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DatChat (DatChat) Net Current Asset Value : $2.93 (As of Dec. 2023)


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What is DatChat 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).

DatChat's net current asset value per share for the quarter that ended in Dec. 2023 was $2.93.

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

DATS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.41   Med: 0.98   Max: 2.99
Current: 0.46

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of DatChat was 2.99. The lowest was 0.41. And the median was 0.98.

DATS's Price-to-Net-Current-Asset-Value is ranked better than
98.57% of 1683 companies
in the Software industry
Industry Median: 5.33 vs DATS: 0.46

DatChat Net Current Asset Value Historical Data

The historical data trend for DatChat'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.

DatChat Net Current Asset Value Chart

DatChat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
-0.24 0.34 10.13 5.98 2.93

DatChat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.98 5.19 4.47 3.48 2.93

Competitive Comparison of DatChat's Net Current Asset Value

For the Software - Application subindustry, DatChat'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.


DatChat's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



DatChat Net Current Asset Value Calculation

DatChat'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)
=(6.376-0.407-0-0)/2.03638
=2.93

DatChat's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(6.376-0.407-0-0)/2.03638
=2.93

* 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.


DatChat  (NAS:DATS) 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.


DatChat Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of DatChat's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


DatChat (DatChat) Business Description

Industry
Traded in Other Exchanges
N/A
Address
204 Nielsen Street, New Brunswick, NJ, USA, 08901
DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.
Executives
Darin M Myman officer: Chief Executive Officer BIGSTRING CORPORATION, 3 HARDING ROAD, SUITE F, RED BANK NJ 07701
Brett Blumberg officer: Chief Financial Officer 204 NEILSON STREET, NEW BRUNSWICK NJ 08901
Wayne Linsley director 1 ROCKEFELLER PLAZA, SUITE 1039, NEW YORK NY 10020
Carly Schumer director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Dan Zeno officer: Chief Operating Officer 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Joseph Eugene Nelson director 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Vadim Mats officer: CHIEF FINANCIAL OFFICER 285 GRAND AVENUE, ENGLEWOOD NJ 07631
Peter Shelus director, officer: CHIEF TECHNOLOGY OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901
Gabriel Daniels officer: CHIEF INFORMATION OFFICER 65 CHURCH STREET, 2ND FLOOR, NEW BRUNSWICK NJ 08901

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