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Eaton Vance MA Muniome Trust (Eaton Vance MA Muniome Trust) Financial Strength : 0 (As of May. 2018)


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What is Eaton Vance MA Muniome Trust Financial Strength?

Eaton Vance MA Muniome Trust has the Financial Strength Rank of 0.

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 MA Muniome Trust's interest coverage with the available data. Eaton Vance MA Muniome Trust's debt to revenue ratio for the quarter that ended in May. 2018 was 2.96. Altman Z-Score does not apply to banks and insurance companies.


Eaton Vance MA Muniome Trust 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 MA Muniome Trust's Interest Expense for the months ended in May. 2018 was $-0.29 Mil. Its Operating Income for the months ended in May. 2018 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was $4.20 Mil.

Eaton Vance MA Muniome Trust's Interest Coverage for the quarter that ended in May. 2018 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Eaton Vance MA Muniome Trust's Debt to Revenue Ratio for the quarter that ended in May. 2018 is

Debt to Revenue Ratio=Total Debt (Q: May. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 4.198) / 1.416
=2.96

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 MA Muniome Trust  (AMEX:MMV) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Eaton Vance MA Muniome Trust has the Financial Strength Rank of 0.


Eaton Vance MA Muniome Trust Financial Strength Related Terms

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

Traded in Other Exchanges
N/A
Address
Eaton Vance MA Muni Income Trust is a non-diversified closed-end management 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 primarily in debt securities issued by Massachusetts municipalities. Its strategy is to invest mainly in investment grade bonds. The trust may use interest rate hedging to moderate performance on both the upside and the downside of the market as well as to enhance the performance of the portfolio. Eaton Vance Management acts as an investment adviser of the trust.
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
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
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110