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Aterian (Aterian) Net Current Asset Value : $3.17 (As of Dec. 2023)


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What is Aterian 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).

Aterian's net current asset value per share for the quarter that ended in Dec. 2023 was $3.17.

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

ATER' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.88   Med: 3.87   Max: 11.2
Current: 0.97

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aterian was 11.20. The lowest was 0.88. And the median was 3.87.

ATER's Price-to-Net-Current-Asset-Value is ranked better than
92.83% of 279 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.31 vs ATER: 0.97

Aterian Net Current Asset Value Historical Data

The historical data trend for Aterian'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.

Aterian Net Current Asset Value Chart

Aterian Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial 6.31 -26.11 7.74 6.77 3.17

Aterian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 6.77 6.03 4.55 3.85 3.17

Competitive Comparison of Aterian's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Aterian'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.


Aterian's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Aterian's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Aterian Net Current Asset Value Calculation

Aterian'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)
=(49.636-25.838-0-0)/7.50811
=3.17

Aterian'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)
=(49.636-25.838-0-0)/7.50811
=3.17

* 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.


Aterian  (NAS:ATER) 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.


Aterian Net Current Asset Value Related Terms

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Aterian (Aterian) Business Description

Traded in Other Exchanges
Address
37 East 18th Street, 7th Floor, New York, NY, USA, 10003
Aterian Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty-related products and, consumer electronics. It has various owned and operated brands including Vremi, Healing Solutions, Xtava, TRUWEO, Spiralize, Pohl+Schmitt, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.
Executives
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Roi Zion Zahut officer: Chief Technology Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Sarah Liebel director 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Phillip Lepper officer: Chief Revenue Officer 21908 N SPOTTED RD, DEER PARK WA 990006
Yaniv Zion Sarig director, 10 percent owner, officer: See Remarks C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Arturo Rodriguez officer: Chief Financial Officer C/O ATARI, INC., 417 FIFTH AVENUE, NEW YORK NY 10016
Joseph A Risico officer: General Counsel C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Mihal Chaouat-fix officer: Chief Product Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Rueden Anton Von officer: COO C/O ATERIAN, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Cynthia W Williams director C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Tomer Pascal officer: Chief Revenue Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
9830 Macarthur Llc 10 percent owner 30 N. GOULD ST, SUITE R, SHERIDAN WY 82801
Walter Amy Von director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003