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BSQUARE (BSQUARE) Net Current Asset Value : $1.62 (As of Sep. 2023)


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What is BSQUARE 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).

BSQUARE's net current asset value per share for the quarter that ended in Sep. 2023 was $1.62.

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

BSQR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.68   Med: 2.06   Max: 9.94
Current: 1.17

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of BSQUARE was 9.94. The lowest was 0.68. And the median was 2.06.

BSQR's Price-to-Net-Current-Asset-Value is not ranked
in the Software industry.
Industry Median: 5.24 vs BSQR: 1.17

BSQUARE Net Current Asset Value Historical Data

The historical data trend for BSQUARE'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.

BSQUARE Net Current Asset Value Chart

BSQUARE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 0.55 0.49 1.81 1.64

BSQUARE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.68 1.64 1.64 1.65 1.62

Competitive Comparison of BSQUARE's Net Current Asset Value

For the Software - Application subindustry, BSQUARE'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.


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

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

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



BSQUARE Net Current Asset Value Calculation

BSQUARE'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)
=(40.037-6.772-0-0)/20.3379
=1.64

BSQUARE's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38.311-6.022-0-0)/19.8705
=1.62

* 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.


BSQUARE  (NAS:BSQR) 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.


BSQUARE Net Current Asset Value Related Terms

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BSQUARE (BSQUARE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1415 Western Avenue, Suite 700, Seattle, WA, USA, 98101
BSQUARE Corp provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems. Its business segments are Partner Solutions and Edge to Cloud. It focuses on a system that utilizes various Microsoft Windows Embedded operating systems as well as devices running other popular operating systems such as Android, Linux, and QNX. The company's customers include original equipment manufacturers, original design manufacturers, corporate enterprises, silicon vendors, and peripheral vendors. The group has a business presence and generates prime revenue from the Partner solutions segment.
Executives
Richard Alan Karp director 849-B INDEPENDENCE AVE, MOUNTAIN VIEW CA 94043
Bernee Dl Strom director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Ralph C Derrickson director, officer: President and CEO 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Davin Cushman director C/O BSQUARE CORPORATION, 110 110TH AVE NE SUITE 300, BELLEVUE WA 98004
Mary Jesse director 19301 SE 16TH STREET, SAMMAMISH WA 98075
Harries Andrew Stanley Guy director 6155 SOUTHLANDS PLACE, VANCOUVER A1 V6N 1M9
Robert J Chamberlain director 4017 56TH AVENUE SW, SEATTLE WA 98116
Christopher Wheaton officer: Chief Financial Officer C/O BSQUARE CORPORATION, 110 - 110TH AVE NE STE 300, BELLEVUE WA 98004
Palogic Value Fund, Lp other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Value Management, L.p. other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Palogic Capital Management, Llc other: Member of 10% Group 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Ryan L. Vardeman director 5310 HARVEST HILL ROAD, SUITE 110, DALLAS TX 75230
Kevin T Walsh officer: Acting CEO C/O BSQUARE CORPORATION, 110 110TH AVE NE #300, BELLEVUE WA 98004
Robert James Peters director 110 110TH AVENUE NE, SUITE 300, BELLEVUE WA 98004
Giles Frith officer: Chief Operating Officer C/O BSQUARE CORPORATION, 110 110TH AVE NE STE 300, BELLEVUE WA 98004