PIMCO Tacticalome Fund (TSX:PTI.UN) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is PIMCO Tacticalome Fund 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 Tacticalome Fund's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

PIMCO Tacticalome Fund's long-term debt to total assets ratio declined from Dec. 2022 (0.18) to Dec. 2023 (0.17). It may suggest that PIMCO Tacticalome Fund is progressively becoming less dependent on debt to grow their business.

PIMCO Tacticalome Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for PIMCO Tacticalome Fund'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.

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PIMCO Tacticalome Fund LT-Debt-to-Total-Asset Chart

PIMCO Tacticalome Fund Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.17

0.18

0.17

PIMCO Tacticalome Fund Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.17	0.19	0.18	0.15	0.17

PIMCO Tacticalome Fund LT-Debt-to-Total-Asset Calculation

PIMCO Tacticalome Fund'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 )
	=	70.98	/	421.704
	=	0.17

PIMCO Tacticalome Fund'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 )
	=	70.98	/	421.704
	=	0.17

PIMCO Tacticalome Fund (TSX:PTI.UN) 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 Tacticalome Fund LT-Debt-to-Total-Asset Related Terms

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PIMCO Tacticalome Fund (TSX:PTI.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO Tactical Income Fund (TSX:PTI.UN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

199 Bay Street, Commerce Court West, Suite 2050, Toronto, ON, CAN, M5L1G2

Website

https://www.pimco.ca

PIMCO Tactical Income Fund is a closed-end investment fund company. The Fund's investment objectives are to provide unitholders with current income as the primary objective and capital appreciation as a secondary objective, through various market cycles, by utilizing a dynamic asset allocation among multiple sectors in various credit markets, including corporate debt, mortgage-related, and other asset-backed securities, government and sovereign debt, taxable municipal bonds, other fixed-, variable- and floating-rate income-producing securities of U.S. and various issuers, including emerging market issuers, and real estate-related investments.

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