EVY (Eaton Vance NY Muniome Trust) Interest Expense: $-0.27 Mil (TTM As of May. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

EVY Eaton Vance NY Muni Income Trust EVY
16 GF Score
Price $15.17
View Full Analysis

What is Eaton Vance NY Muniome Trust Interest Expense?

Eaton Vance NY Muniome Trust EVY 16 Interest Expense is $-0.27 Mil as of May. 2021. GuruFocus rates EVY with a GF Score™ of 16/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eaton Vance NY Muniome Trust's interest expense for the six months ended in May. 2021 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2021 was $-0.27 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Eaton Vance NY Muniome Trust's Operating Income for the six months ended in May. 2021 was $ Mil. Eaton Vance NY Muniome Trust's Interest Expense for the six months ended in May. 2021 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Eaton Vance NY Muniome Trust Interest Expense Historical Data

* Premium members only.

The historical data trend for Eaton Vance NY Muniome Trust's Interest Expense 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.

Eaton Vance NY Muniome Trust Interest Expense Chart

Eaton Vance NY Muniome Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.62 -0.98 -1.17 -0.92 -0.53

Eaton Vance NY Muniome Trust Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
Interest Expense 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 -0.48 -0.44 -0.37 -0.16 -0.11
EVY
16GF Score
Eaton Vance NY Muni Income Trust EVY
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton Vance NY Muniome Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in May. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.27 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.27 Mil mean?
Eaton Vance NY Muniome Trust (EVY) has a Interest Expense of $-0.27 Mil as of May. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Eaton Vance NY Muniome Trust and its competitors.
Is Eaton Vance NY Muniome Trust's Interest Expense too high?
Eaton Vance NY Muniome Trust's current Interest Expense is $-0.27 Mil. Overall, Eaton Vance NY Muniome Trust has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance NY Muniome Trust's Interest Expense compare to OCCI and JEQ?
Eaton Vance NY Muniome Trust's Interest Expense of $-0.27 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Asset Management company?
A good Interest Expense depends on the Asset Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Eaton Vance NY Muniome Trust and its competitors. Eaton Vance NY Muniome Trust's current Interest Expense is $-0.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance NY Muniome Trust stock overvalued right now?
Eaton Vance NY Muniome Trust (EVY) has a current Interest Expense of $-0.27 Mil. The current Interest Expense is $-0.27 Mil. Eaton Vance NY Muniome Trust's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Eaton Vance NY Muniome Trust (EVY), the current Interest Expense is $-0.27 Mil as of May. 2021. 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.

Eaton Vance NY Muniome Trust Business Description

Address Two International Place, Boston, MA, USA, 02110
Eaton Vance NY Muni Income Trust is a United States-based non-diversified closed-end investment company. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The trust invests in debt securities issued by New York municipalities. Its portfolio of investments consists of the hospital, real estate, and other areas.
16GF Score

Get the complete analysis for EVY

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.17
Price