PIMCO Highome Fund (PIMCO Highome Fund) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is PIMCO Highome Fund Debt-to-Equity?

PIMCO Highome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. PIMCO Highome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $128.92 Mil. PIMCO Highome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $704.73 Mil. PIMCO Highome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PIMCO Highome Fund's Debt-to-Equity or its related term are showing as below:

PHK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.28 Max: 0.56
Current: 0.18

During the past 7 years, the highest Debt-to-Equity Ratio of PIMCO Highome Fund was 0.56. The lowest was 0.12. And the median was 0.28.

PHK's Debt-to-Equity is ranked better than
52.81% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs PHK: 0.18

PIMCO Highome Fund Debt-to-Equity Historical Data

The historical data trend for PIMCO Highome Fund's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PIMCO Highome Fund Debt-to-Equity Chart

PIMCO Highome Fund Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jun22

Jun23

Debt-to-Equity

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0.31

0.32

0.56

0.35

0.12

PIMCO Highome Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.56	0.35	0.28	0.12	0.18

Competitive Comparison of PIMCO Highome Fund's Debt-to-Equity

For the Asset Management subindustry, PIMCO Highome Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PIMCO Highome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCO Highome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PIMCO Highome Fund's Debt-to-Equity falls into.

PIMCO Highome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PIMCO Highome Fund's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	82.194)	/	667.041
	=	0.12

PIMCO Highome Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	128.915)	/	704.727
	=	0.18

PIMCO Highome Fund (NYSE:PHK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PIMCO Highome Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PIMCO Highome Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PIMCO Highome Fund (PIMCO Highome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO High Income Fund (NYSE:PHK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.pimco.com

PIMCO High Income Fund is a closed-end management investment company. The company's primary investment objective is to seek high current income. Its secondary objective is to seek capital appreciation.

Executives

Giang Huong Bui	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bank Of America Corp /de/	other: Former 10% Owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na	other: Former 10% Owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Maria Marchenko Golota	officer: ASSISTANT TREASURER	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner	other: SEE REMARKS	650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill	officer: Vice President	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee	officer: Vice President	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney	director	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber	officer: VICE PRESIDENT	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic	officer: Vice President	C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

PIMCO Highome Fund (PIMCO Highome Fund) Headlines

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