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Synacor (Synacor) Net Current Asset Value : $-0.09 (As of Dec. 2020)


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What is Synacor 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).

Synacor's net current asset value per share for the quarter that ended in Dec. 2020 was $-0.09.

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

SYNC's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.325
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Synacor Net Current Asset Value Historical Data

The historical data trend for Synacor'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.

Synacor Net Current Asset Value Chart

Synacor Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 0.11 0.13 -0.04 -0.09

Synacor Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -0.04 -0.10 -0.12 -0.16 -0.09

Competitive Comparison of Synacor's Net Current Asset Value

For the Software - Infrastructure subindustry, Synacor'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.


Synacor's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Synacor's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Synacor Net Current Asset Value Calculation

Synacor's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(A: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(26.357-29.767-0-0)/39.817
=-0.09

Synacor's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2020 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(26.357-29.767-0-0)/39.817
=-0.09

* 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.


Synacor  (NAS:SYNC) 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.


Synacor Net Current Asset Value Related Terms

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Synacor (Synacor) Business Description

Industry
Traded in Other Exchanges
N/A
Address
40 La Riviere Drive, Suite 300, Buffalo, NY, USA, 14202
Synacor Inc provides managed portals, advertising solutions, email and collaboration platforms, end-to-end video solutions and cloud-based identity management. Its customers include communications providers, media companies, government entities and enterprises. The company's operating segment includes Software and Services and Portal and Advertising. It generates maximum revenue from the Portal and Advertising segment. Geographically, it derives maximum revenue from the United States.
Executives
Marwan Fawaz director 12405 POWERSCOURT DRIVE, SAINT LOUIS MO 63131
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Kevin Rendino director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Andrew Kau director WALDEN INTERNATIONAL ONE CALIFORNIA STREET, 28TH FLOOR SAN FRANCISCO CA 94111
Michael J Montgomery director 100 WILSHIRE BOULEVARD SUITE 400 SANTA MONICA CA 90401
Timothy J Heasley officer: Chief Financial Officer 18 SANDPIPER COURT, ORCHARD PARK NY 14127
Steven M Davi officer: EVP Technology C O SEACHANGE INTERNATIONAL INC., 124 ACTON STREET, MAYNARD MA 01754
Himesh Bhise director, officer: Chief Executive Officer C/O SYNACOR, INC. 40 LA RIVIERE DRIVE BUFFALO NY 14202
Gary L Ginsberg director TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Scott Murphy director C/O SYNACOR, INC. 40 LA RIVIERE DRIVE BUFFALO NY 14202
Jordan Levy director ONE HSBC CENTER SUITE 3850 BUFFALO NY 14203
William John Stuart officer: Chief Financial Officer AVICI SYSTEMS INC. 101 BILLERICA DRIVE NORTH BILLERICA MA 01862
Tz Holdings, Inc. 10 percent owner C/O BELL NUNNALLY & MARTIN LLP 3232 MCKINNEY AVENUE, SUITE 1400 DALLAS TX 75204
George Chamoun officer: President, Sales and Marketing C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Ronald N Frankel director, officer: President &CEO 40 LARIVIERE DRIVE SUITE 300 BUFFALO NY 14202