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ALAB (Astera Labs) Net Current Asset Value : $5.37 (As of Sep. 2024)


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What is Astera Labs 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).

Astera Labs's net current asset value per share for the quarter that ended in Sep. 2024 was $5.37.

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

ALAB' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.76   Med: 11.55   Max: 24.62
Current: 24.61

During the past 2 years, the highest Price-to-Net-Current-Asset-Value Ratio of Astera Labs was 24.62. The lowest was 9.76. And the median was 11.55.

ALAB's Price-to-Net-Current-Asset-Value is ranked worse than
88.6% of 702 companies
in the Semiconductors industry
Industry Median: 5.51 vs ALAB: 24.61

Astera Labs Net Current Asset Value Historical Data

The historical data trend for Astera Labs'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.

Astera Labs Net Current Asset Value Chart

Astera Labs Annual Data
Trend Dec22 Dec23
Net Current Asset Value
-0.70 -0.71

Astera Labs Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Current Asset Value Get a 7-Day Free Trial - -0.71 5.13 5.24 5.37

Competitive Comparison of Astera Labs's Net Current Asset Value

For the Semiconductors subindustry, Astera Labs'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.


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

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

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



Astera Labs Net Current Asset Value Calculation

Astera Labs'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)
=(185.807-293.993-0-0)/152.503
=-0.71

Astera Labs's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(945.589-93.453-0-0)/158.561
=5.37

* 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.


Astera Labs  (NAS:ALAB) 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.


Astera Labs Net Current Asset Value Related Terms

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Astera Labs Business Description

Comparable Companies
Traded in Other Exchanges
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.