Calamos Strategic Total Return Fund Balance Sheet Health
Financial Health criteria checks 1/6
Calamos Strategic Total Return Fund has a total shareholder equity of $2.2B and total debt of $1.1B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $3.3B and $1.1B respectively.
Key information
52.2%
Debt to equity ratio
US$1.12b
Debt
| Interest coverage ratio | 0.8x |
| Cash | n/a |
| Equity | US$2.15b |
| Total liabilities | US$1.14b |
| Total assets | US$3.29b |
Recent financial health updates
No updates
Recent updates
CSQ: Best Of Both Worlds? Solid 8% Income And Capital Appreciation
Feb 18CSQ: Solid Performance And Sustainable Distribution
Jan 13Calamos Strategic Total Return Fund declares $0.1025 dividend
Sep 02CSQ: Attractive Distribution Paid Monthly, But Valuation Pushing Higher
Aug 08Calamos Strategic Total Return Fund declares $0.1025 dividend
Aug 02Calamos Strategic Total Return: The Manager's Best Performer
May 16CSQ: Sell-Off Pushes This Fund To A 7.2% Distribution Yield
Jan 25CSQ: Strong Performance From This Equity And Convertible Hybrid Fund
Aug 27Calamos Strategic Total Return Fund declares $0.1025 dividend
Feb 01Calamos Strategic Total Return Fund declares $0.0925 dividend
Dec 02Financial Position Analysis
Short Term Liabilities: CSQ's short term assets ($86.9M) exceed its short term liabilities ($16.8M).
Long Term Liabilities: CSQ's short term assets ($86.9M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CSQ's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: CSQ's debt to equity ratio has increased from 50.3% to 52.2% over the past 5 years.
Debt Coverage: CSQ's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: CSQ's interest payments on its debt are not well covered by EBIT (0.8x coverage).