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Owlet (OWLT) Net Current Asset Value : $-1.83 (As of Dec. 2024)


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What is Owlet 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).

Owlet's net current asset value per share for the quarter that ended in Dec. 2024 was $-1.83.

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

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Owlet was 5.92. The lowest was 5.92. And the median was 5.92.

OWLT's Price-to-Net-Current-Asset-Value is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 4.735
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Owlet Net Current Asset Value Historical Data

The historical data trend for Owlet'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.

Owlet Net Current Asset Value Chart

Owlet Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
-8.75 6.31 -2.12 -4.74 -1.83

Owlet Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -4.74 -4.08 -4.04 -1.64 -1.83

Competitive Comparison of Owlet's Net Current Asset Value

For the Medical Devices subindustry, Owlet'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.


Owlet's Price-to-Net-Current-Asset-Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Owlet's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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Owlet Net Current Asset Value Calculation

Owlet'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)
=(46.113-66.329-0-8.603)/15.726
=-1.83

Owlet'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)
=(46.113-66.329-0-8.603)/15.726
=-1.83

* 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.


Owlet  (NYSE:OWLT) 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.


Owlet Net Current Asset Value Related Terms

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Owlet Business Description

Traded in Other Exchanges
N/A
Address
2940 West Maple Loop Drive, Suite 203, Lehi, UT, USA, 84043
Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.
Executives
Jonathan Harris officer: President & CRO 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kurt Workman director, officer: Chief Executive Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Kathryn R. Scolnick officer: Chief Financial Officer 3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Marc F Stoll director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Melissa Gonzales director C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel director 514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc 10 percent owner 155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott director, officer: President C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo officer: Chief Accounting Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke director C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043

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