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MSD Acquisition (MSD Acquisition) Net Current Asset Value : $-0.32 (As of Dec. 2022)


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What is MSD Acquisition 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).

MSD Acquisition's net current asset value per share for the quarter that ended in Dec. 2022 was $-0.32.

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

MSDA's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.87
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MSD Acquisition Net Current Asset Value Historical Data

The historical data trend for MSD Acquisition'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.

MSD Acquisition Net Current Asset Value Chart

MSD Acquisition Annual Data
Trend Dec21 Dec22
Net Current Asset Value
-0.62 -0.32

MSD Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Net Current Asset Value Get a 7-Day Free Trial -0.62 -0.51 -0.39 -0.32 -0.32

Competitive Comparison of MSD Acquisition's Net Current Asset Value

For the Shell Companies subindustry, MSD Acquisition'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.


MSD Acquisition's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MSD Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



MSD Acquisition Net Current Asset Value Calculation

MSD Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.145-22.84-0-0)/71.875
=-0.32

MSD Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.145-22.84-0-0)/71.875
=-0.32

* 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.


MSD Acquisition  (NAS:MSDA) 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.


MSD Acquisition Net Current Asset Value Related Terms

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MSD Acquisition (MSD Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
One Vanderbilt Avenue, 26th Floor, New York, NY, USA, 10017
MSD Acquisition Corp is a blank check company.
Executives
Allen Shim director C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Barry Mccarthy director 100 WINCHESTER CIRCLE, LOS GATOS CA 95032
John Phelan director C/O MSD CAPITAL, 780 THIRD AVE 43RD FL, NEW YORK NY 10017
John Cardoso officer: Chief Financial Officer 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Msd Sponsor Holdings, Llc 10 percent owner 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Gregg Lemkau director, officer: Chief Executive Officer 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022

MSD Acquisition (MSD Acquisition) Headlines