DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Debt-to-Equity : 0.31 (As of Sep. 2023)

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What is DoubleLineome Solutions Fund Debt-to-Equity?

DoubleLineome Solutions Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil. DoubleLineome Solutions Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $370.0 Mil. DoubleLineome Solutions Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,189.6 Mil. DoubleLineome Solutions Fund's debt to equity for the quarter that ended in Sep. 2023 was 0.31.

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

DSL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.41 Max: 0.46
Current: 0.31

During the past 7 years, the highest Debt-to-Equity Ratio of DoubleLineome Solutions Fund was 0.46. The lowest was 0.31. And the median was 0.41.

DSL's Debt-to-Equity is ranked worse than
59.53% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs DSL: 0.31

DoubleLineome Solutions Fund Debt-to-Equity Historical Data

The historical data trend for DoubleLineome Solutions 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.

DoubleLineome Solutions Fund Debt-to-Equity Chart

DoubleLineome Solutions Fund Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.45

0.41

0.31

DoubleLineome Solutions Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.41	0.40	0.41	0.31	0.31

Competitive Comparison of DoubleLineome Solutions Fund's Debt-to-Equity

For the Asset Management subindustry, DoubleLineome Solutions 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.

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

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

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

DoubleLineome Solutions Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DoubleLineome Solutions Fund's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	370)	/	1189.601
	=	0.31

DoubleLineome Solutions Fund's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	370)	/	1189.601
	=	0.31

DoubleLineome Solutions Fund (NYSE:DSL) 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.

DoubleLineome Solutions Fund Debt-to-Equity Related Terms

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

DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DoubleLine Income Solutions Fund (NYSE:DSL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602

Website

https://www.doublelinefunds.com

DoubleLine Income Solutions Fund is a closed-end fund. The fund's primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in securities, including money market funds, foreign corporate bonds, us corporate bonds, bank loans, collateralized loan obligations, and municipal bonds. The portfolio of the fund consists of various industries such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and others.

Executives

Lisa Chen	officer: AML Compliance Officer	C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter	other: Trustee	C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta	officer: AML Officer	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam	officer: Dir of HR for DSL's Inv Adv	C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Henry V Chase	other: See Remarks	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker	officer: Vice President	333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia	officer: CHIEF COMPLIANCE OFFICER	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta	other: Adviser	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti	officer: CHIEF COMPLIANCE OFFICER	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han	officer: Assistant Treasurer	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling	officer: Vice President	333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
James Charles Davison	other: Global Relationship Management	333 SOUTH GRAND AVE, 18TH FLOOR, LOS ANGELES CA 90071
Raymond Woolson	other: TRUSTEE	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071