GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Credit Suisse High Yield Bond Fund (AMEX:DHY) » Definitions » Owner Earnings per Share (TTM)

Credit Suisse High Yield Bond Fund (Credit Suisse High Yield Bond Fund) Owner Earnings per Share (TTM) : 0.00 (As of Oct. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Credit Suisse High Yield Bond Fund Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Credit Suisse High Yield Bond Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Credit Suisse High Yield Bond Fund's Owner Earnings per Share (TTM) or its related term are showing as below:



DHY's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.32
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Credit Suisse High Yield Bond Fund's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was $0.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $0.21. It's PE Ratio ratio for today is 9.35.

Credit Suisse High Yield Bond Fund's EPS without NRI for the six months ended in Oct. 2023 was $0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2023 was $0.21. It's PE Ratio without NRI ratio for today is 9.35.


Credit Suisse High Yield Bond Fund Owner Earnings per Share (TTM) Historical Data

The historical data trend for Credit Suisse High Yield Bond Fund's Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Chart

Credit Suisse High Yield Bond Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of Credit Suisse High Yield Bond Fund's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Credit Suisse High Yield Bond Fund's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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-Owner-Earnings Distribution in the Asset Management Industry

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

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



Credit Suisse High Yield Bond Fund Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Credit Suisse High Yield Bond Fund does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Credit Suisse High Yield Bond Fund Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Credit Suisse High Yield Bond Fund's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


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

From GuruFocus

Credit Suisse High Yield Bond Fund's Dividend Analysis

By GuruFocus Research 10-16-2023

Credit Suisse High Yield Bond Fund Announces Monthly Dividend

By Julie Young Julie Young 10-05-2017