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Instructure (Instructure) Net Current Asset Value : $-1.01 (As of Dec. 2019)


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What is Instructure 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).

Instructure's net current asset value per share for the quarter that ended in Dec. 2019 was $-1.01.

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

INST's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.25
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Instructure Net Current Asset Value Historical Data

The historical data trend for Instructure'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.

Instructure Net Current Asset Value Chart

Instructure Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Current Asset Value
Get a 7-Day Free Trial 1.12 -0.30 -1.07 1.90 -1.01

Instructure Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.90 -0.10 -1.05 -1.07 -1.01

Competitive Comparison of Instructure's Net Current Asset Value

For the Software - Application subindustry, Instructure'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.


Instructure's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



Instructure Net Current Asset Value Calculation

Instructure's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(A: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(183.125-221.943-0-0)/38.257
=-1.01

Instructure's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(183.125-221.943-0-0)/38.257
=-1.01

* 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.


Instructure  (NYSE:INST) 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.


Instructure Net Current Asset Value Related Terms

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Instructure (Instructure) Business Description

Traded in Other Exchanges
N/A
Address
6330 South 3000 East, Suite 700, Salt Lake City, UT, USA, 84121
Instructure Inc provides cloud-based learning management platform for academic institutions and companies worldwide. The company offers its platform through a Software-as-a-Service business model. It develops Canvas, a learning management application for the education market; and Bridge for the corporate market to enable its customers in developing, delivering, and managing face-to-face and online learning experiences. Geographically, it operates in the market of the United States and its business is also expanding internationally and it derives revenue from Subscription and support source.
Executives
Kevin B Thompson director C/O RED HAT, INC, 1801 VARSITY DRIVE, RALEIGH NC 27606
Steven A Collins director 20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Ellen Levy director C/O INSTRUCTURE, INC., 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Jim Steele director C/O INTRALINKS, INC., 150 E. 42ND STREET, NEW YORK NY 10017
Openview Management, Llc 10 percent owner C/O OPENVIEW VENTURE PARTNERS, 303 CONGRESS STREET, 6TH FLOOR, BOSTON MA 02210
Byron B Deeter director C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE SUITE 104, LARCHMONT NY 10538
Insight Venture Partners Viii (co-investors), L.p. 10 percent owner 680 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Insight Venture Associates Viii, Ltd. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Insight Venture Associates Coinvestment Iii, Ltd. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Insight Venture Associates Coinvestment Iii, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36 TH FLOOR, NEW YORK NY 10036
Insight Venture Associates Viii, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36 TH FLOOR, NEW YORK NY 10036
Insight Venture Partners Coinvestment Fund (delaware) Iii, L.p. 10 percent owner 680 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Insight Venture Partners Coinvestment Fund Iii, L.p. 10 percent owner 680 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Insight Venture Partners Viii, L.p. 10 percent owner P.O. BOX 309 UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104