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What is BNY Mellon Strategic Municipals, Debt-to-Equity?
BNY Mellon Strategic Municipals,LEO -0.16%30 Debt-to-Equity is 0.33 as of Mar. 2026, which is 11% below its 10-year median of 0.37. GuruFocus rates LEO with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 961 Asset Management companies, BNY Mellon Strategic Municipals, ranks worse than 60.15% on this metric.
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 BNY Mellon Strategic Municipals,'s Debt-to-Equity or its related term are showing as below:
LEO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.37 Max: 0.47
Current: 0.33
During the past 9 years, the highest Debt-to-Equity Ratio of BNY Mellon Strategic Municipals, was 0.47. The lowest was 0.25. And the median was 0.37.
LEO's Debt-to-Equity is ranked worse than 60.15% of 961
companies
in the Asset Management industry
Industry Median: 0.21
vs LEO: 0.33
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.
BNY Mellon Strategic Municipals, Debt-to-Equity Related Terms
BNY Mellon Strategic Municipals, Debt-to-Equity Historical Data
* 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.
For the Asset Management subindustry, BNY Mellon Strategic Municipals,'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.
BNY Mellon Strategic Municipals, Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where BNY Mellon Strategic Municipals,'s Debt-to-Equity falls into.
* 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.
BNY Mellon Strategic Municipals, (LEO) has a Debt-to-Equity of 0.33 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon Strategic Municipals, and its competitors. This is 11% below median its historical median of 0.37. Over the past decade, BNY Mellon Strategic Municipals,'s Debt-to-Equity has ranged from 0.25 to 0.47. According to the industry distribution chart, BNY Mellon Strategic Municipals, ranks #578 out of 961 companies in the Asset Management industry, placing it in the top 60.1%.
Is BNY Mellon Strategic Municipals,'s Debt-to-Equity too high?
BNY Mellon Strategic Municipals,'s current Debt-to-Equity of 0.33 is 11% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.47. The Asset Management industry median Debt-to-Equity is 0.21. BNY Mellon Strategic Municipals,'s value of 0.33 is 57.1% above this industry median. Based on the distribution chart, BNY Mellon Strategic Municipals, ranks #578 out of 961 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s Debt-to-Equity compare to SDHY and INV?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipals, ranks #578 out of 961 companies for Debt-to-Equity. This places BNY Mellon Strategic Municipals, in the lower half of its industry. The industry median Debt-to-Equity is 0.21. BNY Mellon Strategic Municipals,'s value of 0.33 is 57.1% above this benchmark. Historically, BNY Mellon Strategic Municipals,'s own Debt-to-Equity has ranged from 0.25 to 0.47 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.21, BNY Mellon Strategic Municipals, has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon Strategic Municipals,'s current Debt-to-Equity of 0.33 is 57.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BNY Mellon Strategic Municipals, and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon Strategic Municipals,'s current Debt-to-Equity is 0.33, which is 11% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
BNY Mellon Strategic Municipals, (LEO) has a current Debt-to-Equity of 0.33. The current Debt-to-Equity is 0.33, which is 11% below median its 10-year median of 0.37 and 57.1% above the Asset Management industry median of 0.21. BNY Mellon Strategic Municipals,'s overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BNY Mellon Strategic Municipals, (LEO), the current Debt-to-Equity is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BNY Mellon Strategic Municipals, Business Description
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
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