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Eaton Vance Ohio Municipal Bond Fund (Eaton Vance Ohio Municipal Bond Fund) Equity-to-Asset : 0.63 (As of Sep. 2018)


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What is Eaton Vance Ohio Municipal Bond Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance Ohio Municipal Bond Fund's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $33.20 Mil. Eaton Vance Ohio Municipal Bond Fund's Total Assets for the quarter that ended in Sep. 2018 was $52.62 Mil. Therefore, Eaton Vance Ohio Municipal Bond Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.63.

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

EIO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.65   Max: 0.67
Current: 0.64

During the past 9 years, the highest Equity to Asset Ratio of Eaton Vance Ohio Municipal Bond Fund was 0.67. The lowest was 0.62. And the median was 0.65.

EIO's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs EIO: 0.64

Eaton Vance Ohio Municipal Bond Fund Equity-to-Asset Historical Data

The historical data trend for Eaton Vance Ohio Municipal Bond Fund'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 Ohio Municipal Bond Fund Equity-to-Asset Chart

Eaton Vance Ohio Municipal Bond Fund Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.98 0.98 0.70 0.68 0.63

Eaton Vance Ohio Municipal Bond Fund Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
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 0.70 0.68 0.68 0.59 0.63

Competitive Comparison of Eaton Vance Ohio Municipal Bond Fund's Equity-to-Asset

For the Asset Management subindustry, Eaton Vance Ohio Municipal Bond Fund'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 Ohio Municipal Bond Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance Ohio Municipal Bond Fund's Equity-to-Asset falls into.



Eaton Vance Ohio Municipal Bond Fund 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 Ohio Municipal Bond Fund's Equity to Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

Equity to Asset (A: Sep. 2018 )=Total Stockholders Equity/Total Assets
=33.195/52.62
=0.63

Eaton Vance Ohio Municipal Bond Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=33.195/52.62
=0.63

* 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 Ohio Municipal Bond Fund  (AMEX:EIO) 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 Ohio Municipal Bond Fund Equity-to-Asset Related Terms

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


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

Traded in Other Exchanges
N/A
Address
Eaton Vance Ohio Municipal Bond Fund is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in a state-specific funds, tax 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 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
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
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
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110

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

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