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Carbonite (Carbonite) Net Current Asset Value : $-23.12 (As of Sep. 2019)


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What is Carbonite 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).

Carbonite's net current asset value per share for the quarter that ended in Sep. 2019 was $-23.12.

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

CARB's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.22
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Carbonite Net Current Asset Value Historical Data

The historical data trend for Carbonite'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.

Carbonite Net Current Asset Value Chart

Carbonite Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.75 -1.94 -2.03 -4.16 -1.88

Carbonite Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -1.66 -1.88 -24.26 -23.66 -23.12

Competitive Comparison of Carbonite's Net Current Asset Value

For the Software - Infrastructure subindustry, Carbonite'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.


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

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

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



Carbonite Net Current Asset Value Calculation

Carbonite's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(A: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(240.065-303.881-0-0)/33.9231
=-1.88

Carbonite's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2019 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(164.798-967.948-0-0)/34.7325
=-23.12

* 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.


Carbonite  (NAS:CARB) 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.


Carbonite Net Current Asset Value Related Terms

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Carbonite (Carbonite) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two Avenue de Lafayette, Boston, MA, USA, 02111
Carbonite Inc is a provider of cloud and hybrid business continuity solutions. Its solutions include Carbonite Personal, which offers unlimited cloud backup for individuals, and Carbonite which offers cloud backup for small and midsize businesses, for an annual flat fee based on the amount of storage needed. Both solutions are packaged at three different service levels. The company derives revenues from subscription fees for its software-as-a-service offerings. A large majority of the firm's revenue is generated in the United States.
Executives
Linda Connly director C/O CARBONITE, INC., TWO AVENUE DE LAFAYETTE, BOSTON MA 02111
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Anthony Folger officer: Chief Financial Officer C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Todd Krasnow director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Marina Levinson director C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Mohamad Ali director, officer: CEO and President 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Mv Management X, L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025
Menlo Ventures X L P 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Mmef X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Thomas A. Murray officer: SVP, Marketing C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Gary Hromadko director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Crosslink Capital Inc other: Affiliate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025

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