Pcm Fund (Pcm Fund) Debt-to-Equity : 0.69 (As of Dec. 2023)

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What is Pcm Fund Debt-to-Equity?

Pcm Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Pcm Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $54.10 Mil. Pcm Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $78.09 Mil. Pcm Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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

PCM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.74 Max: 0.93
Current: 0.69

During the past 6 years, the highest Debt-to-Equity Ratio of Pcm Fund was 0.93. The lowest was 0.53. And the median was 0.74.

PCM's Debt-to-Equity is ranked worse than
81.08% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs PCM: 0.69

Pcm Fund Debt-to-Equity Historical Data

The historical data trend for Pcm 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.

Pcm Fund Debt-to-Equity Chart

Pcm Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.61

0.80

0.74

0.93

0.84

Pcm Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.76	0.93	0.82	0.84	0.69

Competitive Comparison of Pcm Fund's Debt-to-Equity

For the Asset Management subindustry, Pcm 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.

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

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

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

Pcm Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pcm 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	+	67.291)	/	80.318
	=	0.84

Pcm 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	+	54.097)	/	78.089
	=	0.69

Pcm Fund (NYSE:PCM) 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.

Pcm Fund Debt-to-Equity Related Terms

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

Pcm Fund (Pcm Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pcm Fund Inc (NYSE:PCM) » 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

Pcm Fund Inc is a closed-end investment management company. Its investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests in agency-guaranteed mortgage-backed securities, private-label mortgage-backed securities, high-yield corporate debt securities, and commercial mortgage-backed securities.

Executives

Giang Huong Bui	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
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
Grace Vandecruze	director	125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Nadia Zakir	other: SEE REMARKS	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

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