Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CXH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.62 Max: 0.64
Current: 0.61
During the past 9 years, the highest Equity to Asset Ratio of Mfs Investment Grade Municipal Trust was 0.64. The lowest was 0.59. And the median was 0.62.
CXH's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83
vs CXH: 0.61
Mfs Investment Grade Municipal Trust (NYSE:CXH) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Mfs Investment Grade Municipal Trust Equity-to-Asset Related Terms
Mfs Investment Grade Municipal Trust Equity-to-Asset 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.
Mfs Investment Grade Municipal Trust Equity-to-Asset Chart
CXH vs MLCI, RMCO, BXLC: Equity-to-Asset Comparison
For the Asset Management subindustry, Mfs Investment Grade Municipal Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Mfs Investment Grade Municipal Trust Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mfs Investment Grade Municipal Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mfs Investment Grade Municipal Trust's Equity-to-Asset falls into.
Mfs Investment Grade Municipal Trust Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
Mfs Investment Grade Municipal Trust (CXH) has a Equity-to-Asset of 0.61 as of Nov. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mfs Investment Grade Municipal Trust and its competitors. This is near median its historical median of 0.62. Over the past decade, Mfs Investment Grade Municipal Trust's Equity-to-Asset has ranged from 0.59 to 0.64.
Is Mfs Investment Grade Municipal Trust's Equity-to-Asset too high?
Mfs Investment Grade Municipal Trust's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.64. The Asset Management industry median Equity-to-Asset is 0.83. Mfs Investment Grade Municipal Trust's value of 0.61 is 26.5% below this industry median. Overall, Mfs Investment Grade Municipal Trust has a GF Scoreâ„¢ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Mfs Investment Grade Municipal Trust's Equity-to-Asset compare to MLCI and RMCO?
Mfs Investment Grade Municipal Trust's Equity-to-Asset of 0.61 can be compared against companies in the Asset Management industry. The industry median Equity-to-Asset is 0.83. Mfs Investment Grade Municipal Trust's value of 0.61 is 26.5% below this benchmark. Historically, Mfs Investment Grade Municipal Trust's own Equity-to-Asset has ranged from 0.59 to 0.64 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.83, Mfs Investment Grade Municipal Trust has consistently been below 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,629 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mfs Investment Grade Municipal Trust's current Equity-to-Asset of 0.61 is 26.5% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mfs Investment Grade Municipal Trust and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfs Investment Grade Municipal Trust's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfs Investment Grade Municipal Trust stock overvalued right now?
Mfs Investment Grade Municipal Trust (CXH) has a current Equity-to-Asset of 0.61. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.62 and 26.5% below the Asset Management industry median of 0.83. Mfs Investment Grade Municipal Trust's overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Mfs Investment Grade Municipal Trust (CXH), the current Equity-to-Asset is 0.61 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.
Mfs Investment Grade Municipal Trust is a United States-based diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowing for investment purposes, in tax-exempt bonds and tax-exempt notes.
16GF Score
Get the complete analysis for CXH
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CXH has been successfully added to your 
