GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleDown Interactive Co Ltd (NAS:DDI) » Definitions » Net Current Asset Value

DoubleDown Interactive Co (DoubleDown Interactive Co) Net Current Asset Value : $4.85 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is DoubleDown Interactive Co 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).

DoubleDown Interactive Co's net current asset value per share for the quarter that ended in Dec. 2023 was $4.85.

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

DDI' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.52   Med: 2.85   Max: 4.65
Current: 2.19

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of DoubleDown Interactive Co was 4.65. The lowest was 1.52. And the median was 2.85.

DDI's Price-to-Net-Current-Asset-Value is ranked better than
70.79% of 380 companies
in the Interactive Media industry
Industry Median: 4.095 vs DDI: 2.19

DoubleDown Interactive Co Net Current Asset Value Historical Data

The historical data trend for DoubleDown Interactive Co'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.

DoubleDown Interactive Co Net Current Asset Value Chart

DoubleDown Interactive Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial -7.41 -0.38 3.33 2.97 4.85

DoubleDown Interactive Co 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 2.97 3.57 4.22 4.90 4.85

Competitive Comparison of DoubleDown Interactive Co's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, DoubleDown Interactive Co'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.


DoubleDown Interactive Co's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleDown Interactive Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



DoubleDown Interactive Co Net Current Asset Value Calculation

DoubleDown Interactive Co'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)
=(315.754-75.454-0.157-0)/49.5534
=4.85

DoubleDown Interactive Co'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)
=(315.754-75.454-0.157-0)/49.5534
=4.85

* 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.


DoubleDown Interactive Co  (NAS:DDI) 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.


DoubleDown Interactive Co Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of DoubleDown Interactive Co's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Traded in Other Exchanges
Address
152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236
DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.