Credit Suisse High Yield Bond Fund Balance Sheet Health
Financial Health criteria checks 5/6
Credit Suisse High Yield Bond Fund has a total shareholder equity of $210.2M and total debt of $80.0M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are $307.5M and $97.4M respectively. Credit Suisse High Yield Bond Fund's EBIT is $22.9M making its interest coverage ratio 4.5. It has cash and short-term investments of $225.1K.
Key information
38.1%
Debt to equity ratio
US$80.00m
Debt
Interest coverage ratio | 4.5x |
Cash | US$225.07k |
Equity | US$210.17m |
Total liabilities | US$97.35m |
Total assets | US$307.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHY's short term assets ($17.4M) do not cover its short term liabilities ($97.4M).
Long Term Liabilities: DHY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DHY's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: DHY's debt to equity ratio has reduced from 46.6% to 38.1% over the past 5 years.
Debt Coverage: DHY's debt is well covered by operating cash flow (39.3%).
Interest Coverage: DHY's interest payments on its debt are well covered by EBIT (4.5x coverage).