PIMCO & Income Opportunity Fund Balance Sheet Health
Financial Health criteria checks 4/6
PIMCO & Income Opportunity Fund has a total shareholder equity of $1.8B and total debt of $401.0M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are $2.2B and $452.1M respectively. PIMCO & Income Opportunity Fund's EBIT is $194.1M making its interest coverage ratio 10.4. It has cash and short-term investments of $7.5M.
Key information
22.7%
Debt to equity ratio
US$400.98m
Debt
| Interest coverage ratio | 10.4x |
| Cash | US$7.54m |
| Equity | US$1.77b |
| Total liabilities | US$452.08m |
| Total assets | US$2.22b |
Recent financial health updates
No updates
Recent updates
PTY: Strong Gains Despite Worsening Prospects, Time To Rotate Out
Apr 07PTY Has Been Holding Steady While Generating Monthly Income, Yielding Over 10%
Feb 12PTY: Buy PIMCO's Flagship CEF While Rates Stay High
Jan 31PTY: This 10% Yielder Is Underwater, But The Prospects Are Still Attractive
Dec 18PTY: Still Appealing, Yielding 10.41% At End Of The Fed's Tightening Cycle
Nov 07PTY: The Risk Profile Still Makes Me Uneasy
Oct 03PTY: Risks Lurking Behind 10% Yield
Sep 08PTY: Substantial Tail Risk Required To Slow This CEF Down
Aug 21PIMCO's PTY Is Rebounding And Still Yielding Near 10%
Aug 06PIMCO CEF Update: Is A 20% Premium Too Rich For PTY?
Jun 29A Generational Opportunity For Dividend Investors: PTY
Jun 05Will PTY Ever Return To Its Glorious Days?
May 26PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Feb 09PTY: 100 Big-Yield CEFs, These 4 Worth Considering
Jan 31PTY's Collapse Is Now A High-Yielding Opportunity Exceeding A 10.5% Yield From PIMCO
Jan 16PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Jan 04PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Dec 08PTY: 100 Big-Yield CEFs, MLPs, REITs, BDCs - These 4 Worth Considering
Nov 07PTY: Examining The Reasons Behind The Poor Performance
Nov 01PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Oct 03PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Sep 02PIMCO Corporate & Income Opportunity Fund declares $0.1188 dividend
Aug 02PIMCO Corporate & Income Opportunity Fund goes ex-dividend tomorrow
Jul 07PTY: Weathering The Storm With A Durable, Double-Digit Dividend Yield
May 13PTY: I Like The High Yield Exposure, But The Premium Remains A Real Concern
Mar 31PTY: A New Day For A Battered Closed End Fund
Jan 19PTY: A Victim Of Its Own Past Success
Dec 17PTY: 30% NAV Premium And Rising Corporate Yields Create Significant Downside Risk
Nov 25PTY: A Best-In-Class CEF With A Luxury Valuation
Oct 19PTY: Is It Really Worth The Price? Probably Not
Sep 21PTY: At What Premium To Buy
Sep 09PTY: Unprecedented 48% Premium To NAV, Not A Buy At These Levels
Aug 23PIMCO Corporate & Income Opportunity Fund declares $0.13 dividend
Feb 04PIMCO Corporate & Income Opportunity Fund declares $0.13 dividend
Jan 04PIMCO Corporate & Income Opportunity Fund declares $0.13 dividend
Dec 02PTY: Not A Good Time To Buy This High-Yield CEF
Nov 27Bill Ackman is betting big against the market again
Nov 11PIMCO Corporate & Income Opportunity Fund declares $0.13 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: PTY's short term assets ($93.8M) do not cover its short term liabilities ($424.8M).
Long Term Liabilities: PTY's short term assets ($93.8M) exceed its long term liabilities ($27.2M).
Debt to Equity History and Analysis
Debt Level: PTY's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: PTY's debt to equity ratio has increased from 16.3% to 22.7% over the past 5 years.
Debt Coverage: PTY's debt is well covered by operating cash flow (36%).
Interest Coverage: PTY's interest payments on its debt are well covered by EBIT (10.4x coverage).