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Alaska Communications Systems Group (Alaska Communications Systems Group) Net Current Asset Value : $-5.92 (As of Mar. 2021)


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What is Alaska Communications Systems 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).

Alaska Communications Systems Group's net current asset value per share for the quarter that ended in Mar. 2021 was $-5.92.

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

ALSK's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.19
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Alaska Communications Systems Group Net Current Asset Value Historical Data

The historical data trend for Alaska Communications Systems 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.

Alaska Communications Systems Group Net Current Asset Value Chart

Alaska Communications Systems Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 -4.33 -4.15 -5.71 -6.07

Alaska Communications Systems Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -5.66 -5.74 -5.82 -6.07 -5.92

Competitive Comparison of Alaska Communications Systems Group's Net Current Asset Value

For the Telecom Services subindustry, Alaska Communications Systems 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.


Alaska Communications Systems Group's Price-to-Net-Current-Asset-Value Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Alaska Communications Systems Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Alaska Communications Systems Group Net Current Asset Value Calculation

Alaska Communications Systems Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(A: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(77.325-403.513-0.763-0)/53.875
=-6.07

Alaska Communications Systems Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2021 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(80.468-400.893-0.741-0)/54.274
=-5.92

* 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.


Alaska Communications Systems Group  (NAS:ALSK) 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.


Alaska Communications Systems Group Net Current Asset Value Related Terms

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Alaska Communications Systems Group (Alaska Communications Systems Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Telephone Avenue, Anchorage, AK, USA, 99503-6091
Alaska Communications Systems Group Inc is a US-based fiber broadband and managed information technology services provider. The company is focused primarily on business and wholesale customers in and out of Alaska. It provides local, long-distance, and wireless telephone services, Internet access, and data services to residential and business customers.
Executives
Peter D Ley director C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE, MS#65 ANCHORAGE AK 99503
Leonard Steinberg officer: SVP, Legal/Reg/Gov & Corp Sec.
Debra Morse officer: Vice President, HR C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Jim Gutcher officer: VP, Strategy and Product Mgt. C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Beth Barnes officer: VP, Mass Markets and Marketing C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Tiffany Hoogerhyde officer: VP, Finance & Controller C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Sean Lindamood officer: VP, Business Sales C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Richard Benken officer: VP Network Strategy C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE ANCHORAGE AK 99503
Aurora David officer: VP, Information Technology C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Diedre Williams officer: SVP, Operations C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Laurie Butcher officer: Chief Financial Officer 600 TELEPHONE AVENUE ANCHORAGE AK 99503
William H Bishop officer: President and CEO 600 TELEPHONE AVE. MS #65 ANCHORAGE AK 99503
Brian A Ross director 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Peter D Aquino director MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028

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