DoubleLine Income Solutions Fund Financial Ratios — DSL

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	1.51	1.93	-4.53	14.34	-20.84	6.28	15.42	5.82
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	98.26	90.21	94.33	102.13	99.42	100.34	98.6	99.28	98.4
Profit Margin (%)	98.26	90.21	94.33	102.13	99.42	100.34	98.6	99.28	98.4
Net Income to Common Margin (%)	98.26	90.21	94.33	102.13	99.42	100.34	98.6	99.28	98.4
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	58.36	394.03	311.11	-153.55	39.92	-38.33	144.67	50.28	131.9
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	900	950	870	670	770	510	370	415	395
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	900	950	870	670	770	510	370	415	395
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-0.28	-0.18	0.04	-0.53	0.92	-68.12	-77.97	-59.12	-58.84
Long-Term Debt/Equity (%)	40.65	45.77	44.52	40.5	41.17	41.36	31.1	29.46	27.72
Long-Term Debt/Capital (%)	101	100.6	99.88	101.87	96.9	-74.92	-42.88	-61	-55.08
Long-Term Debt/Total Assets (%)	28.58	30.83	30.16	28.71	28.8	29.18	23.4	22.4	20.9
Total Debt/Equity (%)	40.65	45.77	44.52	40.5	41.17	41.36	31.1	29.46	27.72
Total Debt/Capital (%)	101	100.6	99.88	101.87	96.9	-74.92	-42.88	-61	-55.08
Total Debt/Total Assets (%)	28.58	30.83	30.16	28.71	28.8	29.18	23.4	22.4	20.9
Net Debt to Equity	- -	-0.64	-0.53	-0.33	- -	-0.02	- -	-0.11	- -
Net Debt/Capital (%)	- -	-1.42	-1.21	-0.83	- -	0.04	- -	0.23	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-0.28	-0.18	0.04	-0.53	0.92	-68.12	-77.97	-59.12	-58.84
Long-Term Debt/Equity (%)	40.65	45.77	44.52	40.5	41.17	41.36	31.1	29.46	27.72
Long-Term Debt/Capital (%)	101	100.6	99.88	101.87	96.9	-74.92	-42.88	-61	-55.08
Long-Term Debt/Total Assets (%)	28.58	30.83	30.16	28.71	28.8	29.18	23.4	22.4	20.9
Total Debt/Equity (%)	40.65	45.77	44.52	40.5	41.17	41.36	31.1	29.46	27.72
Total Debt/Capital (%)	101	100.6	99.88	101.87	96.9	-74.92	-42.88	-61	-55.08
Total Debt/Total Assets (%)	28.58	30.83	30.16	28.71	28.8	29.18	23.4	22.4	20.9
CFO/Total Liabilities	5.13	14.8	27.52	55.46	4.72	84.82	74.44	0.48	23.46
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.1	0.01	0.02	-0.06	0.15	-1.22	-1.02	-0.68	-0.77

Working Capital (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	13	10	5	- -	- -	- -	2	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	900	950	870	670	770	510	370	415	395
Enterprise Value	900	937	860	665	770	510	370	413	395
Total Capital	891	944	871	658	795	-681	-863	-680	-717
Total Debt/Capital (%)	101	100.6	99.88	101.87	96.9	-74.92	-42.88	-61	-55.08
Total Debt / EV	1	1.01	1.01	1.01	1	1	1	1	1
EV/Sales	2.81	17.94	14.11	- -	2.13	- -	3.49	1.55	3.57
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	18.77	6.29	3.36	1.77	20.31	1.17	1.27	193.24	3.62
EV/Free Cash Flow to Firm	18.77	6.29	3.36	1.77	20.31	1.17	1.27	193.24	3.62
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	900	937	860	665	770	510	370	413	395
EV per Share	8.91	9.15	8.52	6.58	7.55	5	3.64	3.93	- -
TTM Sales	320	52	61	-116	361	-459	106	267	111
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	48	149	256	376	38	437	291	2	109
TTM Free Cash Flow to Firm	48	149	256	376	38	437	291	2	109

Multiples (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	900	937	860	665	770	510	370	413	395
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	2.81	17.94	14.11	- -	2.13	- -	3.49	1.55	3.57
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	2.81	17.94	14.11	- -	2.13	- -	3.49	1.55	3.57
EV/Sales High	2.81	17.94	14.11	- -	2.13	- -	3.49	1.55	3.57
EV/Sales Low	2.81	17.94	14.11	- -	2.13	- -	3.49	1.55	3.57
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	900	937	860	665	770	510	370	413	395
Enterprise Value High	900	937	860	665	770	510	370	413	395
Enterprise Value Low	900	937	860	665	770	510	370	413	395

Shares Outstanding	101	101	102	102	102	102	103	110	115
Diluted Weighted Avg Shares	101	102	101	101	102	102	102	105	- -
Basic Weighted Avg Shares	101	102	101	101	102	102	102	105	- -
Revenue per Share	3.17	0.51	0.6	-1.15	3.54	-4.5	1.04	2.54	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	3.11	0.46	0.57	-1.17	3.52	-4.52	1.03	2.52	- -
Basic EPS from Cont Ops	3.11	0.46	0.57	-1.17	3.52	-4.52	1.03	2.52	- -
Diluted EPS, GAAP	3.11	0.46	0.57	-1.17	3.52	-4.52	1.03	2.52	- -
Diluted EPS from Cont Ops	3.11	0.46	0.57	-1.17	3.52	-4.52	1.03	2.52	- -
Dividend per Share	1.81	1.81	1.77	1.8	1.41	1.73	1.49	1.27	- -
Cash Flow per Share	0.47	1.45	2.54	3.73	0.37	4.29	2.87	0.02	- -
Free Cash Flow per Basic Share	0.47	1.45	2.54	3.73	0.37	4.29	2.87	0.02	- -
Cash & Equivalents per Share	- -	0.13	0.1	0.05	- -	- -	- -	0.01	- -
Book Value per Share	-0.09	-0.06	0.01	-0.12	0.24	-11.68	-12.14	-10.42	- -
Tangible Book Value per Share	21.92	20.27	19.38	16.38	18.34	12.1	11.71	13.41	- -

DoubleLine Income Solutions Fund

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)