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Bandwidth (Bandwidth) Net Current Asset Value : $-21.05 (As of Dec. 2023)


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What is Bandwidth 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).

Bandwidth's net current asset value per share for the quarter that ended in Dec. 2023 was $-21.05.

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

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bandwidth was 15.86. The lowest was 9.68. And the median was 10.91.

BAND's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Bandwidth Net Current Asset Value Historical Data

The historical data trend for Bandwidth'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.

Bandwidth Net Current Asset Value Chart

Bandwidth Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 6.62 -10.72 -9.55 -14.90 -21.05

Bandwidth 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 -14.90 -14.19 -15.83 -21.67 -21.05

Competitive Comparison of Bandwidth's Net Current Asset Value

For the Software - Infrastructure subindustry, Bandwidth'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.


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

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

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



Bandwidth Net Current Asset Value Calculation

Bandwidth'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)
=(252.775-803.658-0-0)/26.1642
=-21.05

Bandwidth'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)
=(252.775-803.658-0-0)/26.1642
=-21.05

* 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.


Bandwidth  (NAS:BAND) 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.


Bandwidth Net Current Asset Value Related Terms

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Bandwidth (Bandwidth) Business Description

Industry
Traded in Other Exchanges
Address
900 Main Campus Drive, Raleigh, NC, USA, 27606
Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.
Executives
Richard Brandon Asbill officer: General Counsel C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Devin M Krupka officer: Controller, PAO C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Daryl Raiford officer: Chief Financial Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Kade Ross officer: Chief Information Officer C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
David A. Morken director, 10 percent owner, officer: Chairman & CEO C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Rebecca Bottorff officer: Chief People Officer C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Anthony Bartolo officer: Chief Operating Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Lukas M. Roush director C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Marina C. Carreker officer: President C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Douglas A Suriano director C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Brian D. Bailey director, 10 percent owner C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Gabriela Gonzalez officer: Sr. VP Finance, Controller 1801 VARSITY DRIVE, RALEIGH NC 27606
John C. Murdock director, 10 percent owner, officer: President C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Jeffrey A. Hoffman officer: Chief Financial Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
W. Christopher Matton officer: General Counsel C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606