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HealthStream (HealthStream) Net Current Asset Value : $-0.64 (As of Mar. 2024)


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What is HealthStream 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).

HealthStream's net current asset value per share for the quarter that ended in Mar. 2024 was $-0.64.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of HealthStream was 14.09. The lowest was 6.26. And the median was 9.57.

HSTM's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

HealthStream Net Current Asset Value Historical Data

The historical data trend for HealthStream'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.

HealthStream Net Current Asset Value Chart

HealthStream 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 2.26 -1.64 -1.31 -1.61 -0.96

HealthStream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.37 -1.14 -0.95 -0.96 -0.64

Competitive Comparison of HealthStream's Net Current Asset Value

For the Health Information Services subindustry, HealthStream'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.


HealthStream's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthStream's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



HealthStream Net Current Asset Value Calculation

HealthStream'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)
=(130.21-159.19-0-0)/30.298
=-0.96

HealthStream's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(147.389-166.751-0-0)/30.3977
=-0.64

* 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.


HealthStream  (NAS:HSTM) 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.


HealthStream Net Current Asset Value Related Terms

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HealthStream (HealthStream) Business Description

Traded in Other Exchanges
Address
500 11th Avenue North, Suite 1000, Nashville, TN, USA, 37203
HealthStream Inc provides workforce and provider solutions for healthcare organizations. Its reportable segments include Workforce Solutions and Provider Solutions. Workforce development solutions consist of SaaS, subscription-based products that are used by healthcare organizations. Its Provider Solutions products offer healthcare organizations software applications for administering and tracking provider credentialing, privileging, call center and enrollment activities. The company generates a majority of its revenue from the Workforce solutions segment.
Executives
Amir Alex Jahangir director 500 11TH AVENUE NORTH, SUITE 1000, NASHVILLE TN 37203
J Edward Pearson officer: Senior Vice President
Tate Deborah Taylor director 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Jeffrey L Mclaren director 209 10TH AVE SOUTH STE 450, NASHVILLE TN 37203
Michael Scott Mcquigg officer: Senior VP, hStream Solutions 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Terry Allison Rappuhn director P O BOX 58062, NASHVILLE TN 37205
Frank Gordon director 3102 WEST END AVE., SUITE 650, NASHVILLE TN 37203
Frist Robert A Jr 10 percent owner, officer: CEO 211 CRAIGHEAD AVE, NASHVILLE TN 37205
Scott Fenstermacher officer: Senior Vice President 500 11TH AVENUE NORTH, SUITE 1000, NASHVILLE TN 37203
Linda Rebrovick director 511 UNION STREET, SUITE 1900, NASHVILLE TN 37219
C Martin Harris director
Scott Alexander Roberts officer: Interim CFO 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Trisha L Coady officer: SVP & GM, Clinical Solutions 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203
Hayden Gerard M Jr director C/O PRIVATE BUSINESS INC, P O BOX 1603, BRENTWOOD TN 37024
Michael Sousa officer: Senior Vice President 209 10TH AVENUE SOUTH, SUITE 450, NASHVILLE TN 37203