Eaton Vance Michigan Muniome Trust (Eaton Vance Michigan Muniome Trust) Liabilities-to-Assets : 0.42 (As of May. 2018)

Eaton Vance Michigan Muniome Trust Liabilities-to-Assets Chart

Eaton Vance Michigan Muniome Trust Semi-Annual Data
	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
Liabilities-to-Assets	Get a 7-Day Free Trial												0.36	0.38	0.38	0.36	0.42

Competitive Comparison of Eaton Vance Michigan Muniome Trust's Liabilities-to-Assets

For the Asset Management subindustry, Eaton Vance Michigan Muniome Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Michigan Muniome Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance Michigan Muniome Trust's Liabilities-to-Assets falls into.

Eaton Vance Michigan Muniome Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Eaton Vance Michigan Muniome Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2017 is calculated as:

Eaton Vance Michigan Muniome Trust's Liabilities-to-Assets Ratio for the quarter that ended in May. 2018 is calculated as

* 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 Michigan Muniome Trust  (AMEX:EMI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Eaton Vance Michigan Muniome Trust Liabilities-to-Assets Related Terms

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