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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Net Cash per Share : $-1.98 (As of Dec. 2023)


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What is Lazard Global Total Return & Fd Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Lazard Global Total Return & Fd's Net Cash per Share for the quarter that ended in Dec. 2023 was $-1.98.

The historical rank and industry rank for Lazard Global Total Return & Fd's Net Cash per Share or its related term are showing as below:

LGI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.27
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lazard Global Total Return & Fd Net Cash per Share Historical Data

The historical data trend for Lazard Global Total Return & Fd's Net Cash per Share 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.

Lazard Global Total Return & Fd Net Cash per Share Chart

Lazard Global Total Return & Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -2.37 -1.68 -2.48 -2.12 -1.98

Lazard Global Total Return & Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.48 -2.27 -2.12 -2.23 -1.98

Competitive Comparison of Lazard Global Total Return & Fd's Net Cash per Share

For the Asset Management subindustry, Lazard Global Total Return & Fd's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Lazard Global Total Return & Fd's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's Price-to-Net-Cash falls into.



Lazard Global Total Return & Fd Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Lazard Global Total Return & Fd's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.617+0-26.423-0)/13.0129
=-1.98

Lazard Global Total Return & Fd's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.617+0-26.423-0)/13.0129
=-1.98

* 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.


Lazard Global Total Return & Fd  (NYSE:LGI) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Lazard Global Total Return & Fd Net Cash per Share Related Terms

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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Traded in Other Exchanges
N/A
Address
30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
Executives
Christopher Snively officer: Chief Financial Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal officer: Chief Compliance Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey other: Deputy Chairman of LAM (1)
Christina M. Kennedy officer: Assistant Treasurer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg other: See comment* C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson officer: Chief Compliance Officer C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg director C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein officer: Interim CCO & Asst. Secy(1) 30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison director 40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Headlines

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