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FCHPRA.PFD (FelCor Lodging Trust) Net Current Asset Value : $0.00 (As of Jun. 2017)


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What is FelCor Lodging Trust 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).

FelCor Lodging Trust's net current asset value per share for the quarter that ended in Jun. 2017 was $0.00.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of FelCor Lodging Trust was 10.12. The lowest was 0.00. And the median was 5.85.

FCHPRA.PFD's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 6.785
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

FelCor Lodging Trust Net Current Asset Value Historical Data

The historical data trend for FelCor Lodging Trust'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.

FelCor Lodging Trust Net Current Asset Value Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Current Asset Value
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FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of FelCor Lodging Trust's Net Current Asset Value

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust'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.


FelCor Lodging Trust's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FelCor Lodging Trust's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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FelCor Lodging Trust Net Current Asset Value Calculation

FelCor Lodging Trust'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)
=(108.888-1518.292-7.503-309.337)/0
=N/A

FelCor Lodging Trust's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2017 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(126.257-1515.15-51.796-309.337)/0
=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.


FelCor Lodging Trust  (NYSE:FCHPRA.PFD) 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.


FelCor Lodging Trust Net Current Asset Value Related Terms

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FelCor Lodging Trust Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
C Brian Strickland director 420 SOUTH ORANGE AVE, ORLANDO FL 32801
Thomas C Hendrick director 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Jonathan H Yellen officer: Executive VP & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219
Troy A Pentecost officer: Executive Vice President 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
David C Kloeppel director C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
Richard Allen Smith officer: CFO & Executive Vice President 1950 STEMMONS FREEWAY STE 6001, DALLAS TX 75207

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