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Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) Debt-to-Equity

: 0.50 (As of May. 2021)
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Eaton Vance NY Muniome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2021 was $0.00 Mil. Eaton Vance NY Muniome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2021 was $40.53 Mil. Eaton Vance NY Muniome Trust's Total Stockholders Equity for the quarter that ended in May. 2021 was $81.85 Mil. Eaton Vance NY Muniome Trust's debt to equity for the quarter that ended in May. 2021 was 0.50.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Eaton Vance NY Muniome Trust's Debt-to-Equity or its related term are showing as below:

EVY's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Eaton Vance NY Muniome Trust Debt-to-Equity Historical Data

The historical data trend for Eaton Vance NY Muniome Trust's Debt-to-Equity 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 Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.60 0.57 0.54

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
Debt-to-Equity 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 0.57 0.57 0.58 0.54 0.50

Competitive Comparison

For the Asset Management subindustry, Eaton Vance NY Muniome Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

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

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



Eaton Vance NY Muniome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eaton Vance NY Muniome Trust's Debt to Equity Ratio for the fiscal year that ended in Nov. 2020 is calculated as

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

* 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Eaton Vance NY Muniome Trust Debt-to-Equity Related Terms

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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