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Premier Exhibitions (Premier Exhibitions) Net Current Asset Value : $-5.33 (As of Aug. 2015)


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What is Premier Exhibitions 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).

Premier Exhibitions's net current asset value per share for the quarter that ended in Aug. 2015 was $-5.33.

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

PRXIQ's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.05
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Premier Exhibitions Net Current Asset Value Historical Data

The historical data trend for Premier Exhibitions'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.

Premier Exhibitions Net Current Asset Value Chart

Premier Exhibitions Annual Data
Trend Feb06 Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.80 -1.64 -0.68 -3.73

Premier Exhibitions Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 -1.06 -3.56 -3.73 -4.99 -5.33

Competitive Comparison of Premier Exhibitions's Net Current Asset Value

For the Leisure subindustry, Premier Exhibitions'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.


Premier Exhibitions's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Premier Exhibitions Net Current Asset Value Calculation

Premier Exhibitions's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2015 is calculated as

Net Current Asset Value Per Share(A: Feb. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.534-27.242-1.653-0)/4.91644
=-3.73

Premier Exhibitions's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2015 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7.017-32.212-1.021-0)/4.91722
=-5.33

* 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.


Premier Exhibitions  (OTCPK:PRXIQ) 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.


Premier Exhibitions Net Current Asset Value Related Terms

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Premier Exhibitions (Premier Exhibitions) Business Description

Traded in Other Exchanges
N/A
Address
3045 Kingston Court, Suite I, Peachtree Corners, GA, USA, 30071
Premier Exhibitions Inc is engaged in providing leisure services. It develops and sets up tourism-related exhibitions for the purpose of education and entertainment. The company's exhibitions present opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Its exhibitions are presented in museums, exhibition centers, and other entertainment venues. The company's services include content development, exhibit design, brand development, space planning and detailed fabrication drawings. It also offers merchandising services.
Executives
Alta Fundamental Advisers Llc 10 percent owner 1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Sellers Capital Llc other: See Remarks 311 S WACKER DR STE 925 CHICAGO IL 60606
Sellers Capital Master Fund, Ltd. other: See Remarks C/O M&C CORPORATE SERVICES, UGLAND HOUSE S. CHURCH ST, PO BOX 309 GT GEORGE TOWN, GRAND CAYMAN E9 CAYMAN
Mark A Sellers other: See Remarks SELLERS CAPITAL 161 N CLARK ST STE 4700 CHICAGO IL 60601
Mingcheng Tao director 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Richard Kraniak director
Mark Mcgowan director C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Bruce David Eskowitz director, officer: President and CEO 202 N. CRESCENT DRIVE #1, BEVERLY HILLS CA 96210
Joseph B Marsh 10 percent owner 605 SURFSIDE DRIVE AKRON OH 44317

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