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Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) LT-Debt-to-Total-Asset : 0.32 (As of May. 2021)


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What is Eaton Vance NY Muniome Trust LT-Debt-to-Total-Asset?

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 NY Muniome Trust's long-term debt to total assests ratio for the quarter that ended in May. 2021 was 0.32.

Eaton Vance NY Muniome Trust's long-term debt to total assets ratio declined from May. 2020 (0.37) to May. 2021 (0.32). It may suggest that Eaton Vance NY Muniome Trust is progressively becoming less dependent on debt to grow their business.

Eaton Vance NY Muniome Trust LT-Debt-to-Total-Asset Historical Data

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

* Premium members only.

Eaton Vance NY Muniome Trust LT-Debt-to-Total-Asset Chart

Eaton Vance NY Muniome Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.37 0.36 0.35

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
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 0.36 0.36 0.37 0.35 0.32

Eaton Vance NY Muniome Trust LT-Debt-to-Total-Asset Calculation

Eaton Vance NY Muniome Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2020 is calculated as

LT Debt to Total Assets (A: Nov. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2020 )/Total Assets (A: Nov. 2020 )
=43.724/124.869
=0.35

Eaton Vance NY Muniome Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2021 is calculated as

LT Debt to Total Assets (Q: May. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: May. 2021 )/Total Assets (Q: May. 2021 )
=40.531/125.493
=0.32

* 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  (AMEX:EVY) 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 NY Muniome Trust LT-Debt-to-Total-Asset Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance NY Muni Income Trust (AMEX:EVY) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
OCCI JEQ PFX IAE DTF CEV CEN IHTA NMS NXC BLK BX TSX:BAM.A OSTO:INVE A BK APO KKR AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Website
http://www.eatonvance.com
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.
Executives
Christopher J. Eustance officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Harriett Tee Taggart other: Trustee 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ralph F Verni director
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Craig R Brandon other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Ronald A Pearlman director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109