Western Asset Investment Grade Income Fund Balance Sheet Health
Financial Health criteria checks 6/6
Western Asset Investment Grade Income Fund has a total shareholder equity of $122.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $122.9M and $172.7K respectively. Western Asset Investment Grade Income Fund's EBIT is $6.0M making its interest coverage ratio 1529.3. It has cash and short-term investments of $71.7K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1529.3x |
| Cash | US$71.68k |
| Equity | US$122.72m |
| Total liabilities | US$172.74k |
| Total assets | US$122.89m |
Recent financial health updates
No updates
Recent updates
PAI: Robust Corporate Bond CEF, But Spreads Are Too Low
Jan 30PAI: Discount Narrows But Continuing To Hold
Nov 01PAI: Fed Turns Dovish, What's Next For This Bond Fund?
Sep 19PAI: Conservative Way To Play Future Rate Cuts
Jul 02PAI: Bonds And The Fed May Still Be Too Optimistic
Mar 22PAI: Investment-Grade Focused Fund Sees Another Distribution Bump
Dec 15PAI: Yield Is Too Low, Just Buy Treasuries
Oct 02WDI And PAI: Attractively Discounted And Delivering Investors Income
Jul 17Financial Position Analysis
Short Term Liabilities: PAI's short term assets ($2.0M) exceed its short term liabilities ($172.7K).
Long Term Liabilities: PAI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PAI is debt free.
Reducing Debt: PAI has not had any debt for past 5 years.
Debt Coverage: PAI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAI 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 | 2025/05/21 15:18 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Management | 10 years |
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| 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 Investment Grade Income 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. |