GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance NY Muni Income Trust (AMEX:EVY) » Definitions » Liabilities-to-Assets

Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) Liabilities-to-Assets : 0.35 (As of May. 2021)


View and export this data going back to 1999. Start your Free Trial

What is Eaton Vance NY Muniome Trust Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Eaton Vance NY Muniome Trust's Total Liabilities for the quarter that ended in May. 2021 was $43.64 Mil. Eaton Vance NY Muniome Trust's Total Assets for the quarter that ended in May. 2021 was $125.49 Mil. Therefore, Eaton Vance NY Muniome Trust's Liabilities-to-Assets Ratio for the quarter that ended in May. 2021 was 0.35.


Eaton Vance NY Muniome Trust Liabilities-to-Assets Historical Data

The historical data trend for Eaton Vance NY Muniome Trust's Liabilities-to-Assets 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 NY Muniome Trust Liabilities-to-Assets Chart

Eaton Vance NY Muniome Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.36 0.38 0.36 0.35

Eaton Vance NY Muniome Trust Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
Liabilities-to-Assets 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 Premium Member Only Premium Member Only 0.36 0.36 0.37 0.35 0.35

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

For the Asset Management subindustry, Eaton Vance NY 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 NY Muniome Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

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

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



Eaton Vance NY 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 NY Muniome Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2020 is calculated as:

Liabilities-to-Assets (A: Nov. 2020 )=Total Liabilities/Total Assets
=43.993/124.869
=0.35

Eaton Vance NY Muniome Trust's Liabilities-to-Assets Ratio for the quarter that ended in May. 2021 is calculated as

Liabilities-to-Assets (Q: May. 2021 )=Total Liabilities/Total Assets
=43.639/125.493
=0.35

* 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 NY Muniome Trust  (AMEX:EVY) 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 NY Muniome Trust Liabilities-to-Assets Related Terms

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


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

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance NY Muni Income Trust is a United States-based non-diversified closed-end investment company. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The trust invests in debt securities issued by New York municipalities. Its portfolio of investments consists of the hospital, real estate, and other areas.
Executives
Christopher J. Eustance officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Harriett Tee Taggart other: Trustee 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
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
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ralph F Verni director
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Craig R Brandon other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
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
Ronald A Pearlman director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109