GURUFOCUS.COM » STOCK LIST » Technology » Software » Kyndryl Holdings Inc (NYSE:KD) » Definitions » Net Current Asset Value

Kyndryl Holdings (Kyndryl Holdings) Net Current Asset Value : $-21.43 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Kyndryl 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).

Kyndryl Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was $-21.43.

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

KD's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Kyndryl Holdings Net Current Asset Value Historical Data

The historical data trend for Kyndryl 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.

Kyndryl Holdings Net Current Asset Value Chart

Kyndryl Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Mar23
Net Current Asset Value
- -12.06 -15.59 -20.83 -22.56

Kyndryl Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -22.21 -22.56 -22.28 -21.78 -21.43

Competitive Comparison of Kyndryl Holdings's Net Current Asset Value

For the Information Technology Services subindustry, Kyndryl 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.


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

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

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



Kyndryl Holdings Net Current Asset Value Calculation

Kyndryl Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4963-10002-97-0)/227.7
=-22.56

Kyndryl Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4851-9676-104-0)/230
=-21.43

* 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.


Kyndryl Holdings  (NYSE:KD) 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.


Kyndryl Holdings Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Kyndryl Holdings's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyndryl Holdings (Kyndryl Holdings) Business Description

Address
One Vanderbilt Avenue, 15th Floor, New York, NY, USA, 10017
Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives.
Executives
Elly Keinan officer: Group President ONE NEW ORCHARD ROAD, ARMONK NY 10504
Martin J Schroeter director, officer: Chief Executive Officer IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
David B Wyshner officer: CFO & Treasurer C/O XPO LOGISTICS, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Denis Machuel director ONE NEW ORCHARD ROAD, ARMONK NY 10504
Hester Stephen A. M. director ONE NEW ORCHARD ROAD, ARMONK NY 10504
Howard I Ungerleider director 2211 H.H. DOW WAY, MIDLAND MI 48674
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
International Business Machines Corp director, 10 percent owner 1 NEW ORCHARD RD, ARMONK NY 10504
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Edward Sebold officer: General Counsel and Secretary ONE NEW ORCHARD ROAD, ARMONK NY 10504
Vineet Khurana officer: Vice President & Controller ONE NEW ORCHARD ROAD, ARMONK NY 10504
Janina Kugel director ONE NEW ORCHARD ROAD, ARMONK NY 10504
Rahul N Merchant director C/O EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Shirley A Jackson director 110 8TH STREEET, TROY NY 12180-3590