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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Net Current Asset Value : $0.14 (As of Dec. 2023)


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What is Dragonfly Energy 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).

Dragonfly Energy Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was $0.14.

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

DFLI' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.87   Med: 3.87   Max: 10.22
Current: 9.58

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dragonfly Energy Holdings was 10.22. The lowest was 3.87. And the median was 3.87.

DFLI's Price-to-Net-Current-Asset-Value is ranked worse than
77.23% of 2148 companies
in the Industrial Products industry
Industry Median: 4.425 vs DFLI: 9.58

Dragonfly Energy Holdings Net Current Asset Value Historical Data

The historical data trend for Dragonfly Energy 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.

Dragonfly Energy Holdings Net Current Asset Value Chart

Dragonfly Energy Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
0.12 0.13 -0.10 0.14

Dragonfly Energy Holdings Quarterly Data
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 -0.10 0.37 0.21 0.08 0.14

Competitive Comparison of Dragonfly Energy Holdings's Net Current Asset Value

For the Electrical Equipment & Parts subindustry, Dragonfly Energy 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.


Dragonfly Energy Holdings's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Dragonfly Energy Holdings Net Current Asset Value Calculation

Dragonfly Energy Holdings'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)
=(55.92-47.292-0-0)/60.2603
=0.14

Dragonfly Energy 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)
=(55.92-47.292-0-0)/60.2603
=0.14

* 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.


Dragonfly Energy Holdings  (NAS:DFLI) 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.


Dragonfly Energy Holdings Net Current Asset Value Related Terms

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Dragonfly Energy Holdings (Dragonfly Energy Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1190 Trademark Drive, No. 108, Reno, NV, USA, 89521
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development.
Executives
Wade Seaburg officer: Chief Revenue Officer C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds director 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows director C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd. 10 percent owner A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns officer: Senior VP of Marketing 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell officer: Controller 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey officer: Gen Counsel,Comp Off,Corp Sec 1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols officer: Chief Operating Officer 1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares director, 10 percent owner, officer: President and CEO 1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti officer: Chief Financial Officer 3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar director 17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004

Dragonfly Energy Holdings (Dragonfly Energy Holdings) Headlines

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