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Nerdwallet (Nerdwallet) Net Current Asset Value : $2.02 (As of Mar. 2024)


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What is Nerdwallet 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).

Nerdwallet's net current asset value per share for the quarter that ended in Mar. 2024 was $2.02.

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

NRDS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.89   Med: 7.07   Max: 9.63
Current: 6.81

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nerdwallet was 9.63. The lowest was 3.89. And the median was 7.07.

NRDS's Price-to-Net-Current-Asset-Value is ranked worse than
65.09% of 381 companies
in the Interactive Media industry
Industry Median: 4.12 vs NRDS: 6.81

Nerdwallet Net Current Asset Value Historical Data

The historical data trend for Nerdwallet'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.

Nerdwallet Net Current Asset Value Chart

Nerdwallet Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
-0.51 -0.76 2.04 1.40 1.91

Nerdwallet Quarterly Data
Dec19 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 1.68 1.75 1.79 1.91 2.02

Competitive Comparison of Nerdwallet's Net Current Asset Value

For the Internet Content & Information subindustry, Nerdwallet'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.


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

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

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



Nerdwallet Net Current Asset Value Calculation

Nerdwallet'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)
=(198.4-51.7-0-0)/76.94
=1.91

Nerdwallet'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)
=(224.2-67.4-0-0)/77.72
=2.02

* 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.


Nerdwallet  (NAS:NRDS) 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.


Nerdwallet Net Current Asset Value Related Terms

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


Nerdwallet (Nerdwallet) Business Description

Traded in Other Exchanges
Address
55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105
Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.
Executives
Maurice Kevin Taylor director 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen director, 10 percent owner, officer: Chief Executive Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann officer: Chief Business Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount officer: VP, General Manager 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine officer: Chief Product Officer 350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair officer: Chief Financial Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease officer: Chief Marketing Officer 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro director 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran director C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride director STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025

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