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Bridge Investment Group Holdings (Bridge Investment Group Holdings) Net Current Asset Value : $-15.47 (As of Mar. 2024)


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What is Bridge Investment Group Holdings 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).

Bridge Investment Group Holdings's net current asset value per share for the quarter that ended in Mar. 2024 was $-15.47.

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

BRDG's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.26
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Bridge Investment Group Holdings Net Current Asset Value Historical Data

The historical data trend for Bridge Investment Group Holdings'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.

Bridge Investment Group Holdings Net Current Asset Value Chart

Bridge Investment Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
0.39 -2.24 -3.54 -6.51 -17.24

Bridge Investment Group Holdings Quarterly Data
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 -18.92 -19.51 -18.97 -17.24 -15.47

Competitive Comparison of Bridge Investment Group Holdings's Net Current Asset Value

For the Asset Management subindustry, Bridge Investment Group Holdings'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.


Bridge Investment Group Holdings's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bridge Investment Group Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Bridge Investment Group Holdings's Price-to-Net-Current-Asset-Value falls into.



Bridge Investment Group Holdings Net Current Asset Value Calculation

Bridge Investment Group Holdings'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)
=(561.736-743.47-470.435-0)/37.8299
=-17.24

Bridge Investment Group Holdings'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)
=(501.773-720.468-415.404-0)/40.9819
=-15.47

* 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.


Bridge Investment Group Holdings  (NYSE:BRDG) 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.


Bridge Investment Group Holdings Net Current Asset Value Related Terms

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Bridge Investment Group Holdings (Bridge Investment Group Holdings) Business Description

Traded in Other Exchanges
Address
111 East Sego Lily Drive, Suite 400, Salt Lake City, UT, USA, 84070
Bridge Investment Group Holdings Inc is a vertically integrated real estate investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies, and agency mortgage-backed securities.
Executives
Garrett Behling officer: Chief Accounting Officer 111 EAST SEGO LILY DRIVE, SUITE 400, SANDY UT 84070
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Katherine Elsnab officer: Chief Accounting Officer C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Deborah C Hopkins director 1007 MARKET ST, WILMINGTON DE 19898
Adam O'farrell director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Robert Randolph Morse director, 10 percent owner, officer: See Remarks 1000 PARK AVENUE, APT 3, NEW YORK NY 10028
Debra M Chase director C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Jonathan Slager director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Bridge Founders Group, Llc 10 percent owner 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Chad D. Briggs officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Dean Allara director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070

Bridge Investment Group Holdings (Bridge Investment Group Holdings) Headlines