Eaton Vance Municipal Etf Current Ratio
Eaton Vance Municipal fundamentals help investors to digest information that contributes to Eaton Vance's financial success or failures. It also enables traders to predict the movement of Eaton Etf. The fundamental analysis module provides a way to measure Eaton Vance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eaton Vance etf.
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Eaton Vance Municipal ETF Current Ratio Analysis
Eaton Vance's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Eaton Vance Current Ratio | 0.11 X |
Most of Eaton Vance's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eaton Vance Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionEaton Vance Current Ratio Component Assessment
In accordance with the recently published financial statements, Eaton Vance Municipal has a Current Ratio of 0.11 times. This is 97.28% lower than that of the Financial Services family and 97.69% lower than that of the Asset Management category. The current ratio for all United States etfs is 94.91% higher than that of the company.
Eaton Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eaton Vance's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Eaton Vance could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics of similar companies.Eaton Vance is rated # 4 ETF in current ratio as compared to similar ETFs.
Eaton Fundamentals
| Return On Equity | -2.14 | |||
| Return On Asset | 2.07 | |||
| Profit Margin | (33.35) % | |||
| Operating Margin | 83.39 % | |||
| Current Valuation | 184.2 M | |||
| Shares Outstanding | 10.01 M | |||
| Shares Owned By Insiders | 2.95 % | |||
| Shares Owned By Institutions | 44.76 % | |||
| Number Of Shares Shorted | 9.37 K | |||
| Price To Earning | 47.83 X | |||
| Price To Book | 0.92 X | |||
| Price To Sales | 13.68 X | |||
| Revenue | 8.6 M | |||
| Gross Profit | 8.6 M | |||
| Net Income | (2.91 M) | |||
| Cash And Equivalents | 4.52 M | |||
| Cash Per Share | 0.45 X | |||
| Total Debt | 71.56 M | |||
| Debt To Equity | 56.20 % | |||
| Current Ratio | 0.11 X | |||
| Book Value Per Share | 12.70 X | |||
| Cash Flow From Operations | 23.64 M | |||
| Short Ratio | 0.29 X | |||
| Earnings Per Share | (0.29) X | |||
| Beta | 0.36 | |||
| Market Capitalization | 119.46 M | |||
| Total Asset | 226.28 M | |||
| Retained Earnings | (31.36 M) | |||
| Z Score | 0.6 | |||
| Five Year Return | 5.36 % | |||
| Last Dividend Paid | 0.51 |
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Eaton Etf
If you are still planning to invest in Eaton Vance Municipal check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eaton Vance's history and understand the potential risks before investing.
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