LEO (BNY Mellon Strategic Municipals,) LT-Debt-to-Total-Asset: 0.22 (As of Mar. 2026)


LEO BNY Mellon Strategic Municipals, Inc. LEO
28 GF Score
Price $6.46
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What is BNY Mellon Strategic Municipals, LT-Debt-to-Total-Asset?

BNY Mellon Strategic Municipals, LEO +0.16% 28 LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. GuruFocus rates LEO with a GF Score™ of 28/100. The stock has 6 warning signs investors should review.

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. BNY Mellon Strategic Municipals,'s long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.22.

BNY Mellon Strategic Municipals,'s long-term debt to total assets ratio declined from Mar. 2025 (0.23) to Mar. 2026 (0.22). It may suggest that BNY Mellon Strategic Municipals, is progressively becoming less dependent on debt to grow their business.

BNY Mellon Strategic Municipals,  (NYSE:LEO) 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.

BNY Mellon Strategic Municipals, LT-Debt-to-Total-Asset Related Terms

BNY Mellon Strategic Municipals, LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipals,'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.

BNY Mellon Strategic Municipals, LT-Debt-to-Total-Asset Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.24 0.26 0.23 0.21 0.22

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.18 0.21 0.23 0.22 0.22
LEO
28GF Score
BNY Mellon Strategic Municipals, Inc. LEO
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon Strategic Municipals, LT-Debt-to-Total-Asset Calculation

BNY Mellon Strategic Municipals,'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

LT Debt to Total Assets (A: Sep. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2025 )/Total Assets (A: Sep. 2025 )
=139.045/646.339
=0.22

BNY Mellon Strategic Municipals,'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=139.045/648.019
=0.21

* 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 0.22 mean?
BNY Mellon Strategic Municipals, (LEO) has a LT-Debt-to-Total-Asset of 0.22 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on BNY Mellon Strategic Municipals, and its competitors.
Is BNY Mellon Strategic Municipals,'s LT-Debt-to-Total-Asset too high?
BNY Mellon Strategic Municipals,'s current LT-Debt-to-Total-Asset is 0.22. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s LT-Debt-to-Total-Asset compare to VKI and AEF?
BNY Mellon Strategic Municipals,'s LT-Debt-to-Total-Asset of 0.22 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 BNY Mellon Strategic Municipals, and its competitors. BNY Mellon Strategic Municipals,'s current LT-Debt-to-Total-Asset is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
BNY Mellon Strategic Municipals, (LEO) has a current LT-Debt-to-Total-Asset of 0.22. The current LT-Debt-to-Total-Asset is 0.22. BNY Mellon Strategic Municipals,'s overall GF Score™ is 28/100 with 6 warning signs to review. 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 BNY Mellon Strategic Municipals, (LEO), the current LT-Debt-to-Total-Asset is 0.22 as of Mar. 2026. 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.

BNY Mellon Strategic Municipals, Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
28GF Score

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