The New America High Income Fund
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
26.22-17.295.119.30-12.545.1220.2014.05-4.115.854.85-12.54
Price/Sales ratio
9.298.3010.098.72-14.124.9417.5012.79-4.308.468.24-14.12
Price/Book Value ratio
0.880.860.930.920.840.910.880.950.870.840.990.84
Price/Cash Flow ratio
4.939.5042.3113.3711.9412.708.4217.318.1221.589.8012.70
Price/Free Cash Flow ratio
4.939.5042.3113.3711.9412.708.4217.318.1221.589.8012.70
Price/Earnings Growth ratio
-0.400.07-0.01-0.210.07-0.01-0.260.260.01-0.03-0.09-0.01
Dividend Yield
9.62%10.92%8.13%8.03%8.73%7.53%7.11%6.85%10.26%6.98%5.39%7.53%
Profitability Indicator Ratios
Gross Profit Margin
87.14%87.11%86.04%85.97%134.53%96.84%88.59%92.03%103.48%100%92.08%96.84%
Operating Profit Margin
87.26%87.01%87.02%65.47%-123.30%96.40%86.65%91.00%98.30%85.97%184.88%-123.30%
Pretax Profit Margin
35.43%-48.01%197.28%93.72%112.58%96.40%86.65%91.00%104.51%144.66%169.82%112.58%
Net Profit Margin
35.43%-48.01%197.28%93.72%112.58%96.40%86.65%91.00%104.51%144.66%169.82%112.58%
Effective Tax Rate
-146.26%281.22%55.88%137.89%420.18%34.99%147.46%96.54%-40.96%N/A17.76%34.99%
Return on Assets
2.41%-3.57%13.01%7.14%-4.60%12.65%3.15%4.89%-14.27%10.05%14.13%-4.60%
Return On Equity
3.37%-5.01%18.29%9.93%-6.77%17.77%4.38%6.78%-21.17%14.51%20.61%-6.77%
Return on Capital Employed
8.32%9.08%8.06%5.03%5.15%12.78%3.20%4.95%-13.49%8.70%22.04%5.15%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
0.220.110.082.35-0.741.851.661.586.390.06N/A-0.74
Cash ratio
0.150.040.020.340.040.310.730.303.140.000.040.31
Days of Sales Outstanding
92.6190.2896.3081.57-181.9643.07146.73116.10-46.8593.3694.14-181.96
Days of Inventory outstanding
N/AN/AN/A0.00531.490.000.00N/AN/AN/AN/A0.00
Operating Cycle
92.6190.2896.3081.57349.5343.08146.73116.10-46.85N/A94.1443.08
Days of Payables Outstanding
32.0710.51N/A169.61571.70887.541.38K1.14K412.81N/AN/A887.54
Cash Conversion Cycle
60.5379.7796.30-88.04-222.16-844.46-1.23K-1.02K-459.67N/A94.14-222.16
Debt Ratios
Debt Ratio
0.270.270.280.540.290.270.260.260.310.300.300.29
Debt Equity Ratio
0.380.380.390.760.430.380.360.360.470.430.430.43
Long-term Debt to Capitalization
N/AN/AN/A0.27N/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.270.270.280.430.300.270.260.260.320.300.300.30
Interest Coverage Ratio
-1.74-0.630.702.31-0.520.53N/AN/AN/AN/A8.34-0.52
Cash Flow to Debt Ratio
0.470.230.050.090.160.180.280.140.220.090.230.16
Company Equity Multiplier
1.391.401.401.391.471.401.391.381.481.441.451.45
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
1.880.870.230.65-1.180.382.070.73-0.520.390.84-1.18
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
0.470.230.050.090.160.180.280.140.220.090.230.16
Short Term Coverage Ratio
0.470.230.050.180.160.180.280.140.220.090.230.16
Dividend Payout Ratio
252.30%-188.96%41.63%74.76%-109.50%38.64%143.71%96.40%-42.23%40.89%51.11%-109.50%