Switch to:
SPDR Dow Jones Industrial Average  (ARCA:DIA) Net Cash per Share: $0.00 (As of . 20)

Net cash per share is calculated as Cash And Cash Equivalents minus Total Liabilities and then divided by Shares Outstanding (Diluted Average). SPDR Dow Jones Industrial Average's net cash per share for the quarter that ended in . 20 was $0.00.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

SPDR Dow Jones Industrial Average Annual Data

Net Cash per Share

SPDR Dow Jones Industrial Average Semi-Annual Data

Net Cash per Share

Competitive Comparison
* 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.


Calculation

In the calculation of a company's net cash, 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. But sometimes a company's price may be lower than its net-cash.

SPDR Dow Jones Industrial Average's Net Cash Per Share for the fiscal year that ended in . 20 is calculated as

SPDR Dow Jones Industrial Average's Net Cash Per Share for the quarter that ended in . 20 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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. GuruFocus also publishes a monthly Net-Net newsletter.


Related Terms


Headlines

From the Internet

DIA
Sentiment Speaks Bearishness Still Sells Market

- Seekingalpha 2017-10-22 08:00:08

DIA
Investment Strategy Outlook October 19 2017

- Seekingalpha 2017-10-22 05:00:55

DIA
Friday Ge Fiasco Exposes Fluff Fueled Market

- Seekingalpha 2017-10-22 04:53:25

DIA
Weighing Week Ahead Fear

- Seekingalpha 2017-10-22 03:42:05

DIA
America Becoming Productive

- Seekingalpha 2017-10-22 01:35:24

DIA
Gollums

- Seekingalpha 2017-10-21 12:33:40

DIA
Markets Rally U S Takes Step Toward Tax Reform

- Seekingalpha 2017-10-21 03:12:08

DIA
Hits Keep Coming S And P 500

- Seekingalpha 2017-10-20 16:25:21

DIA
Cape Vix Ratio Tells U S Likely Looming Ahead

- Seekingalpha 2017-10-20 15:18:39

DIA
Market Volatility Bulletin Amazon Blame Low Inflation

- Seekingalpha 2017-10-20 15:07:47

DIA
Economist Lynn Reaser U S Economy Signs Bubble

- Seekingalpha 2017-10-20 14:22:44

DIA
Little Market

- Seekingalpha 2017-10-20 12:33:14

DIA
Investors Ignore May Biggest Policy Error History

- Seekingalpha 2017-10-20 11:47:53

DIA
Low Yields Imply Bond Allocations

- Seekingalpha 2017-10-20 11:15:14

DIA
Fabulous Friday Finish Markets Make New Highs

- Seekingalpha 2017-10-20 10:00:23

DIA
Fast Track on Tax Cuts? GE Posts Q3 Fail

- Zacks 2017-10-20 09:18:00

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK