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.

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

 Net Cash Per Share (A: . 20 ) = (Cash And Cash Equivalents - Total Liabilities) / Shares Outstanding (Diluted Average) = ( - N/A) / 0 = N/A

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

 Net Cash Per Share (Q: . 20 ) = (Cash And Cash Equivalents - Total Liabilities) / Shares Outstanding (Diluted Average) = ( - N/A) / 0 = N/A

* 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

From the Internet

###### Technically Speaking Danger Performance Chasing

- Seekingalpha 2017-09-19 12:26:07

###### Oh Deere

- Seekingalpha 2017-09-19 11:26:32

###### Big Picture Charts

- Seekingalpha 2017-09-19 11:10:39

###### Market Volatility Bulletin Homeward Bound

- Seekingalpha 2017-09-19 10:34:48

###### Daily State Markets Negative Seasonality Thing

- Seekingalpha 2017-09-19 10:13:36

###### Markets Upside Ahead Fed Meeting Rate Hike Seen Unlikely

- Seekingalpha 2017-09-19 10:09:21

###### Thing Will End Bull Market

- Seekingalpha 2017-09-19 09:32:04

###### Debt Ceiling Delay Irma Lift S And P 2500

- Seekingalpha 2017-09-19 09:02:20

###### Crush Market Shorting Volatility

- Seekingalpha 2017-09-19 09:01:53

###### Feds Likely Start Great Unwinding Wednesday Worry

- Seekingalpha 2017-09-19 08:47:48

###### U S Weekly Fundflows Insight Report Fund Investors Remain Risk Averse Week

- Seekingalpha 2017-09-19 08:00:06

###### Market Uptrend Trends Tend Persist

- Seekingalpha 2017-09-19 05:43:36

###### Competition Within Existing Asset Pies Video

- Seekingalpha 2017-09-19 03:00:03

###### September Supposed Bad Month Stocks

- Seekingalpha 2017-09-19 02:39:45

###### Using Systemic Risk Beat Market

- Seekingalpha 2017-09-18 19:21:42

###### U S Stock Market 5 Reasons Cautious

- Seekingalpha 2017-09-18 18:54:24

###### Unruly Digital Currency Market Gets Hand Status Quo Tries Step

- Seekingalpha 2017-09-18 17:42:00

###### Golds Retreat Feds Balance Sheet

- Seekingalpha 2017-09-18 14:57:05

###### Market Volatility Bulletin Vol Ready Retire

- Seekingalpha 2017-09-18 14:32:07

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)