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Imagination Technologies Group (Imagination Technologies Group) Net Current Asset Value : $-0.34 (As of Apr. 2017)


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What is Imagination Technologies Group 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).

Imagination Technologies Group's net current asset value per share for the quarter that ended in Apr. 2017 was $-0.34.

The historical rank and industry rank for Imagination Technologies Group'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 Imagination Technologies Group was 425.00. The lowest was 0.00. And the median was 12.67.

IMGTY's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 6.005
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Imagination Technologies Group Net Current Asset Value Historical Data

The historical data trend for Imagination Technologies Group'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.

Imagination Technologies Group Net Current Asset Value Chart

Imagination Technologies Group Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.03 -0.01 -0.58 -0.34

Imagination Technologies Group Semi-Annual Data
Mar07 Sep07 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17
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 -0.01 -0.22 -0.58 -0.42 -0.34

Competitive Comparison of Imagination Technologies Group's Net Current Asset Value

For the Semiconductor Equipment & Materials subindustry, Imagination Technologies Group'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.


Imagination Technologies Group's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Imagination Technologies Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Imagination Technologies Group Net Current Asset Value Calculation

Imagination Technologies Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2017 is calculated as

Net Current Asset Value Per Share(A: Apr. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(98.805-147.354-0-0)/141.97
=-0.34

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

Net Current Asset Value Per Share(Q: Apr. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(98.805-147.354-0-0)/141.97
=-0.34

* 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.


Imagination Technologies Group  (OTCPK:IMGTY) 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.


Imagination Technologies Group Net Current Asset Value Related Terms

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Imagination Technologies Group (Imagination Technologies Group) Business Description

Traded in Other Exchanges
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Address
Imagination Technologies Group PLC is a United Kingdom-based company that is principally engaged in creating and licensing processor solutions, which consist of graphics, video and vision processing, general purpose and embedded processing, multistandard communications, cloud connectivity, and other solutions. The company's technology is applied in a broad range of markets, including mobile phones, mobile computing, home electronics, handheld multimedia, automotive, networking, wearables, and Internet of Things products. It has a worldwide network of licensees, including semiconductor manufacturers, network operators, and OEM/ODMs. It has a business presence in many countries, including China, France, Germany, Israel, Italy, Japan, South Korea, Taiwan, the U.K., and the United States.

Imagination Technologies Group (Imagination Technologies Group) Headlines

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