Eaton Vance New York MBF (ENX) - Net Assets
Based on the latest financial reports, Eaton Vance New York MBF (ENX) has net assets worth $180.91 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($267.47 Million) and total liabilities ($86.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Eaton Vance New York MBF debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $180.91 Million |
| % of Total Assets | 67.64% |
| Annual Growth Rate | -3.62% |
| 5-Year Change | -18.43% |
| 10-Year Change | -10.29% |
| Growth Volatility | 16.36 |
Eaton Vance New York MBF - Net Assets Trend (2006–2024)
This chart illustrates how Eaton Vance New York MBF's net assets have evolved over time, based on quarterly financial data. Also explore Eaton Vance New York MBF balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Eaton Vance New York MBF (2006–2024)
The table below shows the annual net assets of Eaton Vance New York MBF from 2006 to 2024. For live valuation and market cap data, see how much is Eaton Vance New York MBF worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $195.81 Million | +12.27% |
| 2023-09-30 | $174.41 Million | -2.04% |
| 2022-09-30 | $178.05 Million | -25.95% |
| 2021-09-30 | $240.45 Million | +0.17% |
| 2020-09-30 | $240.04 Million | -1.75% |
| 2019-09-30 | $244.32 Million | +22.20% |
| 2018-09-30 | $199.93 Million | -6.22% |
| 2017-09-30 | $213.18 Million | -4.75% |
| 2016-09-30 | $223.81 Million | +2.53% |
| 2015-09-30 | $218.28 Million | -0.87% |
| 2014-09-30 | $220.19 Million | +8.76% |
| 2013-09-30 | $202.45 Million | -11.90% |
| 2012-09-30 | $229.79 Million | +9.95% |
| 2011-09-30 | $209.00 Million | -2.99% |
| 2010-09-30 | $215.45 Million | +17.32% |
| 2008-09-30 | $183.64 Million | -51.05% |
| 2007-09-30 | $375.19 Million | -1.32% |
| 2006-09-30 | $380.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eaton Vance New York MBF's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 288.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $179.61K | 0.09% |
| Other Components | $226.10 Million | 115.47% |
| Total Equity | $195.81 Million | 100.00% |
Eaton Vance New York MBF Competitors by Market Cap
The table below lists competitors of Eaton Vance New York MBF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mulia Boga Raya PT
JK:KEJU
|
$179.63 Million |
|
Kumpulan Fima Bhd
KLSE:6491
|
$179.66 Million |
|
HomeToGo SE
F:HTG
|
$179.82 Million |
|
Carasent ASA
ST:CARA
|
$179.89 Million |
|
RADCOM Ltd
F:RAM
|
$179.51 Million |
|
Coveo Solutions Inc
TO:CVO
|
$179.34 Million |
|
Radcom Ltd
NASDAQ:RDCM
|
$179.15 Million |
|
Binh Dinh Pharmaceutical and Medical Equipment JSC
VN:DBD
|
$179.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eaton Vance New York MBF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,408,694 to 195,810,719, a change of 21,402,025 (12.3%).
- Net income of 29,495,382 contributed positively to equity growth.
- Dividend payments of 8,093,357 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $29.50 Million | +15.06% |
| Dividends Paid | $8.09 Million | -4.13% |
| Total Change | $- | 12.27% |
Book Value vs Market Value Analysis
This analysis compares Eaton Vance New York MBF's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.73x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-09-30 | $13.61 | $10.00 | x |
| 2011-09-30 | $13.17 | $10.00 | x |
| 2012-09-30 | $14.46 | $10.00 | x |
| 2013-09-30 | $12.71 | $10.00 | x |
| 2014-09-30 | $13.93 | $10.00 | x |
| 2015-09-30 | $13.97 | $10.00 | x |
| 2016-09-30 | $14.29 | $10.00 | x |
| 2017-09-30 | $13.97 | $10.00 | x |
| 2018-09-30 | $12.49 | $10.00 | x |
| 2019-09-30 | $13.48 | $10.00 | x |
| 2020-09-30 | $13.25 | $10.00 | x |
| 2021-09-30 | $13.27 | $10.00 | x |
| 2022-09-30 | $9.91 | $10.00 | x |
| 2023-09-30 | $9.71 | $10.00 | x |
| 2024-09-30 | $10.90 | $10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eaton Vance New York MBF utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.65%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.45x
- Recent ROE (15.06%) is above the historical average (1.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.94% | 90.82% | 0.07x | 1.00x | $-15.45 Million |
| 2007 | 2.85% | 52.77% | 0.05x | 1.04x | $-26.82 Million |
| 2008 | -19.10% | -197.10% | 0.05x | 1.77x | $-53.44 Million |
| 2010 | 5.80% | 99.44% | 0.04x | 1.67x | $-9.04 Million |
| 2011 | 2.95% | 91.99% | 0.02x | 1.70x | $-14.73 Million |
| 2012 | 14.06% | 98.93% | 0.09x | 1.57x | $9.34 Million |
| 2013 | -8.12% | 0.00% | -0.05x | 1.71x | $-36.69 Million |
| 2014 | 14.15% | 99.17% | 0.08x | 1.72x | $9.14 Million |
| 2015 | 4.41% | 97.29% | 0.03x | 1.62x | $-12.20 Million |
| 2016 | 7.47% | 98.42% | 0.05x | 1.65x | $-5.66 Million |
| 2017 | -0.44% | 0.00% | 0.00x | 1.70x | $-22.26 Million |
| 2018 | -2.21% | 0.00% | -0.01x | 1.73x | $-24.41 Million |
| 2019 | 9.04% | 98.74% | 0.06x | 1.64x | $-2.36 Million |
| 2020 | 1.87% | 94.52% | 0.01x | 1.64x | $-19.51 Million |
| 2021 | 4.00% | 97.44% | 0.03x | 1.53x | $-14.42 Million |
| 2022 | -29.96% | 0.00% | -0.17x | 1.81x | $-71.15 Million |
| 2023 | 1.58% | 91.64% | 0.01x | 1.60x | $-14.68 Million |
| 2024 | 15.06% | 88.65% | 0.12x | 1.45x | $9.91 Million |
Industry Comparison
This section compares Eaton Vance New York MBF's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eaton Vance New York MBF (ENX) | $180.91 Million | 5.94% | 0.48x | $179.61 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Eaton Vance New York MBF
Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and p… Read more