CEV (Eaton Vance CA Muniome Trust) Scaled Net Operating Assets: 1.08 (As of Nov. 2025)


CEV Eaton Vance CA Muni Income Trust CEV
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What is Eaton Vance CA Muniome Trust Scaled Net Operating Assets?

Eaton Vance CA Muniome Trust CEV +0.19% 30 Scaled Net Operating Assets is 1.08 as of Nov. 2025. GuruFocus rates CEV with a GF Score™ of 30/100. The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Eaton Vance CA Muniome Trust's operating assets for the quarter that ended in Nov. 2025 was $119.24 Mil. Eaton Vance CA Muniome Trust's operating liabilities for the quarter that ended in Nov. 2025 was $2.81 Mil. Eaton Vance CA Muniome Trust's Total Assets for the quarter that ended in May. 2025 was $107.65 Mil. Therefore, Eaton Vance CA Muniome Trust's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 1.08.

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Eaton Vance CA Muni Income Trust CEV
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Eaton Vance CA Muniome Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Eaton Vance CA Muniome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(119.24-2.81)/109.946
=1.06

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=119.329 - 0.089
=119.24

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.477 - 37.667 - 0
=2.81

Eaton Vance CA Muniome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(119.24-2.81)/107.647
=1.08

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=119.329 - 0.089
=119.24

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.477 - 37.667 - 0
=2.81

* 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.

What does a Scaled Net Operating Assets of 1.08 mean?
Eaton Vance CA Muniome Trust (CEV) has a Scaled Net Operating Assets of 1.08 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eaton Vance CA Muniome Trust and its competitors.
Is Eaton Vance CA Muniome Trust's Scaled Net Operating Assets too high?
Eaton Vance CA Muniome Trust's current Scaled Net Operating Assets is 1.08. Overall, Eaton Vance CA Muniome Trust has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance CA Muniome Trust's Scaled Net Operating Assets compare to EEA and PCM?
Eaton Vance CA Muniome Trust's Scaled Net Operating Assets of 1.08 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eaton Vance CA Muniome Trust and its competitors. Eaton Vance CA Muniome Trust's current Scaled Net Operating Assets is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance CA Muniome Trust stock overvalued right now?
Eaton Vance CA Muniome Trust (CEV) has a current Scaled Net Operating Assets of 1.08. The current Scaled Net Operating Assets is 1.08. Eaton Vance CA Muniome Trust'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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Eaton Vance CA Muniome Trust (CEV), the current Scaled Net Operating Assets is 1.08 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.

Eaton Vance CA Muniome Trust Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance CA Muni Income Trust is a non-diversified closed-end investment company. The company's investment objective is to provide current income exempt from regular federal income tax and California state personal income taxes. It invests in municipal obligations, issued by the State of California or its political subdivisions, agencies, authorities and instrumentalities and also has some exposure to corporate bonds.
30GF Score

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