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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.
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.
NYLI MacKay DefinedTerm Muni Opportunities Fund Debt-to-Equity Related Terms
NYLI MacKay DefinedTerm Muni Opportunities Fund 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund Debt-to-Equity Chart
NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
For the Asset Management subindustry, NYLI MacKay DefinedTerm Muni Opportunities Fund'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.
NYLI MacKay DefinedTerm Muni Opportunities Fund Debt-to-Equity vs Asset Management Industry
* 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a Debt-to-Equity of 0.52 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. This is near median its historical median of 0.52. Over the past decade, NYLI MacKay DefinedTerm Muni Opportunities Fund's Debt-to-Equity has ranged from 0.41 to 0.65. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #705 out of 960 companies in the Asset Management industry, placing it in the top 73.4%.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's Debt-to-Equity too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current Debt-to-Equity of 0.52 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.65. The Asset Management industry median Debt-to-Equity is 0.21. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 0.52 is 147.6% above this industry median. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #705 out of 960 companies in the Asset Management industry, which is below the industry midpoint. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's Debt-to-Equity compare to RMM and PMO?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #705 out of 960 companies for Debt-to-Equity. This places NYLI MacKay DefinedTerm Muni Opportunities Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. NYLI MacKay DefinedTerm Muni Opportunities Fund's value of 0.52 is 147.6% above this benchmark. Historically, NYLI MacKay DefinedTerm Muni Opportunities Fund's own Debt-to-Equity has ranged from 0.41 to 0.65 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.21, NYLI MacKay DefinedTerm Muni Opportunities Fund 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 960 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. NYLI MacKay DefinedTerm Muni Opportunities Fund's current Debt-to-Equity of 0.52 is 147.6% 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 NYLI MacKay DefinedTerm Muni Opportunities Fund 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. NYLI MacKay DefinedTerm Muni Opportunities Fund's current Debt-to-Equity is 0.52, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund stock overvalued right now?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a current Debt-to-Equity of 0.52. The current Debt-to-Equity is 0.52, which is near median its 10-year median of 0.52 and 147.6% above the Asset Management industry median of 0.21. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 30/100 with 4 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 NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current Debt-to-Equity is 0.52 as of Nov. 2025. 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.
NYLI MacKay DefinedTerm Muni Opportunities Fund Business Description
NYLI MacKay DefinedTerm Muni Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company predominantly invests in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes.
30GF Score
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