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PIMCO Global Stocksplus &ome Fund (PIMCO Global Stocksplus &ome Fund) Debt-to-Equity : 0.23 (As of Dec. 2023)


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What is PIMCO Global Stocksplus &ome Fund Debt-to-Equity?

PIMCO Global Stocksplus &ome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. PIMCO Global Stocksplus &ome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.65 Mil. PIMCO Global Stocksplus &ome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $84.99 Mil. PIMCO Global Stocksplus &ome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 PIMCO Global Stocksplus &ome Fund's Debt-to-Equity or its related term are showing as below:

PGP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.46   Max: 0.66
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of PIMCO Global Stocksplus &ome Fund was 0.66. The lowest was 0.23. And the median was 0.46.

PGP's Debt-to-Equity is ranked worse than
52.27% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs PGP: 0.23

PIMCO Global Stocksplus &ome Fund Debt-to-Equity Historical Data

The historical data trend for PIMCO Global Stocksplus &ome 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.

PIMCO Global Stocksplus &ome Fund Debt-to-Equity Chart

PIMCO Global Stocksplus &ome Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial 0.48 0.54 0.49 0.66 0.29

PIMCO Global Stocksplus &ome 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.66 0.47 0.29 0.23

Competitive Comparison of PIMCO Global Stocksplus &ome Fund's Debt-to-Equity

For the Asset Management subindustry, PIMCO Global Stocksplus &ome 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.

PIMCO Global Stocksplus &ome Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where PIMCO Global Stocksplus &ome Fund's Debt-to-Equity falls into.


PIMCO Global Stocksplus &ome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PIMCO Global Stocksplus &ome 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 + 23.97) / 82.667
=0.29

PIMCO Global Stocksplus &ome 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 + 19.646) / 84.989
=0.23

* 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.

PIMCO Global Stocksplus &ome Fund  (NYSE:PGP) 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.

PIMCO Global Stocksplus &ome Fund Debt-to-Equity Related Terms

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

PIMCO Global Stocksplus &ome Fund (PIMCO Global Stocksplus &ome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO Global Stocksplus & Income Fund (NYSE:PGP) » Definitions » Debt-to-Equity
Comparable Companies
GLU JEQ DTF JHAA PNI JPT NXC VGI ERH FCO BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
Website
https://www.pimco.com
PIMCO Global Stocksplus & Income Fund is a closed-end management investment company. The objective of the fund is to seek a total return comprised of current income, current gains, and long-term capital appreciation. The fund invests a majority of the fund's net assets in a combination of securities and instruments that provide exposure to stocks and or produce income.
Executives
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
Elizabeth A Duggan officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

PIMCO Global Stocksplus &ome Fund (PIMCO Global Stocksplus &ome Fund) Headlines

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