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Arq (ARQ) Net Current Asset Value : $0.89 (As of Dec. 2023)


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What is Arq 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).

Arq's net current asset value per share for the quarter that ended in Dec. 2023 was $0.89.

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

ARQ' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.72   Med: 5.28   Max: 183.33
Current: 8.85

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Arq was 183.33. The lowest was 0.72. And the median was 5.28.

ARQ's Price-to-Net-Current-Asset-Value is ranked worse than
74.25% of 2155 companies
in the Industrial Products industry
Industry Median: 4.32 vs ARQ: 8.85

Arq Net Current Asset Value Historical Data

The historical data trend for Arq'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.

Arq Net Current Asset Value Chart

Arq Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 0.03 3.73 3.36 0.89

Arq Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 3.36 1.17 1.25 1.06 0.89

Competitive Comparison of Arq's Net Current Asset Value

For the Pollution & Treatment Controls subindustry, Arq'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.


Arq's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arq's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Arq Net Current Asset Value Calculation

Arq'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)
=(86.461-57.102-0-0)/33.1729
=0.89

Arq'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)
=(86.461-57.102-0-0)/33.1729
=0.89

* 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.


Arq  (NAS:ARQ) 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.


Arq Net Current Asset Value Related Terms

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Arq (ARQ) Business Description

Traded in Other Exchanges
Address
8051 E. Maplewood Avenue, Suite 210, Greenwood Village, CO, USA, 80111
Advanced Emissions Solutions Inc provides solutions to customers in coal-fired power generation, municipal water, and other industries through proprietary emissions control and water purification technologies.
Executives
Joseph M Wong officer: Chief Technology Officer 640 PLAZA DRIVE, SUITE 270, C/O ADVANCED EMISSIONS SOLUTIONS, INC., HIGHLANDS RANCH CO 80129
Jeremy Williamson officer: Chief Operating Officer 8051 E. MAPLEWOOD AVE, SUITE 210, GREENWOOD VILLAGE CO 80111
Robert E. Rasmus director, officer: Chief Executive Officer THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Laurie Bergman director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Jeremy Blank director 6446 DREXEL AVENUE, LOS ANGELES CA 90048
Arq Ltd 10 percent owner 28-30 THE PARADE, ST. HELIER Y9 JE1 1EQ
Julian Alexander Mcintyre director 30A BROOK STREET, LONDON X0 W1K 5DJ
Richard Campbell-breeden director 30A BROOK STREET, LONDON X0 W1K 5DJ
Morgan Fields officer: VP of Accounting 890 SANTA CRUZ AVE., MENLO PARK CA 94025
Christine Bellino officer: Chief Accounting Officer 8051 E. MAPLEWOOD AVE., SUITE 210, GREENWOOD VILLAGE CO 80111
Alta Fundamental Advisers Sp Llc director 1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Brian Leen director 640 PLAZA DRIVE, SUITE 270, C/O ADVANCED EMISSIONS SOLUTIONS, INC., HIGHLANDS RANCH CO 80129
Ron Hanson officer: SVP of Operations of ADA-ES 9135 S RIDGELINE BLVD, SUITE 200, HIGHLANDS RANCH CO 80129
Theodore James Sanders officer: General Counsel 640 PLAZA DRIVE, SUITE 270, HIGHLANDS RANCH CO 80129