BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Liabilities-to-Assets : 0.37 (As of Sep. 2023)

BNY Mellon Strategic Municipals, Liabilities-to-Assets Chart

BNY Mellon Strategic Municipals, Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Liabilities-to-Assets	Get a 7-Day Free Trial								0.34	0.36	0.39	0.35	0.37

Competitive Comparison of BNY Mellon Strategic Municipals,'s Liabilities-to-Assets

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'s Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BNY Mellon Strategic Municipals,'s Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Liabilities-to-Assets falls into.

BNY Mellon Strategic Municipals, Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

BNY Mellon Strategic Municipals,'s Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

BNY Mellon Strategic Municipals,'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BNY Mellon Strategic Municipals,  (NYSE:LEO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

BNY Mellon Strategic Municipals, Liabilities-to-Assets Related Terms

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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Business Description