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RAM Active Media (LSE:RAM) Net Current Asset Value : £-0.04 (As of Dec. 2012)


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What is RAM Active Media 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).

RAM Active Media's net current asset value per share for the quarter that ended in Dec. 2012 was £-0.04.

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

LSE:RAM's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 3.29
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

RAM Active Media Net Current Asset Value Historical Data

The historical data trend for RAM Active Media'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.

RAM Active Media Net Current Asset Value Chart

RAM Active Media Annual Data
Trend May03 May04 May05 May06 May07 May08 Dec09 Dec10 Dec11 Dec12
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -0.10 -0.26 -0.05 -0.04

RAM Active Media Semi-Annual Data
Nov02 May03 Nov03 May04 Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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 -0.22 -0.01 -0.05 -0.03 -0.04

Competitive Comparison of RAM Active Media's Net Current Asset Value

For the Broadcasting subindustry, RAM Active Media'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.


RAM Active Media's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RAM Active Media's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



RAM Active Media Net Current Asset Value Calculation

RAM Active Media's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2012 is calculated as

Net Current Asset Value Per Share(A: Dec. 2012 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.97-2.883-0-0)/49.8212
=-0.04

RAM Active Media's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2012 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2012 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.97-2.883-0-0)/49.8212
=-0.04

* 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.


RAM Active Media  (LSE:RAM) 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.


RAM Active Media Net Current Asset Value Related Terms

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RAM Active Media (LSE:RAM) Business Description

Traded in Other Exchanges
N/A
Address
RAM Active Media PLC is incorporated and domiciled in United Kingdom. The Company and its subsidiaries operate in the passenger information and communications systems and Digital out of Home advertising markets. It focuses on digital communication opportunities within the railway and the shopping mall sector within the UK.

RAM Active Media (LSE:RAM) Headlines