What is Eaton Vance Risk-Managed Diversified Equityome Fund Financial Strength?
Eaton Vance Risk-Managed Diversified Equityome Fund has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Eaton Vance Risk-Managed Diversified Equityome Fund's interest coverage with the available data.
Eaton Vance Risk-Managed Diversified Equityome Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
Eaton Vance Risk-Managed Diversified Equityome Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Eaton Vance Risk-Managed Diversified Equityome Fund's Interest Expense for the
months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Eaton Vance Risk-Managed Diversified Equityome Fund's Interest Coverage for the quarter that ended in Dec. 2023 is
| Eaton Vance Risk-Managed Diversified Equityome Fund had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Eaton Vance Risk-Managed Diversified Equity Income Fund has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Eaton Vance Risk-Managed Diversified Equityome Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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 Risk-Managed Diversified Equityome Fund (Eaton Vance Risk-Managed Diversified Equityome Fund) Business Description
Traded in Other Exchanges
N/A
Address
Two International Place, Suite 1400, Boston, MA, USA, 02110
Eaton Vance Risk-Managed Diversified Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The group invests in various sectors such as financials, healthcare, consumer discretionary, consumer staples, industrials, energy, utilities, telecommunication services, and materials.
Executives
| Charles Gaffney |
other: Portfolio Manager |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Douglas R Rogers |
other: Portfolio Manager |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Anchal Pachnanda |
officer: Officer |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Williams Ray Kelly Jr |
officer: President |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Alan C. Bowser |
other: Trustee |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Nicholas Dilorenzo |
officer: Secretary |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Nancy A Wiser |
other: Trustee |
WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116 |
| Jill Damon |
officer: Secretary |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| George R. Nelson |
officer: Portfolio Manager |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Kimberly M Roessiger |
officer: Secretary |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Deidre E Walsh |
officer: Vice President |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Keith Quinton |
other: Trustee |
TWO INTERNATIONAL PLACE, BOSTON MA 02110 |
| Marcus L. Smith |
other: Trustee |
555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202 |
| Froio Richard F Sr |
officer: Chief Compliance Officer |
C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129 |
| Mark R Fetting |
other: Trustee |
LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202 |
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