Eaton Vance Pennsylvania Municipal Bond Fund (Eaton Vance Pennsylvania Municipal Bond Fund) Cash-to-Debt : 0.01 (As of Sep. 2018)

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What is Eaton Vance Pennsylvania Municipal Bond Fund Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Eaton Vance Pennsylvania Municipal Bond Fund's cash to debt ratio for the quarter that ended in Sep. 2018 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Eaton Vance Pennsylvania Municipal Bond Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

The historical rank and industry rank for Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt or its related term are showing as below:

EIP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.31 Max: 0.43
Current: 0.43

During the past 9 years, Eaton Vance Pennsylvania Municipal Bond Fund's highest Cash to Debt Ratio was 0.43. The lowest was 0.03. And the median was 0.31.

EIP's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.5 vs EIP: 0.43

Eaton Vance Pennsylvania Municipal Bond Fund Cash-to-Debt Historical Data

The historical data trend for Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Eaton Vance Pennsylvania Municipal Bond Fund Cash-to-Debt Chart

Eaton Vance Pennsylvania Municipal Bond Fund Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Cash-to-Debt

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0.35

0.03

0.43

0.01

Eaton Vance Pennsylvania Municipal Bond Fund Semi-Annual Data
	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial												0.03	-	0.43	0.17	0.01

Competitive Comparison of Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt

For the Asset Management subindustry, Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eaton Vance Pennsylvania Municipal Bond Fund's Cash-to-Debt falls into.

Eaton Vance Pennsylvania Municipal Bond Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Eaton Vance Pennsylvania Municipal Bond Fund's Cash to Debt Ratio for the fiscal year that ended in Sep. 2018 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.13	/	(0	+	24.971)
	=	0.01

Eaton Vance Pennsylvania Municipal Bond Fund's Cash to Debt Ratio for the quarter that ended in Sep. 2018 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.13	/	(0	+	24.971)
	=	0.01

Eaton Vance Pennsylvania Municipal Bond Fund (AMEX:EIP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Eaton Vance Pennsylvania Municipal Bond Fund Cash-to-Debt Related Terms

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Eaton Vance Pennsylvania Municipal Bond Fund (Eaton Vance Pennsylvania Municipal Bond Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Pennsylvania Municipal Bond Fund (AMEX:EIP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.eatonvance.com

Eaton Vance Pennsylvania Municipal Bond Fund is active in the financial services sector. As a non-diversified, closed-end management investment company, the objective is to provide current income exempt from federal income tax, including alternative minimum tax and personal property taxes. Its portfolio of investments includes education, general obligations, hospital, housing, escrowed/pre-refunded, transportation, industrial development, insured-electric utilities, insured-general obligations, insured escrowed/pre-refunded, and water and sewer industries.

Executives

Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Froio Richard F Sr	officer: Chief Compliance Officer	C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting	other: Trustee	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Laurie G Hylton	officer: Chief Financial Officer	255 STATE STREET, BOSTON MA 02109
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Group Ag Ubs	other: Former 10% Owner	BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland	other: Trustee	MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
George J. Gorman	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Cynthia Frost	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02148
Lynn A Stout	director	C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner	officer: Treasurer	TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Pennsylvania Municipal Bond Fund (Eaton Vance Pennsylvania Municipal Bond Fund) Headlines

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