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 $124.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $124.8M and $157.0K respectively. Western Asset Investment Grade Income Fund's EBIT is $5.8M making its interest coverage ratio 1477.6. It has cash and short-term investments of $8.7K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1477.6x |
| Cash | US$8.67k |
| Equity | US$124.68m |
| Total liabilities | US$156.96k |
| Total assets | US$124.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PAI's short term assets ($1.9M) exceed its short term liabilities ($157.0K).
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.