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CHC Group (CHC Group) Net Current Asset Value : $-1,105.24 (As of Oct. 2016)


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What is CHC 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).

CHC Group's net current asset value per share for the quarter that ended in Oct. 2016 was $-1,105.24.

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

HELIQ's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.6
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

CHC Group Net Current Asset Value Historical Data

The historical data trend for CHC 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.

CHC Group Net Current Asset Value Chart

CHC Group Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,035.67 -1,114.74 -604.32 -982.90 -1,141.99

CHC Group Quarterly Data
Apr11 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 -824.55 -857.81 -1,141.99 -1,098.16 -1,105.24

Competitive Comparison of CHC Group's Net Current Asset Value

For the Oil & Gas Equipment & Services subindustry, CHC 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.


CHC Group's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CHC Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



CHC Group Net Current Asset Value Calculation

CHC Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2016 is calculated as

Net Current Asset Value Per Share(A: Apr. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(651.83-3081.854-18.867-643.967)/2.70831
=-1,141.99

CHC Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2016 is calculated as

Net Current Asset Value Per Share(Q: Oct. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(638.484-3639.525-18.343-0)/2.73188
=-1,105.24

* 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.


CHC Group  (OTCPK:HELIQ) 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.


CHC Group Net Current Asset Value Related Terms

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CHC Group (CHC Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
Executives
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
William G. Schrader director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Francis S Kalman director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Lee Eckert officer: SVP and CFO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Amelio J. William director, officer: President and CEO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Michael J Oneill officer: Senior Vice President 1299 PENNSYVLANIA AVE NW, HOWREY SIMON ARNOLD & WHITE, WASHINGTON DC 20004
Peter Bartolotta officer: Chief Operating Officer C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Joan S Hooper officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
John Krenicki director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Nathan K Sleeper director 375 PARK AVENUE, 18TH FLOOR, NEW YORK CITY NY 10152
John Mogford director 25 VICTORIA STREET, LONDON X0 SW1H 0EX
Michael L Summers officer: Senior Vice President C/O CELANESE CORPORATION, 1601 W. LBJ FREEWAY, DALLAS TX 75234
Fr Xi Offshore Gp Ltd director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xii Ltd director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902

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