GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Ohio Municipal Bond Fund (AMEX:EIO) » Definitions » Net Current Asset Value

Eaton Vance Ohio Municipal Bond Fund (Eaton Vance Ohio Municipal Bond Fund) Net Current Asset Value : $0.00 (As of Sep. 2018)


View and export this data going back to 2002. Start your Free Trial

What is Eaton Vance Ohio Municipal Bond Fund Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Eaton Vance Ohio Municipal Bond Fund's net current asset value per share for the quarter that ended in Sep. 2018 was $0.00.

The historical rank and industry rank for Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value or its related term are showing as below:

EIO's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.32
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Eaton Vance Ohio Municipal Bond Fund Net Current Asset Value Historical Data

The historical data trend for Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value 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 Ohio Municipal Bond Fund Net Current Asset Value Chart

Eaton Vance Ohio Municipal Bond Fund Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only - - - - -

Eaton Vance Ohio Municipal Bond Fund Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
Net Current Asset Value 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 - - - - -

Competitive Comparison of Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value

For the Asset Management subindustry, Eaton Vance Ohio Municipal Bond Fund's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Ohio Municipal Bond Fund's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Ohio Municipal Bond Fund's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Eaton Vance Ohio Municipal Bond Fund's Price-to-Net-Current-Asset-Value falls into.



Eaton Vance Ohio Municipal Bond Fund Net Current Asset Value Calculation

Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(A: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-19.425-0-0)/2.54
=N/A

Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2018 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-19.425-0-0)/2.54
=N/A

* 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 Ohio Municipal Bond Fund  (AMEX:EIO) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Eaton Vance Ohio Municipal Bond Fund Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Eaton Vance Ohio Municipal Bond Fund's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Ohio Municipal Bond Fund (Eaton Vance Ohio Municipal Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance Ohio Municipal Bond Fund is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in a state-specific funds, tax in its specified state.
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
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
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

Eaton Vance Ohio Municipal Bond Fund (Eaton Vance Ohio Municipal Bond Fund) Headlines

No Headlines