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Western Asset Diversifiedome Fund (Western Asset Diversifiedome Fund) Net Cash per Share : $-7.34 (As of Dec. 2023)


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What is Western Asset Diversifiedome Fund 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). Western Asset Diversifiedome Fund's Net Cash per Share for the quarter that ended in Dec. 2023 was $-7.34.

The historical rank and industry rank for Western Asset Diversifiedome Fund's Net Cash per Share or its related term are showing as below:

WDI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Cash only.

Western Asset Diversifiedome Fund Net Cash per Share Historical Data

The historical data trend for Western Asset Diversifiedome Fund'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.

Western Asset Diversifiedome Fund Net Cash per Share Chart

Western Asset Diversifiedome Fund Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-7.53 -7.28 -7.34

Western Asset Diversifiedome Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share -7.53 -7.82 -7.28 -7.69 -7.34

Competitive Comparison of Western Asset Diversifiedome Fund's Net Cash per Share

For the Asset Management subindustry, Western Asset Diversifiedome Fund'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.


Western Asset Diversifiedome Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Diversifiedome Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Western Asset Diversifiedome Fund's Price-to-Net-Cash falls into.



Western Asset Diversifiedome Fund 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.

Western Asset Diversifiedome Fund'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)
=(6.934+0-387.175-0)/51.7882
=-7.34

Western Asset Diversifiedome Fund'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)
=(6.934+0-387.175-0)/51.7882
=-7.34

* 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 Diversifiedome Fund  (NYSE:WDI) 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.


Western Asset Diversifiedome Fund Net Cash per Share Related Terms

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Western Asset Diversifiedome Fund (Western Asset Diversifiedome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Diversified Income Fund is a newly-organized, diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income.
Executives
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Ruys De Perez Charles Antony other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, 385 E. COLORADO BLVD., PASADENA CA 91101
Franklin Resources Inc other: Parent of Inv Mgr/Subadvisers FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Legg Mason Partners Fund Advisor, Llc other: Investment Manager 399 PARK AVENUE, NEW YORK NY 10022
Ted P Becker other: CCO Investment Manager 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Jeanne Kelly officer: SVP, other: SVP/Investment Mgr 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Thomas C Mandia other: Secretary Inv Mgr 300 FIRST STAMFORD PLACE, CITIGROUP ASSET MANAGEMENT, STAMFORD CT 06902
S. Kenneth Leech other: Portfolio Manager 385 EAST COLORADO BLVD, PASADENA CA 91101
Hirschmann James W Iii other: CEO/Pres. Subadviser
Western Asset Management Company, Llc other: Subadviser 385 E. COLORADO BLVD., PASADENA CA 91101
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560