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Vail Resorts (FRA:VAI) Net Current Asset Value : €-106.53 (As of Oct. 2024)


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What is Vail Resorts 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).

Vail Resorts's net current asset value per share for the quarter that ended in Oct. 2024 was €-106.53.

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

FRA:VAI's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Vail Resorts Net Current Asset Value Historical Data

The historical data trend for Vail Resorts'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.

Vail Resorts Net Current Asset Value Chart

Vail Resorts Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.56 -60.92 -71.11 -88.52 -99.95

Vail Resorts Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -99.59 -92.82 -88.53 -99.95 -106.53

Competitive Comparison of Vail Resorts's Net Current Asset Value

For the Resorts & Casinos subindustry, Vail Resorts'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.


Vail Resorts's Price-to-Net-Current-Asset-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Vail Resorts Net Current Asset Value Calculation

Vail Resorts's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2024 is calculated as

Net Current Asset Value Per Share(A: Jul. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(840.275-4296.478-290.38-0)/37.485
=-99.95

Vail Resorts's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2024 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(783.622-4495.369-276.502-0)/37.438
=-106.53

* 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.


Vail Resorts  (FRA:VAI) 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.


Vail Resorts Net Current Asset Value Related Terms

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Vail Resorts Business Description

Traded in Other Exchanges
Address
390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

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