Highland Global Allocation Fund

NYSE:HGLB Stock Report

Market Cap: US$184.4m

Highland Global Allocation Fund Balance Sheet Health

Financial Health criteria checks 0/6

Insufficient data to determine the health of Highland Global Allocation Fund

Key information

n/a

Debt to equity ratio

n/a

Debt

Interest coverage ration/a
Cashn/a
Equityn/a
Total liabilitiesn/a
Total assetsn/a

Recent financial health updates

No updates

Recent updates

HGLB: 12%-Plus Yield, 33% Discount

Mar 28

HGLB: Tempting 12.5% Yield, Trading At A Substantial Discount To NAV

Aug 02

HGLB: High-Yielding Global Balanced CEF Beating The Broader Market

Jan 12

Highland Global Allocation Fund raises dividend by 4% to $0.084

Jan 04

Highland Global Allocation Fund declares $0.081 dividend

Oct 04

Highland Global Allocation Fund goes ex-dividend tomorrow

Sep 21

HGLB: Global CEF With A 9.4% Yield But High Single Name Concentration

Aug 29

Highland Global Allocation Fund goes ex-dividend tomorrow

Aug 22

Highland Global Allocation Fund declares $0.081 dividend

Jul 05

HGLB Is An Interesting Global Allocation CEF, But Not My Cup Of Tea

Jul 26

In this section we usually analyse Highland Global Allocation Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Highland Global Allocation Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if HGLB's short term assets cover its short term liabilities.

Long Term Liabilities: Insufficient data to determine if HGLB's short term assets cover its long term liabilities.


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate HGLB's net debt to equity ratio to determine if it is satisfactory.

Reducing Debt: Insufficient data to determine if HGLB's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if HGLB's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if HGLB's interest payments on its debt are well covered by EBIT.


Balance Sheet

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 13:30
End of Day Share Price 2025/05/09 00:00
EarningsN/A
Annual EarningsN/A

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Highland Global Allocation Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.