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PIMCO Municipalome Fund II (PIMCO Municipalome Fund II) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)


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What is PIMCO Municipalome Fund II LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. PIMCO Municipalome Fund II's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

PIMCO Municipalome Fund II's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.01). It may suggest that PIMCO Municipalome Fund II is progressively becoming less dependent on debt to grow their business.


PIMCO Municipalome Fund II LT-Debt-to-Total-Asset Historical Data

The historical data trend for PIMCO Municipalome Fund II's LT-Debt-to-Total-Asset 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 Municipalome Fund II LT-Debt-to-Total-Asset Chart

PIMCO Municipalome Fund II Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.22 0.15 0.16 0.08 0.01

PIMCO Municipalome Fund II Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.13 0.08 0.07 0.01

PIMCO Municipalome Fund II LT-Debt-to-Total-Asset Calculation

PIMCO Municipalome Fund II's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=7.582/980.917
=0.01

PIMCO Municipalome Fund II's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=7.582/980.917
=0.01

* 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 Municipalome Fund II  (NYSE:PML) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


PIMCO Municipalome Fund II LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PIMCO Municipalome Fund II's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCO Municipalome Fund II (PIMCO Municipalome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Municipal Income Fund II is a closed-end management investment company. Its investment objective is to seek to provide current income exempt from federal income tax. The fund portfolio of investments consists of investments in different sectors such as education, healthcare, and others.
Executives
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Kyle Francis Christine 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

PIMCO Municipalome Fund II (PIMCO Municipalome Fund II) Headlines