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Bright Lights Acquisition (Bright Lights Acquisition) Net Current Asset Value : $0.00 (As of Sep. 2022)


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What is Bright Lights Acquisition 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).

Bright Lights Acquisition's net current asset value per share for the quarter that ended in Sep. 2022 was $0.00.

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

BLTSU's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.99
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Bright Lights Acquisition Net Current Asset Value Historical Data

The historical data trend for Bright Lights Acquisition'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.

Bright Lights Acquisition Net Current Asset Value Chart

Bright Lights Acquisition Annual Data
Trend Dec20 Dec21
Net Current Asset Value
- -

Bright Lights Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Bright Lights Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Bright Lights Acquisition'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.


Bright Lights Acquisition's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bright Lights Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Bright Lights Acquisition Net Current Asset Value Calculation

Bright Lights Acquisition'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)
=(0.687-28.025-0-0)/0
=N/A

Bright Lights Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.394-13.6-0-0)/0
=N/A

* 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.


Bright Lights Acquisition  (NAS:BLTSU) 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.


Bright Lights Acquisition Net Current Asset Value Related Terms

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Bright Lights Acquisition (Bright Lights Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
12100 Wilshire Boulevard, Suite 1150, Los Angeles, CA, USA, 90025
Bright Lights Acquisition Corp is a blank check company.
Executives
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Peter Guber director 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
John Howard director 277 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10172
Bright Lights Sponsor Llc 10 percent owner, other: See Remarks. 12100 WILSHIIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Allen Shapiro director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Michael Mahan director, 10 percent owner, officer: CEO C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Bright Lights Holdco Llc 10 percent owner, other: See Remarks. C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Ciara Wilson director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Selena Kalvaria director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Hahn Lee officer: CFO & Secretary C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025