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Resonant (Resonant) Net Current Asset Value : $0.13 (As of Dec. 2021)


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What is Resonant 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).

Resonant's net current asset value per share for the quarter that ended in Dec. 2021 was $0.13.

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

RESN' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.99   Med: 8.66   Max: 34.46
Current: 34.46

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Resonant was 34.46. The lowest was 1.99. And the median was 8.66.

RESN's Price-to-Net-Current-Asset-Value is not ranked
in the Semiconductors industry.
Industry Median: 5.8 vs RESN: 34.46

Resonant Net Current Asset Value Historical Data

The historical data trend for Resonant'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.

Resonant Net Current Asset Value Chart

Resonant Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.67 0.08 0.30 0.13

Resonant Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.30 0.26 0.26 0.15 0.13

Competitive Comparison of Resonant's Net Current Asset Value

For the Semiconductors subindustry, Resonant'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.


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

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

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



Resonant Net Current Asset Value Calculation

Resonant's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21.945-13.105-0-0)/66.9998
=0.13

Resonant's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21.945-13.105-0-0)/66.9998
=0.13

* 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.


Resonant  (NAS:RESN) 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.


Resonant Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Resonant's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Resonant (Resonant) Business Description

Traded in Other Exchanges
N/A
Address
10900 Stonelake Boulevard, Suite 100, Office 02-130, Austin, TX, USA, 78759
Resonant Inc is a late-stage development company. It is developing software, intellectual property and a services platform to increase designer efficiency, reduce time to market and lower unit cost in the design of filters for radio frequency front ends for the mobile device industry. It operates in a single segment to design radio frequency filters. The group has a business presence in Japan, China and Other countries, of which key revenue is derived from Japan.
Executives
George B Holmes director, officer: Chief Executive Officer C/O RESONANT INC., 10900 STONELAKE BLVD., SUITE 100, OFFICE, AUSTIN TX 78759
Neal Fenzi officer: Chief Technology Officer C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Dylan Kelly officer: Chief Operating Officer C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Martin S Mcdermut officer: Chief Financial Officer C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Marybeth Carberry officer: Exec VP of Business Operations C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Robert L. Tirva director C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Ruben Caballero director C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Michael J Fox director C/O PARK CITY CAPITAL, LLC, 100 CRESCENT COURT SUITE 700, DALLAS TX 75201
Joshua Jacobs director 9917 LA TUNA CANYON ROAD, SUN VALLEY CA 91352
Jean F Rankin director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Robert B Hammond officer: Co-Chief Technology Officer C/O RESONANT INC., 175 CREMONA DRIVE, SUITE 200, GOLETA CA 93117
Park City Capital, Llc director 12400 COIT ROAD, SUITE 800, DALLAS TX 75251
Longboard Capital Advisors, Llc 10 percent owner 9665 WILSHIRE BLVD., SUITE 430, BEVERLY HILLS CA 90212