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DigitalOcean Holdings (DigitalOcean Holdings) Net Cash per Share : $-15.10 (As of Dec. 2023)


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What is DigitalOcean Holdings Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). DigitalOcean Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was $-15.10.

The historical rank and industry rank for DigitalOcean Holdings's Net Cash per Share or its related term are showing as below:

During the past 6 years, the highest Price-to-Net-Cash Ratio of DigitalOcean Holdings was 45.13. The lowest was 45.13. And the median was 45.13.

DOCN's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8.61
* Ranked among companies with meaningful Price-to-Net-Cash only.

DigitalOcean Holdings Net Cash per Share Historical Data

The historical data trend for DigitalOcean Holdings's Net Cash per Share 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.

DigitalOcean Holdings Net Cash per Share Chart

DigitalOcean Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -3.92 -3.82 1.78 -9.34 -15.10

DigitalOcean Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share 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 -9.34 -13.22 -13.71 -16.24 -15.10

Competitive Comparison of DigitalOcean Holdings's Net Cash per Share

For the Software - Infrastructure subindustry, DigitalOcean Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


DigitalOcean Holdings's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, DigitalOcean Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where DigitalOcean Holdings's Price-to-Net-Cash falls into.



DigitalOcean Holdings Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

DigitalOcean Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(411.768-1774.665-0)/90.2434
=-15.10

DigitalOcean Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(411.768-1774.665-0)/90.2434
=-15.10

* 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.


DigitalOcean Holdings  (NYSE:DOCN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


DigitalOcean Holdings Net Cash per Share Related Terms

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DigitalOcean Holdings (DigitalOcean Holdings) Business Description

Traded in Other Exchanges
Address
101 6th Avenue, New York, NY, USA, 10013
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.
Executives
Yancey L. Spruill director, officer: Chief Executive Officer 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Megan Wood officer: Chief Strategy Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Jeffrey Scott Guy officer: Chief Operating Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027
Harold Matthew Norman officer: Chief People Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Christopher Merritt director C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Carly D Brantz officer: Chief Marketing Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Alan Shapiro officer: General Counsel
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Matt Steinfort officer: Chief Financial Officer 1805 29TH STREET SUITE 2050, BOULDER CO 80301
Muhammad Aaqib Gadit officer: Chief Revenue Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Gabriel Monroy officer: Chief Product Officer C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Adrienne Elizabeth Calderone officer: SVP, Chief Accounting Officer 101 6TH AVENUE, NEW YORK NY 10013
Andreessen Horowitz Fund Iii, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Capital Management, L.l.c. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025

DigitalOcean Holdings (DigitalOcean Holdings) Headlines

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