DoubleLine Yield Opportunities Fund (DoubleLine Yield Opportunities Fund) Debt-to-Equity

: 0.26 (As of Sep. 2023)

View and export this data going back to 1990. Start your Free Trial

DoubleLine Yield Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. DoubleLine Yield Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $185.00 Mil. DoubleLine Yield Opportunities Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $723.00 Mil. DoubleLine Yield Opportunities Fund's debt to equity for the quarter that ended in Sep. 2023 was 0.26.

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 DoubleLine Yield Opportunities Fund's Debt-to-Equity or its related term are showing as below:

DLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.29 Max: 0.34
Current: 0.26

During the past 4 years, the highest Debt-to-Equity Ratio of DoubleLine Yield Opportunities Fund was 0.34. The lowest was 0.26. And the median was 0.29.

DLY's Debt-to-Equity is ranked worse than
55.53% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs DLY: 0.26

DoubleLine Yield Opportunities Fund Debt-to-Equity Historical Data

The historical data trend for DoubleLine Yield Opportunities 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.

DoubleLine Yield Opportunities Fund Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.27

0.34

0.31

0.26

DoubleLine Yield Opportunities Fund Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.34	0.35	0.31	0.26	0.26

Competitive Comparison

For the Asset Management subindustry, DoubleLine Yield Opportunities 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.

DoubleLine Yield Opportunities Fund Debt-to-Equity Distribution

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

* The bar in red indicates where DoubleLine Yield Opportunities Fund's Debt-to-Equity falls into.

DoubleLine Yield Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DoubleLine Yield Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	185)	/	722.996
	=	0.26

DoubleLine Yield Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	185)	/	722.996
	=	0.26

DoubleLine Yield Opportunities Fund (NYSE:DLY) 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.

DoubleLine Yield Opportunities Fund Debt-to-Equity Related Terms

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

DoubleLine Yield Opportunities Fund (DoubleLine Yield Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DoubleLine Yield Opportunities Fund (NYSE:DLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602

Website

https://www.doublelinefunds.com

DoubleLine Yield Opportunities Fund is organized as a non-diversified, limited-term, closed-end management investment company. The Fund's investment objective is to seek a high level of total return, with an emphasis on current income.

Executives

Lisa Chen	officer: AML Compliance Officer	C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter	other: Trustee	C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta	officer: AML Officer	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam	officer: Dir of HR for DLY's Inv Adv	C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Raymond Woolson	other: Trustee	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Jeffrey E Gundlach	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
David James Kennedy	officer: Vice President	333 SOUTH GRAND AVE 18TH FLOOR, LOS ANGELES CA 90071
Patrick Aaron Townzen	officer: Vice President	333 SOUTH GRAND AVE 18TH FLOOR, LOS ANGELES CA 90071
Every Barbara Van	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Casey Moore	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Ana Cris Santa	officer: Vice President and Secretary	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Earl A. Lariscy	officer: Vice President	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Henry V Chase	officer: See Remarks	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joseph J. Ciprari	other: Trustee	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071