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Integrated Device Technology (Integrated Device Technology) Net Current Asset Value : $-0.96 (As of Dec. 2018)


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What is Integrated Device Technology 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).

Integrated Device Technology's net current asset value per share for the quarter that ended in Dec. 2018 was $-0.96.

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

IDTI's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 5.585
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Integrated Device Technology Net Current Asset Value Historical Data

The historical data trend for Integrated Device Technology'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.

Integrated Device Technology Net Current Asset Value Chart

Integrated Device Technology Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 3.74 0.56 1.13 -0.90

Integrated Device Technology Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.57 -0.90 -0.79 -0.74 -0.96

Competitive Comparison of Integrated Device Technology's Net Current Asset Value

For the Semiconductors subindustry, Integrated Device Technology'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.


Integrated Device Technology's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Integrated Device Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Integrated Device Technology's Price-to-Net-Current-Asset-Value falls into.



Integrated Device Technology Net Current Asset Value Calculation

Integrated Device Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2018 is calculated as

Net Current Asset Value Per Share(A: Mar. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(549.114-665.159-0-0)/129.531
=-0.90

Integrated Device Technology's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(645.279-769.654-0-0)/128.992
=-0.96

* 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.


Integrated Device Technology  (NAS:IDTI) 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.


Integrated Device Technology Net Current Asset Value Related Terms

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Integrated Device Technology (Integrated Device Technology) Business Description

Traded in Other Exchanges
N/A
Address
6024 Silver Creek Valley Road, San Jose, CA, USA, 95138
Integrated Device Technology provides mixed-signal solutions including radio frequency, timing, wireless power transfer, serial switching, interfaces, and sensing. The firm's products are organized into two segments based on end markets: communications; and computing, consumer, and industrial. These products are used for development in 4G infrastructure, network communications, cloud data centers, and power management for mobile devices. Roughly half of the firm's revenue is generated in Hong Kong, with the rest coming from South Korea, Europe, and the Asia-Pacific region.
Executives
S Kenneth Kannappan director 337 ENCINAL ST SANTA CRUZ CA 95060
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Gordon W Parnell director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Brian C White officer: SVP, CHIEF FINANCIAL OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Gregory L Waters officer: President & CEO ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Norman P Taffe director 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Xianzhi Sean Fan officer: Sr Vice President&Corporate GM C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Donald E Schrock director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Tewksbury Ted L Iii director, officer: CHIEF EXECUTIVE OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Kelley Steven-waiss officer: VP HUMAN RESOURCES 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Paul E Rolls officer: SR. VP WORLDWIDE SALES & C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Lewis C Eggebrecht director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138