EVM (Eaton Vance California Municipal Bond Fund) LT-Debt-to-Total-Asset: 0.26 (As of Mar. 2025)


EVM Eaton Vance California Municipal Bond Fund EVM
23 GF Score
Price $9.46
View Full Analysis

What is Eaton Vance California Municipal Bond Fund LT-Debt-to-Total-Asset?

Eaton Vance California Municipal Bond Fund EVM -0.84% 23 LT-Debt-to-Total-Asset is 0.26 as of Mar. 2025. GuruFocus rates EVM with a GF Score™ of 23/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Eaton Vance California Municipal Bond Fund's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.26.

Eaton Vance California Municipal Bond Fund's long-term debt to total assets ratio stayed the same from Mar. 2024 (0.26) to Mar. 2025 (0.26).

Eaton Vance California Municipal Bond Fund  (AMEX:EVM) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Eaton Vance California Municipal Bond Fund LT-Debt-to-Total-Asset Related Terms

Eaton Vance California Municipal Bond Fund LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Eaton Vance California Municipal Bond Fund's LT-Debt-to-Total-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.

Eaton Vance California Municipal Bond Fund LT-Debt-to-Total-Asset Chart

Eaton Vance California Municipal Bond Fund Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.40 0.42 0.29 0.33

Eaton Vance California Municipal Bond Fund Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
LT-Debt-to-Total-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 0.35 0.29 0.26 0.33 0.26
EVM
23GF Score
Eaton Vance California Municipal Bond Fund EVM
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton Vance California Municipal Bond Fund LT-Debt-to-Total-Asset Calculation

Eaton Vance California Municipal Bond Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=327.226/991.763
=0.33

Eaton Vance California Municipal Bond Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )/Total Assets (Q: Mar. 2025 )
=94.677/362.038
=0.26

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.26 mean?
Eaton Vance California Municipal Bond Fund (EVM) has a LT-Debt-to-Total-Asset of 0.26 as of Mar. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Eaton Vance California Municipal Bond Fund and its competitors.
Is Eaton Vance California Municipal Bond Fund's LT-Debt-to-Total-Asset too high?
Eaton Vance California Municipal Bond Fund's current LT-Debt-to-Total-Asset is 0.26. Overall, Eaton Vance California Municipal Bond Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance California Municipal Bond Fund's LT-Debt-to-Total-Asset compare to TSI and LIEN?
Eaton Vance California Municipal Bond Fund's LT-Debt-to-Total-Asset of 0.26 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 LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Eaton Vance California Municipal Bond Fund and its competitors. Eaton Vance California Municipal Bond Fund's current LT-Debt-to-Total-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance California Municipal Bond Fund stock overvalued right now?
Eaton Vance California Municipal Bond Fund (EVM) has a current LT-Debt-to-Total-Asset of 0.26. The current LT-Debt-to-Total-Asset is 0.26. Eaton Vance California Municipal Bond Fund's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Eaton Vance California Municipal Bond Fund (EVM), the current LT-Debt-to-Total-Asset is 0.26 as of Mar. 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.

Eaton Vance California Municipal Bond Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance California Municipal Bond Fund is an investment company with an objective to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The company provides its solutions to individual investors, institutional investors, high net worth individuals, family office investors, and financial professionals. It offers a range of equity, income, and alternative strategies to institutional investors, both in the United States and internationally.
23GF Score

Get the complete analysis for EVM

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.46
Price