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Eaton Vance CA Muniome Trust (Eaton Vance CA Muniome Trust) Equity-to-Asset : 0.71 (As of Nov. 2023)


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What is Eaton Vance CA Muniome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance CA Muniome Trust's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $81.42 Mil. Eaton Vance CA Muniome Trust's Total Assets for the quarter that ended in Nov. 2023 was $114.11 Mil. Therefore, Eaton Vance CA Muniome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.71.

The historical rank and industry rank for Eaton Vance CA Muniome Trust's Equity-to-Asset or its related term are showing as below:

CEV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.64   Max: 0.92
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Eaton Vance CA Muniome Trust was 0.92. The lowest was 0.61. And the median was 0.64.

CEV's Equity-to-Asset is ranked worse than
61.75% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs CEV: 0.71

Eaton Vance CA Muniome Trust Equity-to-Asset Historical Data

The historical data trend for Eaton Vance CA Muniome Trust'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.

Eaton Vance CA Muniome Trust Equity-to-Asset Chart

Eaton Vance CA Muniome Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.63 0.63 0.65 0.71

Eaton Vance CA Muniome Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.63 0.59 0.65 0.69 0.71

Competitive Comparison of Eaton Vance CA Muniome Trust's Equity-to-Asset

For the Asset Management subindustry, Eaton Vance CA Muniome 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.


Eaton Vance CA Muniome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance CA Muniome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eaton Vance CA Muniome Trust's Equity-to-Asset falls into.



Eaton Vance CA Muniome 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.

Eaton Vance CA Muniome Trust's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=81.421/114.108
=0.71

Eaton Vance CA Muniome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=81.421/114.108
=0.71

* 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.


Eaton Vance CA Muniome Trust  (AMEX:CEV) 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%.


Eaton Vance CA Muniome Trust Equity-to-Asset Related Terms

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Eaton Vance CA Muniome Trust (Eaton Vance CA Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance CA Muni Income Trust is a non-diversified closed-end investment company. The company's investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. Its portfolio of investments includes cogeneration, education, hospital, housing, industrial development revenue, electric utilities, special tax revenue, transportation, and others.
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
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Carl Thompson other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Trevor G Smith officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202