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Comarco (Comarco) Net Current Asset Value : $-0.02 (As of Oct. 2017)


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What is Comarco 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).

Comarco's net current asset value per share for the quarter that ended in Oct. 2017 was $-0.02.

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

CMRO's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 4.24
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Comarco Net Current Asset Value Historical Data

The historical data trend for Comarco'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.

Comarco Net Current Asset Value Chart

Comarco Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.91 -0.53 0.04 -0.05 0.02

Comarco Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 0.04 0.02 - -0.01 -0.02

Competitive Comparison of Comarco's Net Current Asset Value

For the Communication Equipment subindustry, Comarco'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.


Comarco's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

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

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



Comarco Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Jan. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.632-0.395-0-0)/14.6142
=0.02

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

Net Current Asset Value Per Share(Q: Oct. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.607-0.968-0-0)/14.6142
=-0.02

* 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.


Comarco  (OTCPK:CMRO) 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.


Comarco Net Current Asset Value Related Terms

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Comarco (Comarco) Business Description

Industry
Traded in Other Exchanges
N/A
Address
28202 Cabot Road, Suite 300, Laguna Niguel, CA, USA, 92677
Comarco Inc through its subsidiaries is engaged in developing numerous technologies in the field of power adapters and chargers for portable mobile devices such as laptop computers, tablets smartphones and more. The company is focused on realizing value from its ongoing intellectual property enforcement actions and other litigation. In addition, it also explores for opportunities to expand, protect, and monetize its patent portfolio, through the sale or licensing of the patent portfolio.
Executives
Neal C Bradsher 10 percent owner
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Broadwood Capital Inc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Lou Silverman director
Michael H. Mulroy director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92807
Alisha Charlton officer: VP, Chief Accounting Officer 25541 COMMERCENTRE DRIVE, LAKE FOREST CA 92630
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Robert J Majteles director
Van Der Kaay Erik director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Don M Bailey director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92607
Stadium Capital Partners L P other: former 10% owner 199 ELM STREET, NEW CANAAN CT 06840

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