GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Premier Bond Fund (NYSE:WEA) » Definitions » Enterprise Value

Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Enterprise Value : $176.01 Mil (As of Jun. 03, 2024)


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

What is Western Asset Premier Bond Fund Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Western Asset Premier Bond Fund's Enterprise Value is $176.01 Mil. Western Asset Premier Bond Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12.75 Mil. Therefore, Western Asset Premier Bond Fund's EV-to-Revenue ratio for today is 13.81.


Western Asset Premier Bond Fund Enterprise Value Historical Data

The historical data trend for Western Asset Premier Bond Fund's Enterprise 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.

Western Asset Premier Bond Fund Enterprise Value Chart

Western Asset Premier Bond Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial 238.24 236.12 240.58 195.35 177.08

Western Asset Premier Bond Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 240.58 195.95 195.35 169.38 177.08

Competitive Comparison of Western Asset Premier Bond Fund's Enterprise Value

For the Asset Management subindustry, Western Asset Premier Bond Fund's Enterprise Value, along with its competitors' market caps and Enterprise 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.


Western Asset Premier Bond Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Premier Bond Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Western Asset Premier Bond Fund's Enterprise Value falls into.



Western Asset Premier Bond Fund Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Western Asset Premier Bond Fund's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Western Asset Premier Bond Fund's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


Western Asset Premier Bond Fund  (NYSE:WEA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Western Asset Premier Bond Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=176.009/12.749
=13.81

Western Asset Premier Bond Fund's current Enterprise Value is $176.01 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Western Asset Premier Bond Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12.75 Mil.

* 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.


Western Asset Premier Bond Fund Enterprise Value Related Terms

Thank you for viewing the detailed overview of Western Asset Premier Bond Fund's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Premier Bond Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The Fund invests in sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.
Executives
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Siart William E B director 266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202