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NET Power (NET Power) Net Current Asset Value : $-16.47 (As of Mar. 2024)


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What is NET Power 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).

NET Power's net current asset value per share for the quarter that ended in Mar. 2024 was $-16.47.

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

NPWR's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 4.28
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

NET Power Net Current Asset Value Historical Data

The historical data trend for NET Power'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.

NET Power Net Current Asset Value Chart

NET Power Annual Data
Trend Dec21 Dec22 Dec23
Net Current Asset Value
-0.90 -0.14 -14.66

NET Power Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.05 -20.96 -24.45 -14.66 -16.47

Competitive Comparison of NET Power's Net Current Asset Value

For the Specialty Industrial Machinery subindustry, NET Power'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.


NET Power's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

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

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



NET Power Net Current Asset Value Calculation

NET Power'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)
=(640.797-140.136-1545.905-0)/71.2779
=-14.66

NET Power's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(600.017-149.729-1635.9-0)/71.97
=-16.47

* 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.


NET Power  (NYSE:NPWR) 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.


NET Power Net Current Asset Value Related Terms

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NET Power (NET Power) Business Description

Traded in Other Exchanges
N/A
Address
404 Hunt Street, Suite 410, Durham, NC, USA, 27701
NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.
Executives
James Mahon officer: General Counsel C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brandon Heffinger officer: Chief Commercial Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Sk Inc. 10 percent owner 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Oxy Low Carbon Ventures, Llc director, 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Olcv Net Power, Llc director, 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Npeh, Llc 10 percent owner 406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
8 Rivers Capital, Llc 10 percent owner 406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
Brock Forrest officer: Chief Technology Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Akash S. Patel officer: Chief Financial Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Eunkyung Sung director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brian F. Allen officer: President and COO C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Carol R. Peterson director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brad Pollack director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Constellation Energy Corp 10 percent owner 1310 POINT STREET, BALTIMORE MD 21231
Constellation Energy Generation Llc 10 percent owner 200 EXELON WAY, KENNETT SQUARE PA 19348-2473