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Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Net Cash per Share : $-0.94 (As of Oct. 2023)


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What is Credit Suisse High Yield Bond 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). Credit Suisse High Yield Bond Fund's Net Cash per Share for the quarter that ended in Oct. 2023 was $-0.94.

The historical rank and industry rank for Credit Suisse High Yield Bond Fund's Net Cash per Share or its related term are showing as below:

DHY's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.83
* Ranked among companies with meaningful Price-to-Net-Cash only.

Credit Suisse High Yield Bond Fund Net Cash per Share Historical Data

The historical data trend for Credit Suisse High Yield Bond 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.

Credit Suisse High Yield Bond Fund Net Cash per Share Chart

Credit Suisse High Yield Bond Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.93 -0.79 -0.97 -1.03 -0.94

Credit Suisse High Yield Bond Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.97 -1.07 -1.03 -1.03 -0.94

Competitive Comparison of Credit Suisse High Yield Bond Fund's Net Cash per Share

For the Asset Management subindustry, Credit Suisse High Yield Bond 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.


Credit Suisse High Yield Bond Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Credit Suisse High Yield Bond Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Credit Suisse High Yield Bond Fund's Price-to-Net-Cash falls into.



Credit Suisse High Yield Bond 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.

Credit Suisse High Yield Bond Fund's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

Net Cash per Share (A: Oct. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.225+0-97.355-0)/103.514
=-0.94

Credit Suisse High Yield Bond Fund's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

Net Cash per Share (Q: Oct. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.225+0-97.355-0)/103.514
=-0.94

* 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.


Credit Suisse High Yield Bond Fund  (AMEX:DHY) 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.


Credit Suisse High Yield Bond Fund Net Cash per Share Related Terms

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Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eleven Madison Avenue, New York, NY, USA, 10010
Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment company with the objective to seek high current income and capital appreciation as a secondary objective.
Executives
Laura A Defelice other: Trustee ONE MADISON AVENUE, NEW YORK NY 10010
Thomas J. Flannery officer: Chief Investment Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Brandi Sinkovich officer: Chief Compliance Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Samantha Kappagoda other: Trustee C/O CREDIT SUISSE ASSET MANAGEMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK NY 10010
Rachael Inez Hoffman officer: Chief Compliance Officer 11 MADISON AVENUE, NEW YORK NY 10010
Antonio Muinos officer: Chief Compliance Officer ELEVEN MADISON AVENUE, 9TH AVENUE, NEW YORK NY 10010
Jason Patrick Gossett officer: Chief Compliance Officer RALEIGH LT BUILDING, MORRISVILLE NC 27560
Omar Tariq officer: CFO & Treasurer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Jeffrey E Garten other: Trustee AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Mahendra R Gupta officer: Chairman of Audit Committee, other: and Trustee WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Csam Americas Holding Corp. other: Affiliate of InvestmentAdviser ONE MADISON AVENUE, NEW YORK NY 10010
Terry Fires Bovarnick director C/O CREDIT SUISSE ASSET MANAGMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK CITY NY 10010
Lawrence Joseph Fox officer: Audit Committee Chairman &, other: Trustee C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Headlines

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