What is DoubleLineome Solutions Fund Financial Strength?
DoubleLineome Solutions Fund has the Financial Strength Rank of 4.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate DoubleLineome Solutions Fund's interest coverage with the available data.
DoubleLineome Solutions Fund's debt to revenue ratio for the quarter that ended in Sep. 2023 was 5.25.
Altman Z-Score does not apply to banks and insurance companies.
DoubleLineome Solutions Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
DoubleLineome Solutions Fund's Interest Expense for the
months ended in Sep. 2023 was $-11.3 Mil. Its Operating Income for the
months ended in Sep. 2023 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $370.0 Mil.
DoubleLineome Solutions Fund's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
DoubleLineome Solutions Fund's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Business Description
Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
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 |
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