Bny Mellon Municipal Income Inc
BNY Mellon Municipal Income, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year. It employs fundamental analysis to create its portfolio. The fund was form… Read more
Bny Mellon Municipal Income Inc (DMF) - Total Assets
Latest total assets as of September 2024: $245.09 Million USD
Based on the latest financial reports, Bny Mellon Municipal Income Inc (DMF) holds total assets worth $245.09 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bny Mellon Municipal Income Inc - Total Assets Trend (1989–2024)
This chart illustrates how Bny Mellon Municipal Income Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bny Mellon Municipal Income Inc - Asset Composition Analysis
Current Asset Composition (September 2024)
Bny Mellon Municipal Income Inc's total assets of $245.09 Million consist of 0.3% current assets and 99.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $3.11 Million | 1.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how Bny Mellon Municipal Income Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bny Mellon Municipal Income Inc's current assets represent 0.3% of total assets in 2024, a decrease from 5.0% in 1989.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, up from 0.2% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 1.3% of total assets.
Bny Mellon Municipal Income Inc Competitors by Total Assets
Key competitors of Bny Mellon Municipal Income Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Bny Mellon Municipal Income Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bny Mellon Municipal Income Inc generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Bny Mellon Municipal Income Inc generates $ 10.44 in net profit.
Bny Mellon Municipal Income Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.31 | 2.12 | 8.66 |
| Quick Ratio | 2.31 | 2.12 | 8.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.42 Million | $ 2.74 Million | $ 3.88 Million |
Bny Mellon Municipal Income Inc - Advanced Valuation Insights
This section examines the relationship between Bny Mellon Municipal Income Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.94 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | $245.09 Million |
| Market Capitalization | $63.26K USD |
Valuation Analysis
Below Book Valuation: The market values Bny Mellon Municipal Income Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Bny Mellon Municipal Income Inc's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bny Mellon Municipal Income Inc (1989–2024)
The table below shows the annual total assets of Bny Mellon Municipal Income Inc from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $245.09 Million | +10.88% |
| 2023-09-30 | $221.04 Million | -5.57% |
| 2022-09-30 | $234.08 Million | -19.72% |
| 2021-09-30 | $291.57 Million | +0.68% |
| 2020-09-30 | $289.59 Million | -6.79% |
| 2019-09-30 | $310.70 Million | +7.02% |
| 2018-09-30 | $290.33 Million | -2.04% |
| 2017-09-30 | $296.37 Million | -1.56% |
| 2016-09-30 | $301.06 Million | +0.47% |
| 2015-09-30 | $299.63 Million | -0.95% |
| 2014-09-30 | $302.51 Million | +2.28% |
| 2013-09-30 | $295.77 Million | -7.16% |
| 2012-09-30 | $318.60 Million | +6.37% |
| 2011-09-30 | $299.51 Million | -1.16% |
| 2010-09-30 | $303.03 Million | +3.30% |
| 2009-09-30 | $293.36 Million | +3.99% |
| 2008-09-30 | $282.10 Million | -8.23% |
| 2007-09-30 | $307.40 Million | -3.55% |
| 2006-09-30 | $318.70 Million | +4.94% |
| 2005-09-30 | $303.70 Million | +2.67% |
| 2004-09-30 | $295.80 Million | +0.34% |
| 2003-09-30 | $294.80 Million | -1.67% |
| 2002-09-30 | $299.80 Million | +0.84% |
| 2001-09-30 | $297.30 Million | +6.14% |
| 2000-09-30 | $280.10 Million | -12.47% |
| 1999-09-30 | $320.00 Million | +61.86% |
| 1998-09-30 | $197.70 Million | +2.01% |
| 1997-09-30 | $193.80 Million | +0.21% |
| 1996-09-30 | $193.40 Million | +1.15% |
| 1994-09-30 | $191.20 Million | -7.72% |
| 1993-09-30 | $207.20 Million | +5.07% |
| 1992-09-30 | $197.20 Million | +4.45% |
| 1991-09-30 | $188.80 Million | +6.85% |
| 1990-09-30 | $176.70 Million | -4.33% |
| 1989-09-30 | $184.70 Million | -- |