PMO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.9 Max: 0.94
Current: 0.94
During the past 6 years, the highest Equity to Asset Ratio of Putnam Municipal Opportunities Trust was 0.94. The lowest was 0.83. And the median was 0.90.
PMO's Equity-to-Asset is ranked better than 69.37% of 1727
companies
in the Asset Management industry
Industry Median: 0.83
vs PMO: 0.94
Putnam Municipal Opportunities Trust Equity-to-Asset Historical Data
* 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.
* Premium members only.
Putnam Municipal Opportunities Trust Equity-to-Asset Chart
Competitive Comparison of Putnam Municipal Opportunities Trust's Equity-to-Asset
For the Asset Management subindustry, Putnam Municipal Opportunities Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Putnam Municipal Opportunities Trust's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Putnam Municipal Opportunities Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Putnam Municipal Opportunities Trust's Equity-to-Asset falls into.
Putnam Municipal Opportunities Trust Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
Putnam Municipal Opportunities Trust (NYSE:PMO) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Putnam Municipal Opportunities Trust Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Putnam Municipal Opportunities Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Putnam Municipal Opportunities Trust (Putnam Municipal Opportunities Trust) Business Description
Putnam Municipal Opportunities Trust is a non-diversified closed-end management investment company. It seeks to provide as high a level of current income free from federal income tax as Putnam Management believes is consistent with the preservation of capital. The fund invests in healthcare, utilities, transportation, tax bonds, local debt, state debt, and education.
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