Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) — Working Capital to Net Assets Ratio
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) has a Working Capital to Net Assets ratio of -1.0% as of November 2024. Working capital of $-1.04 Million (current assets of $554.71K minus current liabilities of $1.59 Million) is measured against net assets of $105.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Western Asset Investment Grade Defined O's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Western Asset Investment Grade Defined Opportunity Closed Fund Working Capital to Net Assets (2017–2024)
This chart shows how Western Asset Investment Grade Defined Opportunity Closed Fund's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of November 2024, the ratio stands at -1.0%, reflecting working capital of $-1.04 Million against net assets of $105.30 Million USD. Check Western Asset Investment Grade Defined O tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Western Asset Investment Grade Defined Opportunity Closed Fund (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Western Asset Investment Grade Defined Opportunity Closed Fund from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Western Asset Investment Grade Defined O market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1.0% | $-1.04 Million | $105.30 Million | $554.71K | $1.59 Million | ▼ -2.0 pp |
| 2023 | 1.0% | $1.89 Million | $185.17 Million | $2.63 Million | $743.09K | ▲ +0.5 pp |
| 2022 | 0.5% | $906.52K | $186.95 Million | $2.47 Million | $1.57 Million | ▲ +0.0 pp |
| 2021 | 0.4% | $1.02 Million | $232.85 Million | $2.46 Million | $1.43 Million | ▼ -0.3 pp |
| 2020 | 0.8% | $1.85 Million | $239.65 Million | $2.57 Million | $720.99K | ▲ +0.7 pp |
| 2019 | 0.1% | $273.45K | $229.09 Million | $2.75 Million | $2.48 Million | ▲ +0.4 pp |
| 2018 | -0.3% | $-586.24K | $208.00 Million | $3.17 Million | $3.76 Million | ▼ -1.1 pp |
| 2017 | 0.8% | $1.83 Million | $227.11 Million | $4.38 Million | $2.55 Million | — |