TCW Strategic Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
TCW Strategic Income Fund has a total shareholder equity of $241.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $306.1M and $64.7M respectively. TCW Strategic Income Fund's EBIT is $13.9M making its interest coverage ratio 196.5. It has cash and short-term investments of $11.9K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 196.5x |
| Cash | US$11.94k |
| Equity | US$241.40m |
| Total liabilities | US$64.69m |
| Total assets | US$306.08m |
Recent financial health updates
No updates
Recent updates
TSI: Time To Buy Mortgages
Jul 09TCW Strategic Income Fund declares $0.06 dividend & special year-end distribution of $0.0125
Dec 16TCW Strategic Income Fund declares $0.06 dividend
Sep 16TSI: Old School Fixed Income CEF
Sep 07TCW Strategic Income Fund declares $0.055 dividend
Jun 16TCW Strategic Income Fund cuts dividend by ~41%
Dec 17Financial Position Analysis
Short Term Liabilities: TSI's short term assets ($10.2M) do not cover its short term liabilities ($64.7M).
Long Term Liabilities: TSI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TSI is debt free.
Reducing Debt: TSI had no debt 5 years ago.
Debt Coverage: TSI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSI has no debt, therefore coverage of interest payments is not a concern.