What is Alexion Pharmaceuticals 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).
Alexion Pharmaceuticals's net current asset value per share for the quarter that ended in Mar. 2021 was $0.99.
The historical rank and industry rank for Alexion Pharmaceuticals's Net Current Asset Value or its related term are showing as below:
ALXN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 155.15 Med: 155.15 Max: 184.34
Current: 184.34
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Alexion Pharmaceuticals was 184.34. The lowest was 155.15. And the median was 155.15.
ALXN's Price-to-Net-Current-Asset-Value is not ranked
in the Biotechnology industry.
Industry Median: 3.835
vs ALXN: 184.34
Alexion Pharmaceuticals Net Current Asset Value Historical Data
The historical data trend for Alexion Pharmaceuticals'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.
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Alexion Pharmaceuticals Net Current Asset Value Chart
Competitive Comparison of Alexion Pharmaceuticals's Net Current Asset Value
For the Biotechnology subindustry, Alexion Pharmaceuticals'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.
Alexion Pharmaceuticals's Price-to-Net-Current-Asset-Value Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Alexion Pharmaceuticals's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Alexion Pharmaceuticals's Price-to-Net-Current-Asset-Value falls into.
Alexion Pharmaceuticals Net Current Asset Value Calculation
Alexion Pharmaceuticals's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
Alexion Pharmaceuticals (NAS:ALXN) 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 Grahams 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.
Alexion Pharmaceuticals Net Current Asset Value Related Terms
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Alexion Pharmaceuticals (Alexion Pharmaceuticals) Business Description
Alexion Pharmaceuticals specializes in developing and marketing drugs for rare, life-threatening medical conditions. Its blockbuster product, Soliris, is approved for paroxysmal nocturnal hemoglobinuria (PNH), atypical hemolytic uremic syndrome (aHUS), generalized myasthenia gravis (gMG), and neuromyelitis optica spectrum disorder (NMOSD). Next-generation Ultomiris is approved in PNH and aHUS. Strensiq and Kanuma target ultrarare metabolic diseases. Alexion's pipeline targets rare diseases with high unmet need in hematology, nephrology, metabolic diseases, neurology, cardiology, and other areas.
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