GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance NY Muni Income Trust (AMEX:EVY) » Definitions » Net Current Asset Value

Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) Net Current Asset Value : $0.00 (As of May. 2021)


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

What is Eaton Vance NY Muniome Trust 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 NY Muniome Trust's net current asset value per share for the quarter that ended in May. 2021 was $0.00.

The historical rank and industry rank for Eaton Vance NY Muniome Trust's Net Current Asset Value or its related term are showing as below:

EVY'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 NY Muniome Trust Net Current Asset Value Historical Data

The historical data trend for Eaton Vance NY Muniome Trust'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 NY Muniome Trust Net Current Asset Value Chart

Eaton Vance NY Muniome Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Eaton Vance NY Muniome Trust's Net Current Asset Value

For the Asset Management subindustry, Eaton Vance NY Muniome Trust'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 NY Muniome Trust's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance NY Muniome Trust's Price-to-Net-Current-Asset-Value falls into.



Eaton Vance NY Muniome Trust Net Current Asset Value Calculation

Eaton Vance NY Muniome Trust's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2020 is calculated as

Net Current Asset Value Per Share(A: Nov. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-43.993-0-0)/5.40183
=N/A

Eaton Vance NY Muniome Trust's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2021 is calculated as

Net Current Asset Value Per Share(Q: May. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-43.639-0-0)/5.40183
=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 NY Muniome Trust  (AMEX:EVY) 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 NY Muniome Trust Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Eaton Vance NY Muniome Trust's Net Current Asset Value 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