PIMCO New York Municipal Income Fund III Balance Sheet Health
Financial Health criteria checks 1/6
PIMCO New York Municipal Income Fund III has a total shareholder equity of $37.7M and total debt of $25.9M, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are $64.0M and $26.2M respectively. PIMCO New York Municipal Income Fund III's EBIT is $2.3M making its interest coverage ratio 2.6. It has cash and short-term investments of $1.6M.
Key information
68.69%
Debt to equity ratio
US$25.92m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$1.60m |
| Equity | US$37.73m |
| Total liabilities | US$26.24m |
| Total assets | US$63.98m |
Recent financial health updates
No updates
Recent updates
PIMCO New York Municipal Income Fund III declares $0.0248 dividend
Feb 09PIMCO New York Municipal Income Fund III declares $0.0355 dividend
Dec 08PIMCO New York Municipal Income Fund III declares $0.0355 dividend
Nov 04PIMCO New York Municipal Income Fund III declares $0.0354 dividend
Oct 03PIMCO New York Municipal Income Fund III declares $0.0354 dividend
Sep 02PIMCO New York Municipal Income Fund III declares $0.0354 dividend
Aug 02PIMCO New York Municipal Income Fund III goes ex-dividend tomorrow
Jul 07Financial Position Analysis
Short Term Liabilities: PYN's short term assets ($2.2M) exceed its short term liabilities ($190.0K).
Long Term Liabilities: PYN's short term assets ($2.2M) do not cover its long term liabilities ($26.1M).
Debt to Equity History and Analysis
Debt Level: PYN's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: PYN's debt to equity ratio has increased from 24% to 68.7% over the past 5 years.
Debt Coverage: PYN's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: PYN's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 11:39 |
| End of Day Share Price | 2025/05/19 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
PIMCO New York Municipal Income Fund III is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.