GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » New America High Income Fund Inc (NYSE:HYB) » Definitions » Net Debt Paydown Yield %

New America Highome Fund (New America Highome Fund) Net Debt Paydown Yield % : 0.00% (As of May. 31, 2024)


View and export this data going back to . Start your Free Trial

What is New America Highome Fund Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, New America Highome Fund's Net Debt Paydown Yield % was 0.00%.


New America Highome Fund Net Debt Paydown Yield % Historical Data

The historical data trend for New America Highome Fund's Net Debt Paydown Yield % 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.

New America Highome Fund Net Debt Paydown Yield % Chart

New America Highome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial - 4.93 -1.38 - -

New America Highome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.38 - - - -

Competitive Comparison of New America Highome Fund's Net Debt Paydown Yield %

For the Asset Management subindustry, New America Highome Fund's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


New America Highome Fund's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, New America Highome Fund's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where New America Highome Fund's Net Debt Paydown Yield % falls into.



New America Highome Fund Net Debt Paydown Yield % Calculation

New America Highome Fund's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 84-84 )/164.557888
=0 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


New America Highome Fund  (NYSE:HYB) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


New America Highome Fund Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of New America Highome Fund's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


New America Highome Fund (New America Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
33 Broad Street, Boston, MA, USA, 02109
New America High Income Fund Inc is a diversified, closed?end management investment company. Its investment objective is to provide high current income while seeking to preserve stockholder capital by investing in a diversified portfolio of high-yield fixed-income securities. The fund invests primarily in fixed-maturity corporate debt securities that are rated less than the investment grade. Its portfolio of investment consists of investments in different sectors such as energy, financial, cable operators, healthcare, and others.
Executives
Luis M Viceira director THE NEW AMERICA HIGH INCOME FUND, INC., 33 BROAD STREET, BOSTON MA 02109
Marguerite A Piret director C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Joseph I Bower director 32 WIGGINS AVENUE, BEDFORD MA 01730
Bernard J Korman director OMEGA HEALTHCARE INVESTORS INC, ANN ARBOR MI 48108
Ellen E Terry officer: Vice President and Treasurer 33 BTROAD STREET, BOSTON MA 02109
Oleg M Pohotsky director C/O HAMBRECHT & QUIST CAPITAL MANAGEMENT, 2 LIBERTY SQUARE, 9TH FLOOR, BOSTON MA 02109
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Robert F Birch director, officer: President C/O HYPERION BROOKFIELD ASSET MANAGEMENT, THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 10TH FLOOR NY 10281-1010
Ernest E Monrad director
Richard E Floor director, officer: Secretary C/O GOODWIN PROCTER LLP EXCHANGE PLACE, 26TH FLOOR, BOSTON MA 02109

New America Highome Fund (New America Highome Fund) Headlines

From GuruFocus

New America High Income Fund Inc's Dividend Analysis

By GuruFocus Research 10-16-2023

The New America High Income Fund, Inc. Declares Dividend

By sperokesalga sperokesalga 03-01-2023

CORRECTION -- The New America High Income Fund, Inc.

By GuruFocusNews GuruFocusNews 07-02-2022

The New America High Income Fund, Inc. Declares Dividend

By sperokesalga sperokesalga 05-01-2023

The New America High Income Fund, Inc. Declares Dividend

By GlobeNewswire GlobeNewswire 06-01-2023

The New America High Income Fund, Inc. Declares Dividend

By Value_Insider Value_Insider 12-01-2022

The New America High Income Fund, Inc. Declares Dividend

By GuruFocusNews GuruFocusNews 06-21-2022