value Related Terms

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Citrix Systems (Citrix Systems) Business Description

Traded in Other Exchanges
N/A
Address
851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Executives
Jason Alexander Smith officer: EVP & Chief Financial Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth officer: EVP, SaaS Strategy C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall officer: Senior Vice President and CFO 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi officer: EVP, Product Management C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman officer: EVP & CFO C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer officer: EVP, Chief Revenue Officer 45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz officer: EVP & Chief Operating Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan officer: CMO 13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima officer: EVP, Customer Experience C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes officer: SVP & General Counsel 345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough officer: SVP & Chief Product Officer 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson officer: VP & Corporate Controller 9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim officer: EVP & Chief Technology Officer 7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel officer: SVP & Chief People Officer 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304

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