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Imperva (Imperva) Net Current Asset Value : $3.54 (As of Sep. 2018)


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What is Imperva 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).

Imperva's net current asset value per share for the quarter that ended in Sep. 2018 was $3.54.

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

IMPV'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.

Imperva Net Current Asset Value Historical Data

The historical data trend for Imperva'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.

Imperva Net Current Asset Value Chart

Imperva Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 3.04 1.43 5.57 4.70 6.94

Imperva Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 6.47 6.94 7.15 6.80 3.54

Competitive Comparison of Imperva's Net Current Asset Value

For the Software - Application subindustry, Imperva'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.


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

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

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



Imperva Net Current Asset Value Calculation

Imperva's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net Current Asset Value Per Share(A: Dec. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(450.629-212.945-0-0)/34.2339
=6.94

Imperva's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(388.737-264.324-0-0)/35.1512
=3.54

* 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.


Imperva  (NAS:IMPV) 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.


Imperva Net Current Asset Value Related Terms

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Imperva (Imperva) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Imperva provides application and data cybersecurity products for enterprises and governments. The company was founded in 2002 and went public in 2011. Imperva reports in two operating segments (products and services) across three geographies (Americas; Europe, Middle East, and Africa; and Asia-Pacific).
Executives
James R Tolonen director
Randall N Spratt director C/O MCKESSON CORPORATION, ONE POST STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Allan R Tessler director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Albert A Pimentel director CO GLU MOBILE INC, 1800 GATEWAY DRIVE, SAN MATEO CA 94404
Tram T Phi officer: Chief Legal Officer C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Christopher Hylen director, officer: President and CEO 700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Geraldine Elliott director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Anthony J Bettencourt director C/O IMPERVA, INC. 3400 BRIDGE PARKWAY REDWOOD SHORES CA 94065
Charles H Giancarlo director 170 WEST TASMAN DRIVE, SAN JOSE X1 95134
Shlomo Kramer 10 percent owner
Ranzetta Theresia Gouw director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Frank Slootman director 106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Gregory S. Clark director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Steven M Krausz director 2735 SAND HILL ROAD, MENLO PARK CA 94025
David N Strohm director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748