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Western Asset Global High Fd (Western Asset Global High Fd) Debt-to-Equity : 0.46 (As of Nov. 2023)


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What is Western Asset Global High Fd Debt-to-Equity?

Western Asset Global High Fd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Western Asset Global High Fd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $75.48 Mil. Western Asset Global High Fd's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $162.83 Mil. Western Asset Global High Fd's debt to equity for the quarter that ended in Nov. 2023 was 0.46.

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 Western Asset Global High Fd's Debt-to-Equity or its related term are showing as below:

EHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.44   Max: 0.56
Current: 0.46

During the past 6 years, the highest Debt-to-Equity Ratio of Western Asset Global High Fd was 0.56. The lowest was 0.34. And the median was 0.44.

EHI's Debt-to-Equity is ranked worse than
71.61% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs EHI: 0.46

Western Asset Global High Fd Debt-to-Equity Historical Data

The historical data trend for Western Asset Global High Fd'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.

Western Asset Global High Fd Debt-to-Equity Chart

Western Asset Global High Fd Annual Data
Trend May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial 0.42 0.44 0.44 0.52 0.47

Western Asset Global High Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.52 0.56 0.47 0.46

Competitive Comparison of Western Asset Global High Fd's Debt-to-Equity

For the Asset Management subindustry, Western Asset Global High Fd'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.


Western Asset Global High Fd's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Western Asset Global High Fd's Debt-to-Equity falls into.



Western Asset Global High Fd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Asset Global High Fd's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Western Asset Global High Fd's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

* 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.


Western Asset Global High Fd  (NYSE:EHI) 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.


Western Asset Global High Fd Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Western Asset Global High Fd's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Global High Fd (Western Asset Global High Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income and total return by investing in a global portfolio of securities. The fund invests in various sectors such as Consumer Discretionary, Energy, Healthcare, Industrials, materials, and others.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103