PIMCO & Income Strategy Fund Balance Sheet Health
Financial Health criteria checks 4/6
PIMCO & Income Strategy Fund has a total shareholder equity of $623.2M and total debt of $123.2M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $759.9M and $136.7M respectively. PIMCO & Income Strategy Fund's EBIT is $62.4M making its interest coverage ratio -328.5. It has cash and short-term investments of $3.4M.
Key information
19.8%
Debt to equity ratio
US$123.19m
Debt
| Interest coverage ratio | -328.5x |
| Cash | US$3.41m |
| Equity | US$623.23m |
| Total liabilities | US$136.69m |
| Total assets | US$759.92m |
Recent financial health updates
No updates
Recent updates
PCN: Good Bond CEF With Fully-Covered Distribution, But Huge Premium Is Problematic
Mar 20PCN: Still Not A Buy As We Look To 2024
Dec 17PCN CEF: Possible Gains In Store For The Brave
Oct 25PCN: Great Bond Fund, But Enormous Premium Presents Risks
Sep 18PCN: A Very Good CEF For Income, But The Market Is Overvaluing It
Jul 12PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Feb 09PCN: Love The Momentum, But Don't Love The Premium
Feb 03PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Jan 03PCN: Good Bond Fund But Bad Value
Dec 07PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Oct 03PCN: Much Better Entry Point Than A Year Ago
Sep 20PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Sep 01PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Aug 02PCN: A Review Of This PIMCO Multi-Sector Debt CEF
Jul 11PCN: After Some Thought, I'm Still Not A Buyer
Feb 16PCN: A Time Tested Fund With A Luxurious Price Tag
Dec 24PCN: Income Constant, Premium Still Sky-High
Sep 19PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Jun 01PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Feb 04PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Jan 04PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Dec 01PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Nov 04PIMCO Corporate & Income Strategy Fund declares $0.1125 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: PCN's short term assets ($40.2M) do not cover its short term liabilities ($129.2M).
Long Term Liabilities: PCN's short term assets ($40.2M) exceed its long term liabilities ($7.5M).
Debt to Equity History and Analysis
Debt Level: PCN's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: PCN's debt to equity ratio has increased from 14.8% to 19.8% over the past 5 years.
Debt Coverage: PCN's debt is well covered by operating cash flow (41.2%).
Interest Coverage: PCN earns more interest than it pays, so coverage of interest payments is not a concern.