DWS Municipalome Trust (DWS Municipalome Trust) Debt-to-Equity

: 0.04 (As of Nov. 2023)

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DWS Municipalome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. DWS Municipalome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $16.02 Mil. DWS Municipalome Trust's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $393.84 Mil. DWS Municipalome Trust's debt to equity for the quarter that ended in Nov. 2023 was 0.04.

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

KTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 0.16
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of DWS Municipalome Trust was 0.16. The lowest was 0.04. And the median was 0.12.

KTF's Debt-to-Equity is ranked better than
86.26% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs KTF: 0.04

DWS Municipalome Trust Debt-to-Equity Historical Data

The historical data trend for DWS Municipalome 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.

DWS Municipalome Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

0.12

0.11

0.13

0.04

DWS Municipalome Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity									0.11	0.12	0.13	0.13	0.04

Competitive Comparison

For the Asset Management subindustry, DWS Municipalome 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.

DWS Municipalome Trust Debt-to-Equity Distribution

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

* The bar in red indicates where DWS Municipalome Trust's Debt-to-Equity falls into.

DWS Municipalome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DWS Municipalome Trust's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 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	+	16.023)	/	393.843
	=	0.04

DWS Municipalome Trust's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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	+	16.023)	/	393.843
	=	0.04

DWS Municipalome Trust (NYSE:KTF) 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.

DWS Municipalome Trust Debt-to-Equity Related Terms

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DWS Municipalome Trust (DWS Municipalome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DWS Municipal Income Trust (NYSE:KTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Third Avenue, New York, NY, USA, 10022-6225

Website

https://www.dws.com

DWS Municipal Income Trust is a closed-end, diversified investment management company. The investment objective is to provide high current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.

Executives

Jpmorgan Chase Bank, National Association	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Mary S Daugherty	director	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
George Catrambone	other: Director of Investment Adviser	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Richard J Herring	director	345 PARK AVENUE, NEW YORK NY 10154
Chad Perry	director	C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Catherine Schrand	director	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs	officer: AML Compliance Officer	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Chad Farrington	other: Portfolio Manager	C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 10154
Helen Delman	other: Section 16	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
John W Ballantine	director	C/O OAK BROOK BANK, 1400 SIXTEENTH ST, OAK BROOK IL 60523
Keith R Fox	director	85 MERRIMAC STREET, BOSTON MA 02114
Ciara L. Crawford	officer: Assistant Secretary	C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 11752
Peter Aloisi	other: Portfolio Manager	C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154
William N Searcy	director	345 PARK AVENUE, NEW YORK NY 10154