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CSR (LSE:CSR) Net Current Asset Value : £0.98 (As of Dec. 2014)


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What is CSR 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).

CSR's net current asset value per share for the quarter that ended in Dec. 2014 was £0.98.

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

LSE:CSR's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 5.01
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

CSR Net Current Asset Value Historical Data

The historical data trend for CSR'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.

CSR Net Current Asset Value Chart

CSR Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Current Asset Value
Get a 7-Day Free Trial 1.65 0.78 0.82 0.91 0.98

CSR Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.91 0.91 0.85 0.90 0.98

Competitive Comparison of CSR's Net Current Asset Value

For the Semiconductor Equipment & Materials subindustry, CSR'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.


CSR's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

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

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



CSR Net Current Asset Value Calculation

CSR'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)
=(315.755-131.155-0-0)/187.495
=0.98

CSR's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2014 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(315.755-131.155-0-0)/187.495
=0.98

* 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.


CSR  (LSE:CSR) 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.


CSR Net Current Asset Value Related Terms

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CSR Business Description

Industry
Traded in Other Exchanges
N/A
Address
CSR PLC was incorporated and registered in England and Wales on 26 March 2001. The Company is the holding company of an international group of companies. It designs and develops semiconductor integrated circuits, including platforms, and software focused on the five areas in business group namely Automotive Infotainment, Imaging, Voice & Music and the two nascent markets of Bluetooth Smart and Indoor Location. The Company operates in Europe, Asia and USA.