GDL Fund (GDL Fund) Cash per Share : $0.01 (As of Dec. 2023)

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What is GDL Fund Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). GDL Fund's Cash per Share for the quarter that ended in Dec. 2023 was $0.01.

GDL Fund Cash per Share Historical Data

The historical data trend for GDL Fund's 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.

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GDL Fund Cash per Share Chart

GDL Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.11

0.03

0.11

0.01

GDL Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial								0.03	0.02	0.11	0.28	0.01

GDL Fund Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

GDL Fund's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	0.104	/	11.96
	=	0.01

GDL Fund's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	0.104	/	11.96
	=	0.01

GDL Fund (NYSE:GDL) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

GDL Fund Cash per Share Related Terms

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GDL Fund (GDL Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GDL Fund (NYSE:GDL) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

GDLpC.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.

Executives

Mario J Gabelli	other: Trustee	191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	other: Trustee
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gpj Retirement Partners, Llc	other: Limited Liability Company	1 CORPORATE CENTER, RYE NY 10580
Gabelli Securities Inc	other: Subsidiary of GAMCO	ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership	other: Partnership
Relative Value Partners, Llc	10 percent owner	1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062
Clarence A Davis	other: Trustee	ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Edward T Tokar	other: Trustee
Arthur V Ferrara	other: Trustee	ONE CORPORATE CENTER, RYE NY 10580