PIMCO California Municipal Income Fund

NYSE:PCQ Stock Report

Mkt Cap: US$178.2m

PIMCO California Municipal Income Fund Balance Sheet Health

Financial Health criteria checks 4/6

PIMCO California Municipal Income Fund has a total shareholder equity of $318.8M and total debt of $36.1M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are $355.8M and $37.0M respectively.

Key information

11.3%

Debt to equity ratio

US$36.08m

Debt

Interest coverage ratio9x
Cashn/a
EquityUS$318.79m
Total liabilitiesUS$37.01m
Total assetsUS$355.80m

Recent financial health updates

No updates

Financial Position Analysis

Short Term Liabilities: PCQ's short term assets ($5.7M) do not cover its short term liabilities ($12.6M).

Long Term Liabilities: PCQ's short term assets ($5.7M) do not cover its long term liabilities ($24.4M).


Debt to Equity History and Analysis

Debt Level: PCQ's net debt to equity ratio (11.3%) is considered satisfactory.

Reducing Debt: PCQ's debt to equity ratio has reduced from 27.9% to 11.3% over the past 5 years.

Debt Coverage: PCQ's debt is well covered by operating cash flow (112.7%).

Interest Coverage: PCQ's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet