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Ecosphere Technologies (Ecosphere Technologies) Net Current Asset Value : $-0.12 (As of Sep. 2017)


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What is Ecosphere Technologies 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).

Ecosphere Technologies's net current asset value per share for the quarter that ended in Sep. 2017 was $-0.12.

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

ESPHQ's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.37
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ecosphere Technologies Net Current Asset Value Historical Data

The historical data trend for Ecosphere Technologies'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.

Ecosphere Technologies Net Current Asset Value Chart

Ecosphere Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.02 -0.04 -0.08 -0.10

Ecosphere Technologies Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.09 -0.10 -0.10 -0.10 -0.12

Competitive Comparison of Ecosphere Technologies's Net Current Asset Value

For the Specialty Industrial Machinery subindustry, Ecosphere Technologies'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.


Ecosphere Technologies's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecosphere Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Ecosphere Technologies Net Current Asset Value Calculation

Ecosphere Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2016 is calculated as

Net Current Asset Value Per Share(A: Dec. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.997-19.111--0.8-0)/173.713
=-0.10

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

Net Current Asset Value Per Share(Q: Sep. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.399-22.234--0.839-0)/181.985
=-0.12

* 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.


Ecosphere Technologies  (OTCPK:ESPHQ) 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.


Ecosphere Technologies Net Current Asset Value Related Terms

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Ecosphere Technologies (Ecosphere Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3515 South East Lionel Terrace, Stuart, FL, USA, 34997
Ecosphere Technologies Inc is a property licensing company. It develops environmental solutions for global water, energy, industrial and agricultural markets. It increases production, reduces costs, and protect the environment through a portfolio of unique, patented technologies. Its patented technologies include technologies like Ozonix, the Ecos PowerCube and the Ecos GrowCube. Ecosphere's technologies and products are available through multiple brands and subsidiaries. Ecosphere is a single segmented company.
Executives
John P Brewster director, officer: CEO/President/Chairman 6106 TEZCUCO COURT, GONZALES LA 70737
Adrian Graham Goldfarb officer: Chief Financial Officer 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Joe M Allbaugh director PO BOX 684784, AUSTIN TX 78768-4784
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

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