First Trust High Income Long/Short Fund FSD NYSE

First Trust High Income Long/Short Fund (FSD) reported total assets of $622.25M and total liabilities of $206.81M for quarter ending 2024-04-30, resulting in total equity of $415.44M.

The company held $71.7M in cash and short-term investments. Total debt stood at $149.03M, with net debt of $77.33M. The Debt-to-Equity (D/E) ratio was 0.36 (conservative).

Current ratio is 0, which may signal tight short-term liquidity.

Criteria supported by this page:

• HEALTH (67/100, Partial) — some metrics are adequate but not all reach ideal thresholds
• MOAT (50/100) — Total assets $622.25M and equity $415.44M support the company's competitive scale
• VALUE (75/100) — Debt-to-Equity 0.36 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 71/100 with 3/7 criteria passed.