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Option Care Health (Option Care Health) Net Current Asset Value : $-3.97 (As of Mar. 2024)


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What is Option Care Health 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).

Option Care Health's net current asset value per share for the quarter that ended in Mar. 2024 was $-3.97.

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

OPCH'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.

Option Care Health Net Current Asset Value Historical Data

The historical data trend for Option Care Health'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.

Option Care Health Net Current Asset Value Chart

Option Care Health 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 -6.37 -5.42 -5.03 -4.03 -4.02

Option Care Health 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 -4.18 -3.60 -3.88 -4.02 -3.97

Competitive Comparison of Option Care Health's Net Current Asset Value

For the Medical Care Facilities subindustry, Option Care Health'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.


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

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

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



Option Care Health Net Current Asset Value Calculation

Option Care Health'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)
=(1094.255-1795.363-0-0)/174.576
=-4.02

Option Care Health'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)
=(1129.714-1820.414-0-0)/173.816
=-3.97

* 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.


Option Care Health  (NAS:OPCH) 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.


Option Care Health Net Current Asset Value Related Terms

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Option Care Health (Option Care Health) Business Description

Traded in Other Exchanges
Address
3000 Lakeside Drive, Suite 300N, Bannockburn, IL, USA, 60015
Option Care Health Inc is the provider of home and alternate-site infusion services. It provides treatment for bleeding disorders, neurological disorders, heart failure, anti-infectives, and chronic inflammatory disorders among others.
Executives
Elizabeth D Bierbower director HUMANA INC., 500 W. MAIN ST., LOUISVILLE KY 40202
R Carter Pate director 5739 WORTHAM LANE, DALLAS TX 75252
Smyser Collin officer: Gen. Counsel & Corp. Secy. C/O OPTION CARE HEALTH, 3000 LAKESIDE DR. SUITE 300N, BANNOCKBURN IL 60015
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Bavaro officer: Chief Human Resources Officer 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Luke Whitworth officer: Chief Operating Officer 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Walgreens Boots Alliance, Inc. 10 percent owner 108 WILMOT ROAD, DEERFIELD IL 60015
Hc Group Holdings I, Llc 10 percent owner THREE FIRST NATIONAL PLAZA, SUITE 4600, CHICAGO IL 60602
Wba Investments, Inc. 10 percent owner 108 WILMOT ROAD, DEERFIELD IL 60015
Och Us Holding Llc 10 percent owner 200 WILMOT ROAD, DEERFIELD IL 60015
Wba Us 1 Co. 10 percent owner 180 WILMOT ROAD, DEERFIELD IL 60015
Harriet Booker officer: CHIEF OPERATING OFFICER C/O BIOSCRIP, INC., 1600 BROADWAY, SUITE 700, DENVER CO 80202
Natasha Deckmann director 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Anita M. Allemand director 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Aaron Friedman director 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015