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Student Transportation (Student Transportation) Net Current Asset Value : $-3.71 (As of Dec. 2017)


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What is Student Transportation 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).

Student Transportation's net current asset value per share for the quarter that ended in Dec. 2017 was $-3.71.

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

STB's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 3.9
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Student Transportation Net Current Asset Value Historical Data

The historical data trend for Student Transportation'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.

Student Transportation Net Current Asset Value Chart

Student Transportation Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.15 -3.72 -2.69 -3.34 -3.41

Student Transportation Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -3.64 -3.34 -3.41 -3.91 -3.71

Competitive Comparison of Student Transportation's Net Current Asset Value

For the Railroads subindustry, Student Transportation'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.


Student Transportation's Price-to-Net-Current-Asset-Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Student Transportation's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Student Transportation Net Current Asset Value Calculation

Student Transportation's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2017 is calculated as

Net Current Asset Value Per Share(A: Jun. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(105.136-427.361-0-0)/94.6317
=-3.41

Student Transportation's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2017 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(125.275-477.835-0-0)/94.9866
=-3.71

* 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.


Student Transportation  (NAS:STB) 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.


Student Transportation Net Current Asset Value Related Terms

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Student Transportation (Student Transportation) Business Description

Traded in Other Exchanges
N/A
Address
Student Transportation Inc is a Canadian company which provides school transportation and management services to public and private schools in both the United States and Canada. Services provided by the company are managed transportation which covers driver recruiting and training, safety, vehicle maintenance, insurance and routing/scheduling, special needs transportation with specially equipped buses and bus routes to specialized schools, charter services for special events and extracurricular activities, Direct-To-Parent school bus service. The company operates its business in two segments namely transportation segment and an oil and gas segment in US and Canada. The majority of the company's revenue comes from transportation business in the US.

Student Transportation (Student Transportation) Headlines