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Lazydays Holdings (Lazydays Holdings) Net Current Asset Value : $-18.80 (As of Mar. 2024)


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What is Lazydays Holdings 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).

Lazydays Holdings's net current asset value per share for the quarter that ended in Mar. 2024 was $-18.80.

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

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lazydays Holdings was 547.50. The lowest was 98.50. And the median was 175.00.

GORV's Price-to-Net-Current-Asset-Value is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.77
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Lazydays Holdings Net Current Asset Value Historical Data

The historical data trend for Lazydays Holdings'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.

Lazydays Holdings Net Current Asset Value Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial -14.27 -16.25 -8.96 -10.52 -16.63

Lazydays Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.76 -9.42 -14.06 -16.63 -18.80

Competitive Comparison of Lazydays Holdings's Net Current Asset Value

For the Auto & Truck Dealerships subindustry, Lazydays Holdings'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.


Lazydays Holdings's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Lazydays Holdings Net Current Asset Value Calculation

Lazydays Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(546.899-724.552-0-56.193)/14.0648
=-16.63

Lazydays Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(423.691-630.028-0-58.177)/14.073
=-18.80

* 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.


Lazydays Holdings  (NAS:GORV) 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.


Lazydays Holdings Net Current Asset Value Related Terms

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Lazydays Holdings (Lazydays Holdings) Business Description

Traded in Other Exchanges
Address
4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.
Executives
John F North director, officer: Chief Executive Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
Kelly Porter officer: Chief Financial Officer 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Susan Scarola director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Suzanne Tager director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
David Kanen 10 percent owner, other: See Explanation of Responses 6429 NW 65TH WAY, PARKLAND FL 33067
Nicholas J Tomashot officer: Chief Financial Officer C/O LAZYDAYS HOLDINGS, INC., 6130 LAZY DAYS BOULEVARD, SEFFNER FL 33584
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Philotimo Fund, Lp other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025