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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Owner Earnings per Share (TTM) : 0.00 (As of Oct. 2022)


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What is NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Owner Earnings per Share (TTM) or its related term are showing as below:



NBO's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 12.33
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Earnings per Share (Diluted) for the six months ended in Apr. 2023 was $1.11. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2023 was $-0.32. It's PE Ratio ratio for today is At Loss.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's EPS without NRI for the six months ended in Apr. 2023 was $1.11. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2023 was $-0.32. It's PE Ratio without NRI ratio for today is At Loss.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Owner Earnings per Share (TTM) Historical Data

The historical data trend for NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Owner Earnings per Share (TTM) 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.

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Owner Earnings per Share (TTM) Chart

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Owner Earnings per Share (TTM)
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NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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Competitive Comparison of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Owner Earnings per Share (TTM)

For the Asset Management subindustry, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Price-to-Owner-Earnings falls into.



NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

NEUBERGER BERMAN NEW YORK MUNICIPAL FUND does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of NEUBERGER BERMAN NEW YORK MUNICIPAL FUND's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


NEUBERGER BERMAN NEW YORK MUNICIPAL FUND (NEUBERGER BERMAN NEW YORK MUNICIPAL FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC. is a non-diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Bradley Tank other: CEO of Affil. of Inv. Mgr. C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Stephen Blake Miller other: Portfolio Manager C/O NEUBERGER BERMAN LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James Iselin other: Portfolio Manager C/O NEUBERGER BERMAN, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Faith Colish other: Retired Director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

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