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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Net Cash per Share : $-0.09 (As of Dec. 2023)


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What is Adams Diversified Equity 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). Adams Diversified Equity Fund's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.09.

The historical rank and industry rank for Adams Diversified Equity Fund's Net Cash per Share or its related term are showing as below:

ADX's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

Adams Diversified Equity Fund Net Cash per Share Historical Data

The historical data trend for Adams Diversified Equity 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.

Adams Diversified Equity Fund Net Cash per Share Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.25 -0.06 -0.25 -0.23 -0.09

Adams Diversified Equity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.25 -0.36 -0.23 -0.14 -0.09

Competitive Comparison of Adams Diversified Equity Fund's Net Cash per Share

For the Asset Management subindustry, Adams Diversified Equity 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.


Adams Diversified Equity Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Adams Diversified Equity Fund's Price-to-Net-Cash falls into.



Adams Diversified Equity 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.

Adams Diversified Equity Fund's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.253+0-11.012-0)/124.028
=-0.09

Adams Diversified Equity Fund's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.253+0-11.012-0)/124.028
=-0.09

* 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.


Adams Diversified Equity Fund  (NYSE:ADX) 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.


Adams Diversified Equity Fund Net Cash per Share Related Terms

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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

Adams Diversified Equity Fund (Adams Diversified Equity Fund) Headlines