Ivy Funds - Delaware Ivy High Income Opportunities Fund
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
29.619.67-7.218.657.3515.8433.43-49.585.89-3.57-3.9615.84
Price/Sales ratio
31.748.416.587.637.2815.4830.42-63.115.83-3.60-3.9915.48
Price/Book Value ratio
0.910.890.830.910.970.890.920.890.910.890.990.97
Price/Cash Flow ratio
-0.646.925.135.9535.638.507.304.4614.6512.1313.4413.44
Price/Free Cash Flow ratio
-0.646.925.135.9535.638.507.304.4614.6512.1313.4413.44
Price/Earnings Growth ratio
N/A0.040.03-0.040.23-0.27-0.610.31-0.000.010.01-0.27
Dividend Yield
1.40%10.70%15.07%11.14%9.30%8.95%9.49%10.10%7.11%8.72%1.33%8.95%
Profitability Indicator Ratios
Gross Profit Margin
80.30%81.67%82.44%83.81%100%52.85%100%100%100%100%100%52.85%
Operating Profit Margin
79.11%81.12%82.09%83.48%99.04%147.53%90.99%127.29%99.07%97.86%97.86%147.53%
Pretax Profit Margin
107.21%86.96%-91.29%88.12%99.04%97.75%90.98%127.29%99.07%100.77%100.77%99.04%
Net Profit Margin
107.21%86.96%-91.29%88.12%99.04%97.75%90.99%127.29%99.07%100.77%100.77%99.04%
Effective Tax Rate
N/AN/AN/AN/AN/AN/A-0.01%N/AN/AN/AN/AN/A
Return on Assets
2.00%6.35%-7.75%7.39%8.85%3.77%1.89%-1.27%11.14%-16.50%-16.50%3.77%
Return On Equity
3.09%9.24%-11.52%10.60%13.22%5.65%2.76%-1.80%15.57%-25.13%-21.57%5.65%
Return on Capital Employed
1.54%6.07%6.99%7.04%8.97%5.83%1.89%-1.30%11.31%-16.12%-16.12%5.83%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3.83N/A
Quick Ratio
1.040.393.730.751.910.2818.830.871.163.833.831.91
Cash ratio
0.450.110.570.260.120.132.370.100.02N/AN/A0.13
Days of Sales Outstanding
506.8334.2949.4212.05100.24185.79346.78-639.9756.05-49.94-49.94185.79
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
506.8334.2949.4212.05N/A185.79N/AN/AN/AN/AN/A185.79
Days of Payables Outstanding
4.36K660.9782.83145.04N/A477.08N/AN/AN/AN/AN/A477.08
Cash Conversion Cycle
-3.86K-626.68-33.40-132.99N/A-291.28N/AN/AN/AN/AN/A-291.28
Debt Ratios
Debt Ratio
0.300.280.320.290.310.300.300.270.250.300.300.30
Debt Equity Ratio
0.470.410.480.420.470.460.440.380.350.460.460.46
Long-term Debt to Capitalization
0.320.290.320.290.320.310.300.270.260.310.310.31
Total Debt to Capitalization
0.320.290.320.290.320.310.300.270.260.310.310.31
Interest Coverage Ratio
2.8113.88-0.4718.002.30-2.96-1.49N/AN/AN/A-33.64-2.96
Cash Flow to Debt Ratio
-2.950.300.330.360.050.220.280.510.170.150.150.05
Company Equity Multiplier
1.541.451.481.431.491.491.451.421.391.521.521.49
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-49.031.211.281.280.201.824.16-14.120.39-0.29-0.291.82
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
-2.950.300.330.360.050.220.280.510.170.150.150.05
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
41.56%103.51%-108.74%96.46%68.49%141.88%317.41%-501.13%41.92%-31.18%-31.18%141.88%