* 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.
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Eaton Vance Pennsylvania Municipal Bond Fund Goodwill-to-Asset Chart
Eaton Vance Pennsylvania Municipal Bond Fund Annual Data
Competitive Comparison of Eaton Vance Pennsylvania Municipal Bond Fund's Goodwill-to-Asset
For the Asset Management subindustry, Eaton Vance Pennsylvania Municipal Bond Fund's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Pennsylvania Municipal Bond Fund's Goodwill-to-Asset Distribution in the Asset Management Industry
* 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 Pennsylvania Municipal Bond Fund (AMEX:EIP) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Eaton Vance Pennsylvania Municipal Bond Fund Goodwill-to-Asset Related Terms
Thank you for viewing the detailed overview of Eaton Vance Pennsylvania Municipal Bond Fund's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Pennsylvania Municipal Bond Fund (Eaton Vance Pennsylvania Municipal Bond Fund) Business Description
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.
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