Western Asset Global High Income Fund Balance Sheet Health
Financial Health criteria checks 2/6
Western Asset Global High Income Fund has a total shareholder equity of $162.8M and total debt of $70.0M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $243.1M and $80.3M respectively. Western Asset Global High Income Fund's EBIT is $19.5M making its interest coverage ratio 4.2. It has cash and short-term investments of $377.5K.
Key information
43.0%
Debt to equity ratio
US$70.00m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$377.49k |
| Equity | US$162.83m |
| Total liabilities | US$80.29m |
| Total assets | US$243.12m |
Recent financial health updates
No updates
Recent updates
EHI: Global Portfolio Should Outperform, But This Fund Is A Long-Term Play
Jan 25EHI: High-Yielding Bond Portfolio, Attractive Despite Premium Pricing
Sep 01Western Asset Global High Income Fund dividend goes ex-dividend tomorrow
Dec 20Western Asset Global High Income Fund goes ex dividend tomorrow
Sep 21Western Asset Global High Income Fund declares $0.067 dividend
Nov 17Financial Position Analysis
Short Term Liabilities: EHI's short term assets ($5.3M) do not cover its short term liabilities ($74.8M).
Long Term Liabilities: EHI's short term assets ($5.3M) do not cover its long term liabilities ($5.5M).
Debt to Equity History and Analysis
Debt Level: EHI's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: EHI's debt to equity ratio has increased from 40.2% to 43% over the past 5 years.
Debt Coverage: EHI's debt is well covered by operating cash flow (57.9%).
Interest Coverage: EHI's interest payments on its debt are well covered by EBIT (4.2x coverage).