Calamos Global Total Return Fund Balance Sheet Health
Financial Health criteria checks 2/6
Calamos Global Total Return Fund has a total shareholder equity of $89.6M and total debt of $47.0M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are $137.9M and $48.4M respectively. Calamos Global Total Return Fund's EBIT is $303.7K making its interest coverage ratio 0.2. It has cash and short-term investments of $120.0.
Key information
52.5%
Debt to equity ratio
US$46.99m
Debt
Interest coverage ratio | 0.2x |
Cash | US$120.00 |
Equity | US$89.58m |
Total liabilities | US$48.36m |
Total assets | US$137.94m |
Recent financial health updates
No updates
Recent updates
CGO: Good Portfolio, But Poor Relative Performance Plagues This Global CEF
Mar 24Calamos Global Total Return Fund declines by -20% to $0.08/share
Oct 03Calamos Global Total Return Fund declares $0.10 dividend
Sep 02Calamos Global Total Return Fund declares $0.10 dividend
Aug 02CGO: Premium Rises Amid Portfolio Declines
Jul 23CGO: Distribution Yield Is Up But Due To Uncertainty Increasing
Mar 01CGO: Global Focus, 7.61% Distribution Yield
Oct 25Calamos Global Total Return Fund declares $0.10 dividend
Feb 01Calamos Global Total Return Fund declares $0.10 dividend
Dec 02Calamos Global Total Return Fund goes ex-dividend tomorrow
Nov 11Financial Position Analysis
Short Term Liabilities: CGO's short term assets ($5.1M) exceed its short term liabilities ($943.9K).
Long Term Liabilities: CGO's short term assets ($5.1M) do not cover its long term liabilities ($47.4M).
Debt to Equity History and Analysis
Debt Level: CGO's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: CGO's debt to equity ratio has reduced from 54.5% to 52.5% over the past 5 years.
Debt Coverage: CGO's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: CGO's interest payments on its debt are not well covered by EBIT (0.2x coverage).