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BNY Mellon Municipalome, (BNY Mellon Municipalome,) Equity-to-Asset : 0.64 (As of Sep. 2023)


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What is BNY Mellon Municipalome, Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BNY Mellon Municipalome,'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was $141.65 Mil. BNY Mellon Municipalome,'s Total Assets for the quarter that ended in Sep. 2023 was $221.04 Mil. Therefore, BNY Mellon Municipalome,'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.64.

The historical rank and industry rank for BNY Mellon Municipalome,'s Equity-to-Asset or its related term are showing as below:

DMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.65   Max: 0.68
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of BNY Mellon Municipalome, was 0.68. The lowest was 0.62. And the median was 0.65.

DMF's Equity-to-Asset is ranked worse than
70.06% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs DMF: 0.64

BNY Mellon Municipalome, Equity-to-Asset Historical Data

The historical data trend for BNY Mellon Municipalome,'s Equity-to-Asset 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.

BNY Mellon Municipalome, Equity-to-Asset Chart

BNY Mellon Municipalome, Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.65 0.66 0.62 0.64

BNY Mellon Municipalome, Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.66 0.62 0.65 0.64

Competitive Comparison of BNY Mellon Municipalome,'s Equity-to-Asset

For the Asset Management subindustry, BNY Mellon Municipalome,'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.


BNY Mellon Municipalome,'s Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where BNY Mellon Municipalome,'s Equity-to-Asset falls into.



BNY Mellon Municipalome, 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.

BNY Mellon Municipalome,'s Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=141.654/221.044
=0.64

BNY Mellon Municipalome,'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=141.654/221.044
=0.64

* 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 Municipalome,  (AMEX:DMF) 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%.


BNY Mellon Municipalome, Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BNY Mellon Municipalome,'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon Municipalome, (BNY Mellon Municipalome,) Business Description

Traded in Other Exchanges
N/A
Address
c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Municipal Income, Inc. is a non-diversified closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The fund invests in municipal obligations that are rated investment grade and have maturities of less than one year. The company targets to invest in the sector such as education, pre-refunded muni, utility, transportation, healthcare, special tax, state/territory general obligations, industry revenue, and pollution control.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Tamara Belinfanti other: Advisory Board Member C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286

BNY Mellon Municipalome, (BNY Mellon Municipalome,) Headlines

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