Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Pcm Fund's Total Liabilities for the quarter that ended in Dec. 2023 was $56.74 Mil. Pcm Fund's Total Assets for the quarter that ended in Dec. 2023 was $134.83 Mil.
Therefore, Pcm Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.42.
Pcm Fund Liabilities-to-Assets Historical Data
The historical data trend for Pcm Fund's Liabilities-to-Assets 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.
Competitive Comparison of Pcm Fund's Liabilities-to-Assets
For the Asset Management subindustry, Pcm Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Pcm Fund's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Pcm Fund's Liabilities-to-Assets falls into.
Pcm Fund Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Pcm Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 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.
Pcm Fund (NYSE:PCM) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Pcm Fund Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of Pcm Fund's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
:PCM has been successfully added to your 