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Redwire (Redwire) Net Current Asset Value : $-3.15 (As of Dec. 2023)


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What is Redwire 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).

Redwire's net current asset value per share for the quarter that ended in Dec. 2023 was $-3.15.

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

RDW's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Redwire Net Current Asset Value Historical Data

The historical data trend for Redwire'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.

Redwire Net Current Asset Value Chart

Redwire Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
- -1.58 -2.62 -3.15

Redwire Quarterly Data
Sep20 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 -2.62 -2.67 -2.89 -2.91 -3.15

Competitive Comparison of Redwire's Net Current Asset Value

For the Aerospace & Defense subindustry, Redwire'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.


Redwire's Price-to-Net-Current-Asset-Value Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Redwire's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Redwire Net Current Asset Value Calculation

Redwire'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)
=(109.313-218.444-0.228-96.106)/65.1927
=-3.15

Redwire'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)
=(109.313-218.444-0.228-96.106)/65.1927
=-3.15

* 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.


Redwire  (NYSE:RDW) 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.


Redwire Net Current Asset Value Related Terms

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Redwire (Redwire) Business Description

Traded in Other Exchanges
N/A
Address
8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256
Redwire Corp is engaged in mission-critical space solutions and reliable components for the next generation space economy, with IP for solar power generation and in-space 3D printing and manufacturing. It assists its customers in solving the complex challenges of future space missions. Its operating units are organized into broad business areas focusing on space commercialization, digitally engineered spacecraft, on-orbit servicing, assembly, and manufacturing, advanced sensors and components, and space domain awareness and resiliency.
Executives
Chris Edmunds officer: Chief Accounting Officer C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Jonathan Baliff director, officer: President and CFO 211 CARNEGIE CENTER, PRINCETON NJ 08540
Ae Industrial Partners Fund Ii Gp, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
M. David Kornblatt director 1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton director GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua director SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp director, 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp director, 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Red Holdings, Llc 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Andrew Rush officer: President and COO REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Aeroequity Gp, Llc 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431

Redwire (Redwire) Headlines

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