MMD (NYLI MacKay DefinedTerm Muni Opportunities Fund) LT-Debt-to-Total-Asset: 0.34 (As of Nov. 2025)


MMD NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
30 GF Score
Price $15.50
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What is NYLI MacKay DefinedTerm Muni Opportunities Fund LT-Debt-to-Total-Asset?

NYLI MacKay DefinedTerm Muni Opportunities Fund MMD -0.06% 30 LT-Debt-to-Total-Asset is 0.34 as of Nov. 2025. GuruFocus rates MMD with a GF Score™ of 30/100. The stock has 5 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. NYLI MacKay DefinedTerm Muni Opportunities Fund's long-term debt to total assests ratio for the quarter that ended in Nov. 2025 was 0.34.

NYLI MacKay DefinedTerm Muni Opportunities Fund's long-term debt to total assets ratio increased from Nov. 2024 (0.30) to Nov. 2025 (0.34). It may suggest that NYLI MacKay DefinedTerm Muni Opportunities Fund is progressively becoming more dependent on debt to grow their business.


NYLI MacKay DefinedTerm Muni Opportunities Fund  (NYSE:MMD) 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.


NYLI MacKay DefinedTerm Muni Opportunities Fund LT-Debt-to-Total-Asset Related Terms


NYLI MacKay DefinedTerm Muni Opportunities Fund LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for NYLI MacKay DefinedTerm Muni Opportunities 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund LT-Debt-to-Total-Asset Chart

NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.36 0.39 0.35 0.29 0.36

NYLI MacKay DefinedTerm Muni Opportunities Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.29 0.29 0.30 0.36 0.34
MMD
30GF Score
NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NYLI MacKay DefinedTerm Muni Opportunities Fund LT-Debt-to-Total-Asset Calculation

NYLI MacKay DefinedTerm Muni Opportunities Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2025 is calculated as

LT Debt to Total Assets (A: May. 2025 )=Long-Term Debt & Capital Lease Obligation (A: May. 2025 )/Total Assets (A: May. 2025 )
=173.285/475.611
=0.36

NYLI MacKay DefinedTerm Muni Opportunities Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2025 is calculated as

LT Debt to Total Assets (Q: Nov. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2025 )/Total Assets (Q: Nov. 2025 )
=160.66/472.73
=0.34

* 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 0.34 mean?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a LT-Debt-to-Total-Asset of 0.34 as of Nov. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's LT-Debt-to-Total-Asset too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current LT-Debt-to-Total-Asset is 0.34. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's LT-Debt-to-Total-Asset compare to PMO and RMM?
NYLI MacKay DefinedTerm Muni Opportunities Fund's LT-Debt-to-Total-Asset of 0.34 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 NYLI MacKay DefinedTerm Muni Opportunities Fund and its competitors. NYLI MacKay DefinedTerm Muni Opportunities Fund's current LT-Debt-to-Total-Asset is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund stock overvalued right now?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a current LT-Debt-to-Total-Asset of 0.34. The current LT-Debt-to-Total-Asset is 0.34. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 30/100 with 5 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 NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current LT-Debt-to-Total-Asset is 0.34 as of Nov. 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund Business Description

Address 51 Madison Avenue, New York, NY, USA, 10010
NYLI MacKay DefinedTerm Muni Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company predominantly invests in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes.
30GF Score

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

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