Eaton Vance Financials

ENX Stock  USD 9.89  0.01  0.10%   
Based on the measurements of operating efficiency obtained from Eaton Vance's historical financial statements, Eaton Vance New may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Eaton Vance's Non Current Assets Total are fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 285.3 M in 2024, despite the fact that Retained Earnings are likely to grow to (45.9 M). Key indicators impacting Eaton Vance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin1.060.9901
Notably Up
Pretty Stable
Debt Equity Ratio0.690.57
Fairly Up
Pretty Stable
Current Ratio0.930.98
Notably Down
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 New.

Net Income

3.32 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 New. 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 Nuveen Amt-free, Nuveen Municipalome, Pimco New, Blackrock Muniholdings, and Pimco New. Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. Eaton Vance New York Municipal Bond Fund was formed in 2002 and is domiciled in United States. Eaton Vance is traded on NYSEMKT Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS27827Y1091
CUSIP27827Y109
LocationMassachusetts; U.S.A
Business AddressOne Post Office
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitefunds.eatonvance.com/new-york-municipal-bo
Phone617 482 8260
CurrencyUSD - US Dollar

Eaton Vance Key Financial Ratios

Eaton Vance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets393.2M368.5M321.7M279.5M251.5M286.4M
Net Tangible Assets244.3M240.0M240.4M178.0M160.2M194.5M
Retained Earnings10.2M10.8M(50.1M)(53.7M)(48.3M)(45.9M)
Accounts Payable371.0K221.4K6.4M3.9M3.5M3.7M
Net Receivables4.7M5.0M17.2M19.2M22.1M23.2M
Total Liab153.2M128.1M143.7M105.1M120.8M138.4M
Other Current Liab(371.0K)(1.8M)(12.8M)(7.7M)(7.0M)(6.6M)
Net Debt149.4M126.0M128.4M86.2M77.6M108.3M
Total Current Assets4.8M5.0M17.2M19.2M22.1M23.2M
Other Current Assets(4.8M)(5.0M)550K(19.2M)(17.3M)(16.4M)
Net Invested Capital389.6M366.4M307.0M260.7M234.6M277.2M

Eaton Vance Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense2.2M853.2K1.4M4.4M5.1M5.3M
Total Revenue4.8M9.9M(53.1M)3.0M2.7M2.6M
Gross Profit4.8M9.9M(53.1M)3.0M2.7M2.6M
Operating Income4.5M9.6M(51.9M)2.8M2.5M2.4M
Ebit4.5M9.6M(51.9M)2.8M2.5M2.4M
Cost Of Revenue2.6M2.5M2.2M2.0M2.3M1.4M
Income Before Tax4.5M9.6M(53.3M)2.8M2.5M2.4M
Net Income4.5M9.6M(53.3M)2.8M2.5M3.3M
Income Tax Expense8.9M8.9M9.1M6.2M7.2M7.5M
Ebitda4.5M9.6M(51.9M)2.8M2.5M4.9M
Net Interest Income11.5M11.5M10.0M8.3M7.5M8.8M
Interest Income13.8M12.3M11.4M12.7M11.5M10.6M

Eaton Vance Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Eaton Vance New. It measures of how well Eaton is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Eaton Vance brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Eaton had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Eaton Vance has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash160.9K(160.9K)550K(550K)(495K)(470.3K)
Net Borrowings(14.3M)(4.3M)(22.1M)9.8M8.9M8.4M
Dividends Paid8.8M9.2M7.6M6.4M5.8M8.3M
Net Income4.5M9.6M(53.3M)2.8M2.5M3.3M
Change To Netincome51.7K9.1M21.2M52.6M60.5M63.5M
Free Cash Flow13.3M31.2M(236.6K)48.4M55.7M58.5M
Other Non Cash Items9.1M21.2M52.6M44.7M51.4M54.0M
End Period Cash Flow(2.1M)11.9M160.9K1.3M550K0.0

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 New is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about  0.74  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eaton Vance New is roughly  1.35 . At this time, Eaton Vance's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eaton Vance's earnings, one of the primary drivers of an investment's value.

Eaton Vance New 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Eaton Vance New 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 New 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.
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

(0.43)

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

Eaton Vance December 1, 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 New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eaton Vance New 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.