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Iveda Solutions (Iveda Solutions) Net Current Asset Value : $0.21 (As of Mar. 2024)


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What is Iveda Solutions 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).

Iveda Solutions's net current asset value per share for the quarter that ended in Mar. 2024 was $0.21.

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

IVDA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.93   Med: 2.6   Max: 80
Current: 3.05

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Iveda Solutions was 80.00. The lowest was 0.93. And the median was 2.60.

IVDA's Price-to-Net-Current-Asset-Value is ranked better than
60.31% of 577 companies
in the Business Services industry
Industry Median: 4.27 vs IVDA: 3.05

Iveda Solutions Net Current Asset Value Historical Data

The historical data trend for Iveda Solutions'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.

Iveda Solutions Net Current Asset Value Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -0.61 -0.11 0.48 0.28

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.42 0.35 0.28 0.21

Competitive Comparison of Iveda Solutions's Net Current Asset Value

For the Security & Protection Services subindustry, Iveda Solutions'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.


Iveda Solutions's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Iveda Solutions Net Current Asset Value Calculation

Iveda Solutions'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)
=(5.926-1.459-0-0)/16.1699
=0.28

Iveda Solutions'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)
=(5.279-1.957--0.11-0)/16.1699
=0.21

* 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.


Iveda Solutions  (NAS:IVDA) 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.


Iveda Solutions Net Current Asset Value Related Terms

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Iveda Solutions (Iveda Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
Executives
Joe Farnsworth director 460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung officer: President 7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc director 7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon officer: CFO/Exec. V.P. 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling officer: CFO/Treasurer 1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg officer: Chief Operating Officer & CMO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen director 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson officer: SVP of Global Sales & Support 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis officer: Controller 1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly director, 10 percent owner, officer: President and CEO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo officer: See remarks 210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh 10 percent owner 117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach officer: Chief Financial Officer C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210