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BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) Net Cash per Share : $-6.88 (As of Oct. 2023)


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What is BrandywineGLOBAL - Globalome Opportunities 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). BrandywineGLOBAL - Globalome Opportunities Fund's Net Cash per Share for the quarter that ended in Oct. 2023 was $-6.88.

The historical rank and industry rank for BrandywineGLOBAL - Globalome Opportunities Fund's Net Cash per Share or its related term are showing as below:

BWG'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.

BrandywineGLOBAL - Globalome Opportunities Fund Net Cash per Share Historical Data

The historical data trend for BrandywineGLOBAL - Globalome Opportunities 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.

BrandywineGLOBAL - Globalome Opportunities Fund Net Cash per Share Chart

BrandywineGLOBAL - Globalome Opportunities Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial -7.45 -7.63 -7.51 -6.97 -6.88

BrandywineGLOBAL - Globalome Opportunities Fund 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 -7.51 -7.59 -6.97 -7.11 -6.88

Competitive Comparison of BrandywineGLOBAL - Globalome Opportunities Fund's Net Cash per Share

For the Asset Management subindustry, BrandywineGLOBAL - Globalome Opportunities 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.


BrandywineGLOBAL - Globalome Opportunities Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BrandywineGLOBAL - Globalome Opportunities Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where BrandywineGLOBAL - Globalome Opportunities Fund's Price-to-Net-Cash falls into.



BrandywineGLOBAL - Globalome Opportunities 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.

BrandywineGLOBAL - Globalome Opportunities 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)
=(0.38+0-115.931-0)/16.7918
=-6.88

BrandywineGLOBAL - Globalome Opportunities 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)
=(0.38+0-115.931-0)/16.7918
=-6.88

* 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.


BrandywineGLOBAL - Globalome Opportunities Fund  (NYSE:BWG) 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.


BrandywineGLOBAL - Globalome Opportunities Fund Net Cash per Share Related Terms

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BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
BrandywineGLOBAL - Global Income Opportunities Fund Inc is a non-diversified, closed-end management investment company. The primary investment objective is to provide current income. The secondary investment objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its assets in global fixed-income securities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Gregg Gorman other: Director of Sub-Adviser 100 INTERNATIONAL DRIVE, 8TH FLOOR, BALTIMORE MD 21202
Minnesota Life Insurance Co /bd 10 percent owner 400 N ROBERT ST, ST PAUL MN 55101
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Phillip J. Gass other: SEE FOOTNOTE (4) C/O NASSAU ASSET MANAGEMENT LLC, 1 AMERICAN ROW, HARTFORD CT 06102
Nassau Asset Management Llc 10 percent owner, other: SEE FOOTNOTE (3) 1 AMERICAN ROW, HARTFORD CT 06102
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) Headlines

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