Allspring Multi-Sector Income Fund Financial Ratios — ERC

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Return on Common Equity (%)	- -	- -	- -	4.96	-4.9	8	6.94	-0.05	9.77	-0.31	12.41	-18.18	7.66	13.99	9.65
Return on Assets (%)	3.23	9.15	2.58	4.08	-4.2	7.09	5.76	-0.04	6.67	-0.22	8.65	-12.61	5.2	9.55	6.66
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	4.15	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	93.11	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	93.11	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	292.45	49.91	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	93.22	96.97	88.93	93.11	104.57	98.26	96.25	-21.58	98.13	228	99.05	100.57	97.71	98.63	97.81
Profit Margin (%)	93.22	96.97	88.93	93.11	104.57	98.26	96.25	-21.58	98.13	228	99.05	100.57	97.71	98.63	97.81
Net Income to Common Margin (%)	93.22	96.97	88.93	93.11	104.57	98.26	96.25	-21.58	98.13	228	99.05	100.57	97.71	98.63	97.81
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	172.6	58.45	204.55	133.17	-133.22	81.49	106.82	-18,252.08	95.16	-2,998.7	72.02	-54.96	113.25	58.04	88.86
Sustainable Growth Rate (%)	- -	- -	- -	-1.64	-11.44	1.48	-0.47	-9.16	0.47	-9.73	3.47	-28.18	-1.02	5.87	1.08

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Total Debt	130	230	230	230	230	220	187	187	173	139	139	119	119	119	119
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	130	230	230	230	230	220	187	187	173	139	139	119	119	119	119
Total Debt/EBITDA	- -	- -	- -	6.08	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	-0.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	6.08	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	-0.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-12.78	-10.57	81.92	82.61	88.97	88.25	76.75	67.92	68.75	69.24	70.24	68.17	67.56	68.95	69.01
Long-Term Debt/Equity (%)	19.15	32.18	33.38	34.03	38.93	37.24	37.41	45.24	42.83	40.34	39.38	44.79	45.2	42.64	42.21
Long-Term Debt/Capital (%)	1,023.75	180.27	23	23.31	23.61	23.23	26	31.15	29.99	28.75	28.26	30.94	31.13	29.89	29.68
Long-Term Debt/Total Assets (%)	14.17	23.75	24.47	25.11	27.49	26.71	26.97	30.73	29.45	27.93	27.66	30.53	30.54	29.4	29.13
Total Debt/Equity (%)	19.15	32.18	33.38	34.03	38.93	37.24	37.41	45.24	42.83	40.34	39.38	44.79	45.2	42.64	42.21
Total Debt/Capital (%)	1,023.75	180.27	23	23.31	23.61	23.23	26	31.15	29.99	28.75	28.26	30.94	31.13	29.89	29.68
Total Debt/Total Assets (%)	14.17	23.75	24.47	25.11	27.49	26.71	26.97	30.73	29.45	27.93	27.66	30.53	30.54	29.4	29.13
Net Debt to Equity	- -	- -	-0.36	-0.2	-0.17	-0.34	-0.15	-0.01	- -	-0.05	-0.05	-0.13	-0.1	-0.08	-0.13
Net Debt/Capital (%)	- -	- -	-0.25	-0.14	-0.1	-0.21	-0.1	-0.01	- -	-0.04	-0.04	-0.09	-0.07	-0.06	-0.09
EBITDA	- -	- -	- -	38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-12.78	-10.57	81.92	82.61	88.97	88.25	76.75	67.92	68.75	69.24	70.24	68.17	67.56	68.95	69.01
Long-Term Debt/Equity (%)	19.15	32.18	33.38	34.03	38.93	37.24	37.41	45.24	42.83	40.34	39.38	44.79	45.2	42.64	42.21
Long-Term Debt/Capital (%)	1,023.75	180.27	23	23.31	23.61	23.23	26	31.15	29.99	28.75	28.26	30.94	31.13	29.89	29.68
Long-Term Debt/Total Assets (%)	14.17	23.75	24.47	25.11	27.49	26.71	26.97	30.73	29.45	27.93	27.66	30.53	30.54	29.4	29.13
Total Debt/Equity (%)	19.15	32.18	33.38	34.03	38.93	37.24	37.41	45.24	42.83	40.34	39.38	44.79	45.2	42.64	42.21
Total Debt/Capital (%)	1,023.75	180.27	23	23.31	23.61	23.23	26	31.15	29.99	28.75	28.26	30.94	31.13	29.89	29.68
Total Debt/Total Assets (%)	14.17	23.75	24.47	25.11	27.49	26.71	26.97	30.73	29.45	27.93	27.66	30.53	30.54	29.4	29.13
CFO/Total Liabilities	22.86	18.23	21.1	20.45	19.9	29.88	86.5	43.85	34.84	60.32	23.32	41.73	18.08	17.58	19.12
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	-0.14	-0.06	0.02	0.17	-0.05	0.07	0.06	-0.12	-0.01	-0.15	-0.01	-0.54	-0.32	-0.2	-0.2

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

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)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	- -	3	1	1	2	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	130	230	230	230	230	220	187	187	173	139	139	119	119	119	119
Enterprise Value	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119
Total Capital	13	128	1,001	988	975	947	719	600	577	484	492	385	382	398	401
Total Debt/Capital (%)	1,023.75	180.27	23	23.31	23.61	23.23	26	31.15	29.99	28.75	28.26	30.94	31.13	29.89	29.68
Total Debt / EV	1	1	1.01	1.01	1	1.01	1	1	1	1	1	1	1	1	1
EV/Sales	4.01	2.59	8.21	5.63	- -	3.64	4.1	170.95	4.25	- -	3.18	- -	5.73	3.09	4.28
EV/EBITDA	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	2.38	4.97	4.3	4.66	4.68	3.13	1.11	2.18	2.71	1.5	3.98	2.29	5.19	5.37	4.9
EV/Free Cash Flow to Firm	2.38	4.97	4.3	4.66	4.68	3.13	1.11	2.18	2.71	1.5	3.98	2.29	5.19	5.37	4.9
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119
EV per Share	3.09	5.47	5.44	5.45	5.47	5.22	4.9	5.93	5.59	4.89	4.94	4.22	4.22	4.26	- -
TTM Sales	32	89	28	41	-35	60	45	1	41	-1	44	-56	21	38	28
TTM EBITDA	- -	- -	- -	38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	55	46	53	49	49	70	167	86	64	92	35	52	23	22	24
TTM Free Cash Flow to Firm	55	46	53	49	49	70	167	86	64	92	35	52	23	22	24

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	4.01	2.59	8.21	5.63	- -	3.64	4.1	170.95	4.25	- -	3.18	- -	5.73	3.09	4.28
EV/EBITDA	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	4.01	2.59	8.21	5.63	- -	3.64	4.1	170.95	4.25	- -	3.18	- -	5.73	3.09	4.28
EV/Sales High	4.01	2.59	8.21	5.63	- -	3.64	4.1	170.95	4.25	- -	3.18	- -	5.73	3.09	4.28
EV/Sales Low	4.01	2.59	8.21	5.63	- -	3.64	4.1	170.95	4.25	- -	3.18	- -	5.73	3.09	4.28
EV/EBITDA Average	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	6.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119
Enterprise Value High	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119
Enterprise Value Low	130	230	228	229	229	218	186	187	173	139	139	119	119	119	119

Shares Outstanding	42	42	42	42	42	41	35	32	31	28	28	28	28	28	28
Diluted Weighted Avg Shares	42	42	42	42	42	42	38	32	31	28	28	28	28	28	28
Basic Weighted Avg Shares	42	42	42	42	42	42	38	32	31	28	28	28	28	28	- -
Revenue per Share	0.77	2.12	0.66	0.97	-0.84	1.44	1.19	0.03	1.31	-0.02	1.55	-1.99	0.74	1.38	- -
EBITDA per Share	- -	- -	- -	0.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	0.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.72	2.05	0.59	0.9	-0.88	1.41	1.15	-0.01	1.29	-0.04	1.54	-2	0.72	1.36	- -
Basic EPS from Cont Ops	0.72	2.05	0.59	0.9	-0.88	1.41	1.15	-0.01	1.29	-0.04	1.54	-2	0.72	1.36	- -
Diluted EPS, GAAP	0.72	2.05	0.59	0.9	-0.88	1.41	1.15	-0.01	1.29	-0.04	1.54	-2	0.72	1.36	0.96
Diluted EPS from Cont Ops	0.72	2.05	0.59	0.9	-0.88	1.41	1.15	-0.01	1.29	-0.04	1.54	-2	0.72	1.36	0.96
Dividend per Share	1.24	1.2	1.21	1.2	1.17	1.15	1.23	1.37	1.23	1.24	1.11	1.1	0.82	0.79	- -
Cash Flow per Share	1.3	1.1	1.27	1.17	1.17	1.67	4.41	2.71	2.07	3.25	1.24	1.84	0.81	0.79	- -
Free Cash Flow per Basic Share	1.3	1.1	1.27	1.17	1.17	1.67	4.41	2.71	2.07	3.25	1.24	1.84	0.81	0.79	- -
Cash & Equivalents per Share	- -	- -	0.06	0.03	0.02	0.05	0.02	- -	- -	0.01	0.01	0.01	0.01	0.01	- -
Book Value per Share	-2.79	-2.44	18.43	18.02	17.79	17.4	14	13.1	13.05	12.14	12.56	9.45	9.36	10	- -
Tangible Book Value per Share	16.16	17.01	16.49	16.1	14.12	14.15	13.15	13.1	13.05	12.14	12.56	9.45	9.36	10	- -

Allspring Multi-Sector Income Fund