GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Overseas Group Ltd (OTCPK:AOREF) » Definitions » Net Current Asset Value

American Overseas Group (American Overseas Group) Net Current Asset Value : $0.00 (As of Jun. 2009)


View and export this data going back to 2006. Start your Free Trial

What is American Overseas Group 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).

American Overseas Group's net current asset value per share for the quarter that ended in Jun. 2009 was $0.00.

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

AOREF's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 4.8
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

American Overseas Group Net Current Asset Value Historical Data

The historical data trend for American Overseas Group'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.

American Overseas Group Net Current Asset Value Chart

American Overseas Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net Current Asset Value
Get a 7-Day Free Trial - - - - -

American Overseas Group Quarterly Data
Dec03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 - - - - -

Competitive Comparison of American Overseas Group's Net Current Asset Value

For the Insurance - Reinsurance subindustry, American Overseas Group'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.


American Overseas Group's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Overseas Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where American Overseas Group's Price-to-Net-Current-Asset-Value falls into.



American Overseas Group Net Current Asset Value Calculation

American Overseas Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2008 is calculated as

Net Current Asset Value Per Share(A: Dec. 2008 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-484.924-0-0)/0.02725
=N/A

American Overseas Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2009 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2009 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-425.382-8.114-0)/0.02635
=N/A

* 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.


American Overseas Group  (OTCPK:AOREF) 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.


American Overseas Group Net Current Asset Value Related Terms

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


American Overseas Group (American Overseas Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11
American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.
Executives
Edward U Gilpin officer: Chief Financial Officer 134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster director 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd director
Cummings Robert F Jr 10 percent owner C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender 10 percent owner 2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee 10 percent owner C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii 10 percent owner 12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden 10 percent owner
Transatlantic Holdings Inc 10 percent owner 80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer 10 percent owner 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby 10 percent owner 535 MADISON AVENUE, NEW YORK NY 10022