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Eaton Vance Floating-rateome Trust Debt-to-Equity

: 0.37 (As of May. 2020)
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Eaton Vance Floating-rateome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $0.00 Mil. Eaton Vance Floating-rateome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $190.00 Mil. Eaton Vance Floating-rateome Trust's Total Stockholders Equity for the quarter that ended in May. 2020 was $519.47 Mil. Eaton Vance Floating-rateome Trust's debt to equity for the quarter that ended in May. 2020 was 0.37.

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.

NYSE:EFT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37   Med: 0.41   Max: 0.41
Current: 0.37

0.37
0.41

During the past 3 years, the highest Debt-to-Equity Ratio of Eaton Vance Floating-rateome Trust was 0.41. The lowest was 0.37. And the median was 0.41.

NYSE:EFT's Debt-to-Equity is ranked lower than
64% of the 936 Companies
in the Asset Management industry.

( Industry Median: 0.22 vs. NYSE:EFT: 0.37 )

Eaton Vance Floating-rateome Trust Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Eaton Vance Floating-rateome Trust Annual Data
May18 May19 May20
Debt-to-Equity 0.41 0.41 0.37

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Debt-to-Equity Premium Member Only 0.41 0.40 0.41 0.41 0.37

Competitive Comparison
* 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.


Eaton Vance Floating-rateome Trust Debt-to-Equity Distribution

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



Eaton Vance Floating-rateome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eaton Vance Floating-rateome Trust's Debt to Equity Ratio for the fiscal year that ended in May. 2020 is calculated as

Eaton Vance Floating-rateome Trust's Debt to Equity Ratio for the quarter that ended in May. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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 Floating-rateome Trust Debt-to-Equity Related Terms


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