Western Asset Ultra-Short Income Fund Class A
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
18.45-22.48N/A11.09-27.337.096.456.48-3.75-352.96-307.637.09
Price/Sales ratio
21.7142.44N/A15.2116.6315.9819.198.976.7412.8052.7016.63
Price/Book Value ratio
0.670.70N/A0.690.730.680.630.610.830.960.990.73
Price/Cash Flow ratio
-4.33-18.36N/A6.43-25.05128.27-77.891.643.315.7016.65-25.05
Price/Free Cash Flow ratio
-4.33-18.36N/A6.43-25.05128.27-77.891.643.315.7036.15-25.05
Price/Earnings Growth ratio
-0.130.12N/AN/A0.19-0.010.68-4.530.013.566.570.19
Dividend Yield
4.28%4.34%N/A4.42%N/A4.55%4.25%11.25%22.75%12.54%2.75%4.55%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
72.28%39.34%71.80%78.49%80.37%82.58%77.80%89.55%92.91%88.53%89.91%80.37%
Pretax Profit Margin
117.70%-188.77%128.12%137.19%-60.85%225.47%297.54%139.04%-178.09%-1.44%-7.89%-60.85%
Net Profit Margin
117.70%-188.77%128.12%137.19%-60.85%225.29%297.54%138.44%-179.74%-3.62%-7.89%-60.85%
Effective Tax Rate
38.58%120.84%43.95%42.78%232.08%0.08%73.85%0.42%-0.92%-150.56%1239.15%232.08%
Return on Assets
2.72%-2.19%3.19%4.50%-1.80%6.41%6.58%6.29%-13.43%-0.16%-0.19%-1.80%
Return On Equity
3.67%-3.15%4.72%6.24%-2.67%9.69%9.83%9.42%-22.37%-0.27%-0.32%-2.67%
Return on Capital Employed
2.25%0.65%2.64%3.57%3.53%3.55%2.57%6.09%11.56%6.69%3.67%3.53%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.04N/A
Quick Ratio
0.160.120.090.080.080.150.070.040.090.040.040.15
Cash ratio
0.020.000.020.040.000.010.010.000.000.000.000.01
Days of Sales Outstanding
95.65166.3773.3645.90153.03252.8264.8529.6920.7036.7267.87252.82
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A67.87N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A67.87N/A
Debt Ratios
Debt Ratio
N/A0.00N/AN/AN/A0.310.310.320.390.390.390.39
Debt Equity Ratio
N/A0.00N/AN/AN/A0.470.460.480.650.650.650.65
Long-term Debt to Capitalization
N/A0.00N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/A0.00N/AN/AN/A0.320.310.320.390.390.390.39
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/A-30.39N/AN/AN/A0.01-0.010.760.380.260.090.01
Company Equity Multiplier
1.351.431.471.381.481.511.491.491.661.661.661.48
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-5.00-2.31-0.302.36-0.660.12-0.245.462.032.241.45-0.66
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
N/A-30.39N/AN/AN/A0.01-0.010.760.380.260.090.01
Short Term Coverage Ratio
N/AN/AN/AN/AN/A0.01-0.010.760.380.260.090.01
Dividend Payout Ratio
79.07%-97.66%64.19%49.09%N/A32.32%27.43%72.93%-85.38%-4426.86%-1679.18%32.32%