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KKRome Opportunities Fund (KKRome Opportunities Fund) Debt-to-Equity : 0.45 (As of Oct. 2023)


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What is KKRome Opportunities Fund Debt-to-Equity?

KKRome Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. KKRome Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $155.36 Mil. KKRome Opportunities Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $342.36 Mil. KKRome Opportunities Fund's debt to equity for the quarter that ended in Oct. 2023 was 0.45.

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

KIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.45   Max: 0.48
Current: 0.45

During the past 7 years, the highest Debt-to-Equity Ratio of KKRome Opportunities Fund was 0.48. The lowest was 0.32. And the median was 0.45.

KIO's Debt-to-Equity is ranked worse than
71.08% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs KIO: 0.45

KKRome Opportunities Fund Debt-to-Equity Historical Data

The historical data trend for KKRome 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.

KKRome Opportunities Fund Debt-to-Equity Chart

KKRome Opportunities Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial 0.32 0.45 0.39 0.48 0.45

KKRome Opportunities Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.49 0.48 0.34 0.45

Competitive Comparison of KKRome Opportunities Fund's Debt-to-Equity

For the Asset Management subindustry, KKRome 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.


KKRome Opportunities Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

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



KKRome Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KKRome Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

KKRome Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Oct. 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.


KKRome Opportunities Fund  (NYSE:KIO) 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.


KKRome Opportunities Fund Debt-to-Equity Related Terms

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


KKRome Opportunities Fund (KKRome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
555 California Street, 50th Floor, San Francisco, CA, USA, 94104
KKR Income Opportunities Fund operates as a closed-end registered management investment company. It seeks to generate a high level of current income, with a secondary objective of capital appreciation. The company invests in the portfolio of loans and fixed-income instruments of U.S. and non-U.S. issuers. The company will invest at least 80% of its Managed Assets in loans and fixed-income instruments or other instruments, including derivative instruments, with similar economic characteristics under normal market conditions.
Executives
Michael E Cahill director
Jeremiah S Lane other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Christopher A Sheldon other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lori Hoffman officer: Secretary and Vice President 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Eric J Mogelof director, officer: President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Suzanne Donohoe director, officer: Chairman, President 555 CALIFORNIA ST., 50TH FL., SAN FRANCISCO CA 94104
Catherine B. Sidamon-eristoff director C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Reliastar Life Insurance Co 10 percent owner 20 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55401
Minnesota Life Insurance Co /bd 10 percent owner 400 N ROBERT ST, ST PAUL MN 55101
Michael H. Nguyen officer: Secretary and Vice President C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Philip Davidson officer: Secretary and Vice President 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Shannon Horton officer: Chief Compliance Officer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104

KKRome Opportunities Fund (KKRome Opportunities Fund) Headlines