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Eaton Vance Tax-advtgd Global Divid Oppo (Eaton Vance Tax-advtgd Global Divid Oppo) Net Cash per Share : $-6.52 (As of Oct. 2023)


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What is Eaton Vance Tax-advtgd Global Divid Oppo 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). Eaton Vance Tax-advtgd Global Divid Oppo's Net Cash per Share for the quarter that ended in Oct. 2023 was $-6.52.

The historical rank and industry rank for Eaton Vance Tax-advtgd Global Divid Oppo's Net Cash per Share or its related term are showing as below:

ETO's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Eaton Vance Tax-advtgd Global Divid Oppo Net Cash per Share Historical Data

The historical data trend for Eaton Vance Tax-advtgd Global Divid Oppo'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.

Eaton Vance Tax-advtgd Global Divid Oppo Net Cash per Share Chart

Eaton Vance Tax-advtgd Global Divid Oppo Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial -8.05 -6.65 -6.46 -6.34 -6.52

Eaton Vance Tax-advtgd Global Divid Oppo Semi-Annual Data
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 -6.46 -6.42 -6.34 -6.77 -6.52

Competitive Comparison of Eaton Vance Tax-advtgd Global Divid Oppo's Net Cash per Share

For the Asset Management subindustry, Eaton Vance Tax-advtgd Global Divid Oppo'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.


Eaton Vance Tax-advtgd Global Divid Oppo's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-advtgd Global Divid Oppo's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-advtgd Global Divid Oppo's Price-to-Net-Cash falls into.



Eaton Vance Tax-advtgd Global Divid Oppo 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.

Eaton Vance Tax-advtgd Global Divid Oppo'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)
=(0.032+0-106.81-0)/16.3881
=-6.52

Eaton Vance Tax-advtgd Global Divid Oppo'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)
=(0.032+0-106.81-0)/16.3881
=-6.52

* 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.


Eaton Vance Tax-advtgd Global Divid Oppo  (NYSE:ETO) 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.


Eaton Vance Tax-advtgd Global Divid Oppo Net Cash per Share Related Terms

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Eaton Vance Tax-advtgd Global Divid Oppo (Eaton Vance Tax-advtgd Global Divid Oppo) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Tax-advtgd Global Divid Oppo is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. The portfolio of investments consists of capital markets, chemicals, diversified, beverages, banks, electric utilities, oil, gas and consumable fuels, personal products, and other areas.
Executives
Derek Digregorio other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Joseph M Mehlman officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Tax-advtgd Global Divid Oppo (Eaton Vance Tax-advtgd Global Divid Oppo) Headlines