High Income Fund - Investor Class
Financial ratios & Valuation

Historical Multiples (2016 – 2022)

2016 2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
-37.774.4539.99-5.73359.5324.3432.17
Price/Sales ratio
9.4310.1110.5510.1312.3962.4710.33
Price/Book Value ratio
0.760.690.720.750.750.820.70
Price/Cash Flow ratio
4.01N/AN/AN/AN/AN/AN/A
Price/Free Cash Flow ratio
4.01N/AN/AN/AN/AN/AN/A
Price/Earnings Growth ratio
0.18-0.00-0.700.00-3.623.53-0.35
Dividend Yield
11.44%N/AN/AN/AN/A4.72%N/A
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%
Operating Profit Margin
87.51%86.26%85.30%83.90%82.73%86.89%85.78%
Pretax Profit Margin
-24.98%227.08%26.40%-176.76%3.44%85.93%126.74%
Net Profit Margin
-24.98%227.08%26.40%-176.76%3.44%85.93%126.74%
Effective Tax Rate
450.33%62.01%-223.09%147.46%-2300.02%-1.11%-112.10%
Return on Assets
-1.85%14.12%1.72%-12.55%0.20%3.28%7.92%
Return On Equity
-2.02%15.68%1.80%-13.24%0.21%3.37%8.74%
Return on Capital Employed
7.10%5.95%5.82%6.28%5.06%3.41%6.05%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A1.04N/A
Quick Ratio
0.480.390.730.980.901.040.56
Cash ratio
0.000.050.110.070.000.000.09
Days of Sales Outstanding
98.2589.7577.1468.77107.66169.0183.45
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/A169.01N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/A169.01N/A
Debt Ratios
Debt Ratio
N/AN/AN/A0.000.000.010.00
Debt Equity Ratio
N/AN/AN/A0.000.000.010.00
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/A0.000.000.010.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.091.111.041.051.031.021.04
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
2.34N/AN/AN/AN/AN/AN/A
Free Cash Flow / Operating Cash Flow Ratio
1N/AN/AN/AN/AN/AN/A
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
-432.21%N/AN/AN/AN/AN/AN/A