Eaton Vance Financials

EOT Stock  USD 17.05  0.15  0.87%   
Based on the measurements of operating efficiency obtained from Eaton Vance's historical financial statements, Eaton Vance National is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Eaton Vance's Total Current Assets are comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 313.5 M in 2024, whereas Cash is likely to drop slightly above 7.6 M in 2024. Key indicators impacting Eaton Vance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin1.51.4265
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.080.1408
Way Down
Pretty Stable
Current Ratio15.214.47
Sufficiently Up
Slightly volatile
Investors should never underestimate Eaton Vance's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Eaton Vance's cash flow, debt, and profitability to make informed and accurate decisions about investing in Eaton Vance National.

Net Income

15.29 Million

  
Understanding current and past Eaton Vance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eaton Vance's financial statements are interrelated, with each one affecting the others. For example, an increase in Eaton Vance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Eaton Vance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eaton Vance National. Check Eaton Vance's Beneish M Score to see the likelihood of Eaton Vance's management manipulating its earnings.

Eaton Vance Stock Summary

Eaton Vance competes with PowerUp Acquisition, Aurora Innovation, HUMANA, Barloworld, and Morningstar Unconstrained. Eaton Vance National Municipal Opportunities Trust is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. Eaton Vance National Municipal Opportunities Trust was formed on May 29, 2009 and is domiciled in the United States. Eaton Vance is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS27829L1052
CUSIP27829L105
LocationMassachusetts; U.S.A
Business AddressTwo International Place,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitefunds.eatonvance.com/national-municipal-op
Phone617 482 8260
CurrencyUSD - US Dollar

Eaton Vance Key Financial Ratios

Eaton Vance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Net Debt13.7M8.9M12.4M32.2M40.7M21.4M
Total Current Assets17.1M4.4M5.3M4.9M5.6M6.9M
Total Assets342.7M355.8M341.2M327.3M333.2M281.1M
Retained Earnings22.8M41.3M15.1M(12.3M)(9.5M)(9.0M)
Net Receivables9.2M4.4M5.3M4.9M4.4M4.7M
Capital Surpluse290.6M291.3M291.8M298.4M343.2M321.3M
Total Liab28.3M22.6M27.6M41.1M44.1M29.9M
Short Term Debt451.2K1.5M0.0898.3K936.8K550.8K
Common Stock153.1K153.3K156.2K156.2K179.7K169.4K
Accounts Payable6.3M555.6K7.7M303.8K3.1M3.5M
Other Assets(9.2M)(4.4M)(5.3M)333.2M383.2M402.3M
Net Invested Capital336.0M354.9M333.3M325.8M328.8M273.9M
Other Current Liab(6.3M)(555.6K)(7.7M)594.5K(936.8K)(983.6K)
Other Current Assets(17.1M)(17.2M)(12.6M)(4.9M)(4.4M)(4.7M)
Capital Stock153.1K153.3K156.2K156.2K179.7K170.0K

Eaton Vance Key Income Statement Accounts

The reason investors look at the income statement is to determine what Eaton Vance's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Income6.4M18.2M14.0M14.4M15.6M11.1M
Interest Expense568.9K173.4K222.0K906.8K1.7M2.0M
Total Revenue6.6M30.4M(14.2M)(15.4M)10.2M7.2M
Gross Profit6.6M28.0M(16.8M)(15.4M)1.6M1.6M
Operating Income6.9M(291.9K)(304.4K)(15.7M)(13.2M)(12.6M)
Ebit6.9M(465.3K)(526.4K)(15.7M)14.4M15.1M
Ebitda14.1M30.1M(14.5M)(15.7M)14.6M15.3M
Cost Of Revenue2.7M2.4M2.6M3.0M8.6M9.0M
Income Before Tax6.3M30.1M(14.5M)(15.7M)14.6M15.3M
Net Income6.3M30.1M(14.5M)(15.7M)14.6M15.3M
Net Interest Income15.2M14.3M13.8M13.5M13.9M12.0M
Income Tax Expense(318.4K)(291.9K)14.0M(228.5K)(167.9K)(159.5K)

Eaton Vance Key Cash Accounts

201920202021202220232024 (projected)
Other Non Cash Items(6.3M)(30.1M)14.5M(403.8K)(3.7M)(3.9M)
Net Income6.3M30.1M(14.5M)(15.7M)14.6M7.9M

Eaton Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eaton Vance's current stock value. Our valuation model uses many indicators to compare Eaton Vance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eaton Vance competition to find correlations between indicators driving Eaton Vance's intrinsic value. More Info.
Eaton Vance National is one of the top stocks in return on equity category among its peers. It is rated # 2 in shares outstanding category among its peers . At this time, Eaton Vance's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eaton Vance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Eaton Vance National Systematic Risk

Eaton Vance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eaton Vance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Eaton Vance National correlated with the market. If Beta is less than 0 Eaton Vance generally moves in the opposite direction as compared to the market. If Eaton Vance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eaton Vance National is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eaton Vance is generally in the same direction as the market. If Beta > 1 Eaton Vance moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Eaton Vance is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Eaton has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Eaton Vance's financials are consistent with your investment objective using the following steps:
  • Review Eaton Vance's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Eaton Vance's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Eaton Vance's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Eaton Vance's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Eaton Vance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eaton Vance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eaton Vance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.097)

At this time, Eaton Vance's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Eaton Vance November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eaton Vance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eaton Vance National. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eaton Vance National based on widely used predictive technical indicators. In general, we focus on analyzing Eaton Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eaton Vance's daily price indicators and compare them against related drivers.

Additional Tools for Eaton Stock Analysis

When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.