PIMCO Municipal Income Fund II Balance Sheet Health
Financial Health criteria checks 5/6
PIMCO Municipal Income Fund II has a total shareholder equity of $838.6M and total debt of $131.5M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $980.9M and $142.3M respectively. PIMCO Municipal Income Fund II's EBIT is $40.6M making its interest coverage ratio 6.6. It has cash and short-term investments of $1,000.0.
Key information
15.7%
Debt to equity ratio
US$131.49m
Debt
Interest coverage ratio | 6.6x |
Cash | US$1.00k |
Equity | US$838.58m |
Total liabilities | US$142.34m |
Total assets | US$980.92m |
Recent financial health updates
No updates
Recent updates
PML: The Macro-Environment Keeps Pressuring This Option
Sep 20PML: We Still Need To Be Careful With Leverage
Feb 20PIMCO Municipal Income Fund II declares $0.0395 dividend
Feb 09PIMCO Municipal Income Fund II decreases monthly dividend by -33.1% to $0.0395 /share
Jan 04PIMCO Municipal Income Fund II declares $0.059 dividend
Dec 08PIMCO Municipal Income Fund II declares $0.059 dividend
Oct 03PIMCO Municipal Income Fund II declares $0.059 dividend
Sep 02PIMCO Municipal Income Fund II goes ex-dividend tomorrow
Jul 07PML: Consistently Too Expensive To Consider
Jun 06PML: Keeping A Neutral Stance In Place For 2022
Dec 20PML: Still Too Expensive, Relative Value Exists Elsewhere
May 29PIMCO Municipal Income Fund II declares $0.059 dividend
May 07PML: Despite Recent Gains, I Can't Give This Fund My Blessing
Feb 04PIMCO Municipal Income Fund II declares $0.059 dividend
Jan 04PIMCO Municipal Income Fund II declares $0.059 dividend
Dec 02PIMCO Municipal Income Fund II declares $0.059 dividend
Nov 04PML Remains Too Expensive For My Taste
Nov 02Financial Position Analysis
Short Term Liabilities: PML's short term assets ($10.8M) exceed its short term liabilities ($10.3M).
Long Term Liabilities: PML's short term assets ($10.8M) do not cover its long term liabilities ($132.1M).
Debt to Equity History and Analysis
Debt Level: PML's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: PML's debt to equity ratio has reduced from 35.9% to 15.7% over the past 5 years.
Debt Coverage: PML's debt is well covered by operating cash flow (87.7%).
Interest Coverage: PML's interest payments on its debt are well covered by EBIT (6.6x coverage).