Western Asset Inflation-Linked Income Fund Balance Sheet Health
Financial Health criteria checks 2/6
Western Asset Inflation-Linked Income Fund has a total shareholder equity of $215.0M and total debt of $140.0M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are $357.6M and $142.6M respectively. Western Asset Inflation-Linked Income Fund's EBIT is $14.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $478.8K.
Key information
65.1%
Debt to equity ratio
US$140.03m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$478.76k |
| Equity | US$214.99m |
| Total liabilities | US$142.57m |
| Total assets | US$357.55m |
Recent financial health updates
No updates
Recent updates
Western Asset/Claymore Inflation-Linked Securities&Income Fund declares $0.05 dividend
Feb 14Western Asset/Claymore Inflation-Linked Securities & Income Fund declares distribution of $0.247
Sep 21Western Asset/Claymore Inflation-Linked Securities&Income Fund goes ex-dividend tomorrow
Aug 22Western Asset/Claymore Inflation-Linked Securities&Income Fund goes ex dividend tomorrow
Jul 20Western Asset/Claymore Inflation-Linked Securities&Income Fund declares $0.034 dividend
May 26Western Asset/Claymore Inflation-Linked Securities&Income Fund declares $0.0295 dividend and $0.40 special cash dividend
Dec 11Financial Position Analysis
Short Term Liabilities: WIA's short term assets ($6.4M) do not cover its short term liabilities ($142.6M).
Long Term Liabilities: WIA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WIA's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: WIA's debt to equity ratio has increased from 46.1% to 65.1% over the past 5 years.
Debt Coverage: WIA's debt is well covered by operating cash flow (26.1%).
Interest Coverage: WIA's interest payments on its debt are not well covered by EBIT (1.9x coverage).