Eaton Vance MA Muniome Trust (Eaton Vance MA Muniome Trust) Debt-to-Equity : 0.10 (As of May. 2018)

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What is Eaton Vance MA Muniome Trust Debt-to-Equity?

Eaton Vance MA Muniome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was $0.00 Mil. Eaton Vance MA Muniome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was $4.20 Mil. Eaton Vance MA Muniome Trust's Total Stockholders Equity for the quarter that ended in May. 2018 was $40.27 Mil. Eaton Vance MA Muniome Trust's debt to equity for the quarter that ended in May. 2018 was 0.10.

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 MA Muniome Trust's Debt-to-Equity or its related term are showing as below:

MMV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.13
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Eaton Vance MA Muniome Trust was 0.13. The lowest was 0.02. And the median was 0.09.

MMV's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs MMV: 0.02

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

The historical data trend for Eaton Vance MA 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 MA Muniome Trust Debt-to-Equity Chart

Eaton Vance MA Muniome Trust Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Debt-to-Equity

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0.06

0.03

0.04

0.02

Eaton Vance MA Muniome Trust Semi-Annual Data
	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
Debt-to-Equity	Get a 7-Day Free Trial												0.04	0.04	0.02	0.02	0.10

Competitive Comparison of Eaton Vance MA Muniome Trust's Debt-to-Equity

For the Asset Management subindustry, Eaton Vance MA 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 MA Muniome Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Eaton Vance MA Muniome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eaton Vance MA Muniome Trust's Debt to Equity Ratio for the fiscal year that ended in Nov. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.916)	/	44.001
	=	0.02

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4.198)	/	40.265
	=	0.10

Eaton Vance MA Muniome Trust (AMEX:MMV) 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 MA Muniome Trust Debt-to-Equity Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance MA Muni Income Trust (AMEX:MMV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://funds.eatonvance.com

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