Western Asset High Income Opportunity Fund Balance Sheet Health
Financial Health criteria checks 6/6
Western Asset High Income Opportunity Fund has a total shareholder equity of $402.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $406.5M and $4.1M respectively. Western Asset High Income Opportunity Fund's EBIT is $32.4M making its interest coverage ratio 579141.3. It has cash and short-term investments of $330.3K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 579141.3x |
| Cash | US$330.35k |
| Equity | US$402.35m |
| Total liabilities | US$4.14m |
| Total assets | US$406.49m |
Recent financial health updates
No updates
Recent updates
HIO: Junk Bond Focus Better Than Floaters For Rate Cuts
Mar 22HIO: High-Yield CEF With International Exposure
Nov 26HIO: Limited Protection Against A Resurgence Of Inflation And Limited Upside Potential
Sep 06HIO: Non-Leveraged High-Yield Focused CEF
Jun 09HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield
Jan 18HIO: Unleveraged Fund With A Leveraged Performance
Jan 07Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Dec 20Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Oct 20Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Sep 21Western Asset High Income Opportunity Fund goes ex-dividend tomorrow
Aug 22Financial Position Analysis
Short Term Liabilities: HIO's short term assets ($10.1M) exceed its short term liabilities ($4.1M).
Long Term Liabilities: HIO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HIO is debt free.
Reducing Debt: HIO has not had any debt for past 5 years.
Debt Coverage: HIO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HIO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 10:27 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
Western Asset High Income Opportunity Fund Inc. is covered by 1 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.
| Analyst | Institution |
|---|---|
| Kristoph Rollenhagen | Oppenheimer & Co. Inc. |