Calamos Convertible Opportunities and Income Fund Balance Sheet Health
Financial Health criteria checks 2/6
Calamos Convertible Opportunities and Income Fund has a total shareholder equity of $672.8M and total debt of $446.8M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are $1.1B and $451.8M respectively.
Key information
66.4%
Debt to equity ratio
US$446.80m
Debt
| Interest coverage ratio | 0.7x |
| Cash | n/a |
| Equity | US$672.78m |
| Total liabilities | US$451.78m |
| Total assets | US$1.12b |
Recent financial health updates
No updates
Recent updates
CHI: More Trouble Covering The Distribution Plus An Enormous Premium
Apr 23CHI: Convertible And Income Fund Providing Steady Monthly Distributions
Feb 07CHY And CHI: The Calamos Twins
Oct 12Calamos Convertible Opportunities & Income Fund declares $0.095 dividend
Sep 02Calamos Convertible Opportunities & Income Fund declares $0.095 dividend
Aug 02Calamos Convertible Opportunities & Income Fund declares $0.095 dividend
Jul 05CHI: Attractive Convertible Fund, ~8.7% Distribution Yield
Apr 22Evaluating CEFs: CHI - Now Is A Good Time To Nibble
Feb 19CHI: Attractive 7.17% Distribution Yield
Oct 27Evaluating Closed-End Funds: CHI Has The Distribution Covered But Wait For A Dip
Jul 27Calamos Convertible Opportunities & Income Fund declares $0.095 dividend
May 10Calamos Convertible Opportunities & Income Fund declares $0.095 dividend
Feb 01CHI: Strong 2020, Deep Discount Creates Buying Opportunity
Jan 10Calamos Convertible Opportunities & Income Fund declares $0.08 dividend
Dec 02Calamos Convertible Opportunities & Income Fund goes ex-dividend tomorrow
Nov 11Financial Position Analysis
Short Term Liabilities: CHI's short term assets ($34.9M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: CHI's short term assets ($34.9M) do not cover its long term liabilities ($448.6M).
Debt to Equity History and Analysis
Debt Level: CHI's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: CHI's debt to equity ratio has increased from 52.2% to 66.4% over the past 5 years.
Debt Coverage: CHI's debt is well covered by operating cash flow (20.1%).
Interest Coverage: CHI's interest payments on its debt are not well covered by EBIT (0.7x coverage).