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INBX (Inhibrx Biosciences) Net Current Asset Value : $7.82 (As of Dec. 2024)


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What is Inhibrx Biosciences 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).

Inhibrx Biosciences's net current asset value per share for the quarter that ended in Dec. 2024 was $7.82.

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

INBX' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.48   Med: 1.97   Max: 1.97
Current: 1.48

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inhibrx Biosciences was 1.97. The lowest was 1.48. And the median was 1.97.

INBX's Price-to-Net-Current-Asset-Value is ranked better than
74.15% of 998 companies
in the Biotechnology industry
Industry Median: 3.215 vs INBX: 1.48

Inhibrx Biosciences Net Current Asset Value Historical Data

The historical data trend for Inhibrx Biosciences'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.

Inhibrx Biosciences Net Current Asset Value Chart

Inhibrx Biosciences Annual Data
Trend Dec22 Dec23 Dec24
Net Current Asset Value
-1.24 2.17 7.82

Inhibrx Biosciences Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 2.17 -1.74 14.02 11.28 7.82

Competitive Comparison of Inhibrx Biosciences's Net Current Asset Value

For the Biotechnology subindustry, Inhibrx Biosciences'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.


Inhibrx Biosciences's Price-to-Net-Current-Asset-Value Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Inhibrx Biosciences's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Inhibrx Biosciences Net Current Asset Value Calculation

Inhibrx Biosciences's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(160.398-47.183-0-0)/14.476
=7.82

Inhibrx Biosciences's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(160.398-47.183-0-0)/14.476
=7.82

* 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.


Inhibrx Biosciences  (NAS:INBX) 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.


Inhibrx Biosciences Net Current Asset Value Related Terms

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Inhibrx Biosciences Business Description

Traded in Other Exchanges
N/A
Address
11025 N. Torrey Pines Road, Suite 140, La Jolla, CA, USA, 92037
Inhibrx Biosciences Inc is a clinical-stage biopharmaceutical company with a pipeline of novel biologic therapeutic candidates, developed using its proprietary modular protein engineering platforms. Its clinical pipeline of therapeutic candidates includes INBRX-109 and INBRX-106, both of which utilize their multivalent formats where the precise valency can be optimized in a target-centric way to mediate what experts consider to be the predominant agonist function.