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Quantenna Communications (Quantenna Communications) Net Current Asset Value : $3.81 (As of Mar. 2019)


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What is Quantenna Communications 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).

Quantenna Communications's net current asset value per share for the quarter that ended in Mar. 2019 was $3.81.

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

QTNA's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 5.81
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Quantenna Communications Net Current Asset Value Historical Data

The historical data trend for Quantenna Communications'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.

Quantenna Communications Net Current Asset Value Chart

Quantenna Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
-5.90 -6.15 3.74 3.62 4.00

Quantenna Communications Quarterly Data
Dec14 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 3.60 3.75 3.86 4.00 3.81

Competitive Comparison of Quantenna Communications's Net Current Asset Value

For the Semiconductors subindustry, Quantenna Communications'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.


Quantenna Communications's Price-to-Net-Current-Asset-Value Distribution in the Semiconductors Industry

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

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



Quantenna Communications Net Current Asset Value Calculation

Quantenna Communications'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)
=(190.018-39.169-0-0)/37.6951
=4.00

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

Net Current Asset Value Per Share(Q: Mar. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(192.243-45.797-0-0)/38.4733
=3.81

* 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.


Quantenna Communications  (NAS:QTNA) 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.


Quantenna Communications Net Current Asset Value Related Terms

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Quantenna Communications (Quantenna Communications) Business Description

Traded in Other Exchanges
N/A
Address
1704 Automation Parkway, San Jose, CA, USA, 95131
Quantenna Communications Inc is engaged in the design, development, and marketing of high-speed wireless communication solutions enabling wireless local area networking. Its solutions are designed to deliver Wi-Fi performance to support an increasing number of connected devices accessing a rapidly growing pool of digital content. Its products include QSR10G-AX, QSR2000C, QSR1000, QHS710 and MAUI. The Company sells its solutions using a combination of a direct sales force and third-party distributors.
Executives
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Mark A Stevens director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Lionel Bonnot officer: SVP Mktg & Business Dev. 3450 W. WARREN AVENUE, FREMONT CA 94538
Sequoia Capital U.s. Growth Fund V, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Scgf V Management, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Us Gf V Holdings, Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Usgf Principals Fund V, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Michael J Moritz 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Us (ttgp), Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Douglas M Leone 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Xi Management Llc 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Xi Principals Fund 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025

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