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DATATRAK International (DATATRAK International) Net Current Asset Value : $-0.75 (As of Jun. 2018)


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What is DATATRAK International 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).

DATATRAK International's net current asset value per share for the quarter that ended in Jun. 2018 was $-0.75.

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

DTRK's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

DATATRAK International Net Current Asset Value Historical Data

The historical data trend for DATATRAK International'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.

DATATRAK International Net Current Asset Value Chart

DATATRAK International Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13 Dec14
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.51 - -1.10 -1.97

DATATRAK International Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec12 Dec13 Sep14 Dec14 Sep15 Mar17 Jun17 Mar18 Jun18
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 -3.48 - - -0.84 -0.75

Competitive Comparison of DATATRAK International's Net Current Asset Value

For the Health Information Services subindustry, DATATRAK International'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.


DATATRAK International's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DATATRAK International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



DATATRAK International Net Current Asset Value Calculation

DATATRAK International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2014 is calculated as

Net Current Asset Value Per Share(A: Dec. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5.325-8.139-0-0)/1.431
=-1.97

DATATRAK International's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2018 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.987-4.704-0-0)/2.29696
=-0.75

* 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.


DATATRAK International  (OTCPK:DTRK) 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.


DATATRAK International Net Current Asset Value Related Terms

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DATATRAK International (DATATRAK International) Business Description

Traded in Other Exchanges
N/A
Address
3690 Orange Place, Suite 375, Beachwood, OH, USA, 44122
DATATRAK International Inc is a technology and services company that delivers eClinical solutions for the clinical trials industry. The services provided by the company include training services, cloud delivery, a learning center, trial design services, and others. The clinical solutions provided by the company include CTMS, EDC and Medical Coding, Risk-Based Monitoring, Randomization, and Medical Imaging Capture, and Training.
Executives
Raymond J. Merk officer: VP of Finance,CFO & Treasurer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Mark J Ratain director 5841 S MARYLAND AVE MC2115, CHICAGO IL 60637
Robert E Flaherty director 377 PLANTATION ST, WORCESTER MA 01605