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Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Equity-to-Asset : 0.65 (As of Nov. 2018)


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What is Eaton Vance NJ Muniome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance NJ Muniome Trust's Total Stockholders Equity for the quarter that ended in Nov. 2018 was $60.22 Mil. Eaton Vance NJ Muniome Trust's Total Assets for the quarter that ended in Nov. 2018 was $93.33 Mil. Therefore, Eaton Vance NJ Muniome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2018 was 0.65.

The historical rank and industry rank for Eaton Vance NJ Muniome Trust's Equity-to-Asset or its related term are showing as below:

EVJ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.62   Max: 0.63
Current: 0.62

During the past 9 years, the highest Equity to Asset Ratio of Eaton Vance NJ Muniome Trust was 0.63. The lowest was 0.56. And the median was 0.62.

EVJ's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs EVJ: 0.62

Eaton Vance NJ Muniome Trust Equity-to-Asset Historical Data

The historical data trend for Eaton Vance NJ Muniome Trust's Equity-to-Asset 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.

* Premium members only.

Eaton Vance NJ Muniome Trust Equity-to-Asset Chart

Eaton Vance NJ Muniome Trust Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.96 0.96 0.65 0.66 0.65

Eaton Vance NJ Muniome Trust Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.66 0.66 0.62 0.65

Competitive Comparison of Eaton Vance NJ Muniome Trust's Equity-to-Asset

For the Asset Management subindustry, Eaton Vance NJ Muniome 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.


Eaton Vance NJ Muniome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance NJ Muniome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eaton Vance NJ Muniome Trust's Equity-to-Asset falls into.



Eaton Vance NJ Muniome 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.

Eaton Vance NJ Muniome Trust's Equity to Asset Ratio for the fiscal year that ended in Nov. 2018 is calculated as

Equity to Asset (A: Nov. 2018 )=Total Stockholders Equity/Total Assets
=60.224/93.326
=0.65

Eaton Vance NJ Muniome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2018 is calculated as

Equity to Asset (Q: Nov. 2018 )=Total Stockholders Equity/Total Assets
=60.224/93.326
=0.65

* 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.


Eaton Vance NJ Muniome Trust  (AMEX:EVJ) 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%.


Eaton Vance NJ Muniome Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Eaton Vance NJ Muniome Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance NJ Muni Income Trust is an asset management company. It operates in North America, Europe, Asia and Australia, Eaton Vance and its affiliates offer individuals and institutions investment strategies and wealth management solutions. The Trusts' investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state.
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
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
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

Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Headlines

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