GLV (Clough Global Dividend andome Fund) Net-Net Working Capital: $-3.49 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GLV Clough Global Dividend and Income Fund GLV
30 GF Score
Price $6.45
! 8 Warning Signs
View Full Analysis

What is Clough Global Dividend andome Fund Net-Net Working Capital?

Clough Global Dividend andome Fund GLV -0.31% 30 Net-Net Working Capital is $-3.49 as of Apr. 2026. GuruFocus rates GLV with a GF Score™ of 30/100. The stock has 8 warning signs investors should review. Among 498 Asset Management companies, Clough Global Dividend andome Fund ranks worse than 200803.01% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Clough Global Dividend andome Fund's Net-Net Working Capital for the quarter that ended in Apr. 2026 was $-3.49.

The industry rank for Clough Global Dividend andome Fund's Net-Net Working Capital or its related term are showing as below:

GLV's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Clough Global Dividend andome Fund  (AMEX:GLV) Net-Net Working Capital Explanation

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Clough Global Dividend andome Fund Net-Net Working Capital Related Terms


Clough Global Dividend andome Fund Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Clough Global Dividend andome Fund's Net-Net Working Capital 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.

Clough Global Dividend andome Fund Net-Net Working Capital Chart

Clough Global Dividend andome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.94 -7.85 -2.45 -2.52 -3.34

Clough Global Dividend andome Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Net-Net Working Capital 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 -2.80 -2.52 -3.09 -3.34 -3.49

GLV vs DTF, GDO, HNNA: Net-Net Working Capital Comparison

For the Asset Management subindustry, Clough Global Dividend andome Fund's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Clough Global Dividend andome Fund Price-to-Net-Net-Working-Capital vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Dividend andome Fund's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Clough Global Dividend andome Fund's Price-to-Net-Net-Working-Capital falls into.


GLV
30GF Score
Clough Global Dividend and Income Fund GLV
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clough Global Dividend andome Fund Net-Net Working Capital Calculation

Clough Global Dividend andome Fund's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net-Net Working Capital(A: Oct. 2025 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.019+0+0.75 * 0+0.5 * 0-41.438
-0-0)/12.410
=-3.34

Clough Global Dividend andome Fund's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2026 is calculated as

Net-Net Working Capital(Q: Apr. 2026 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.022+0+0.75 * 0+0.5 * 0-43.321
-0-0)/12.410
=-3.49

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $-3.49 mean?
Clough Global Dividend andome Fund (GLV) has a Net-Net Working Capital of $-3.49 as of Apr. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Clough Global Dividend andome Fund According to the industry distribution chart, Clough Global Dividend andome Fund ranks #999999 out of 498 companies in the Asset Management industry.
Is Clough Global Dividend andome Fund's Net-Net Working Capital too high?
Clough Global Dividend andome Fund's current Net-Net Working Capital is $-3.49. Based on the distribution chart, Clough Global Dividend andome Fund ranks #999999 out of 498 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Clough Global Dividend andome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Clough Global Dividend andome Fund's Net-Net Working Capital compare to DTF and GDO?
According to the Asset Management industry distribution chart, Clough Global Dividend andome Fund ranks #999999 out of 498 companies for Net-Net Working Capital. This places Clough Global Dividend andome Fund in the lower half of its industry. The industry median Net-Net Working Capital is 6.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Asset Management company?
The median Net-Net Working Capital among Asset Management companies is 6.29, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Clough Global Dividend andome Fund For the Asset Management industry, the median Net-Net Working Capital is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clough Global Dividend andome Fund's current Net-Net Working Capital is $-3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clough Global Dividend andome Fund stock overvalued right now?
Clough Global Dividend andome Fund (GLV) has a current Net-Net Working Capital of $-3.49. The current Net-Net Working Capital is $-3.49. Clough Global Dividend andome Fund's overall GF Score™ is 30/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Clough Global Dividend andome Fund (GLV), the current Net-Net Working Capital is $-3.49 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clough Global Dividend andome Fund Business Description

Address 1700 Broadway, Suite 2100, Denver, CO, USA, 80290
Clough Global Dividend and Income Fund is a closed-ended investment management company. The fund's investment objective is to provide a high level of total return. It invests in equity and debt securities in both U.S. and non-U.S. markets of companies of any market capitalization.
30GF Score

Get the complete analysis for GLV

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.45
Price