PIMCO Strategic Income Fund Balance Sheet Health
Financial Health criteria checks 3/6
PIMCO Strategic Income Fund has a total shareholder equity of $200.9M and total debt of $119.9M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are $887.1M and $686.2M respectively. PIMCO Strategic Income Fund's EBIT is $24.3M making its interest coverage ratio 4.3. It has cash and short-term investments of $605.0K.
Key information
59.7%
Debt to equity ratio
US$119.91m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$605.00k |
| Equity | US$200.91m |
| Total liabilities | US$686.19m |
| Total assets | US$887.10m |
Recent financial health updates
No updates
Recent updates
RCS: A Decent Bond Fund, But Best To Wait For A Better Entry Price Given Risks
Dec 28RCS: Safest Underlying Securities, But Not A Safe Fund
Oct 22RCS: Far Too Expensive To Justify A Purchase
Sep 12RCS: No Reason For An Upgrade In The Second Half Of The Year
May 31PIMCO Strategic Income Fund declares $0.051 dividend
Feb 09PIMCO Strategic Income Fund declares $0.051 dividend
Jan 04PIMCO Strategic Income Fund declares $0.051 dividend
Dec 08PIMCO Strategic Income Fund declares $0.051 dividend
Nov 04PIMCO Strategic Income Fund declares $0.051 dividend
Oct 03PIMCO Strategic Income Fund declares $0.051 dividend
Sep 02RCS: Despite Flat Return, Value Proposition Is Much Worse
Aug 14PIMCO Strategic Income Fund declares $0.051 dividend
Aug 02RCS: 1 Of PIMCO's Poorest-Performing Income CEFs
Jun 13RCS: It Has Dropped Almost 20%, And It's Still Not Cheap
Mar 04RCS: I Still Can't Be Tempted
Nov 03RCS: Changing Make-Up, High Premium, Still A Mixed Case
Jul 01PIMCO Strategic Income Fund declares $0.051 dividend
May 07PIMCO Strategic Income Fund declares $0.051 dividend
Jan 04PIMCO Strategic Income Fund declares $0.051 dividend
Dec 02PIMCO Strategic Income Fund declares $0.051 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: RCS's short term assets ($279.9M) do not cover its short term liabilities ($686.1M).
Long Term Liabilities: RCS's short term assets ($279.9M) exceed its long term liabilities ($74.0K).
Debt to Equity History and Analysis
Debt Level: RCS's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: RCS's debt to equity ratio has reduced from 208.6% to 59.7% over the past 5 years.
Debt Coverage: RCS's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: RCS's interest payments on its debt are well covered by EBIT (4.3x coverage).