Eaton Vance Michigan Municipal Income Trust (EMI)

13.53 +0.05  +0.37%  May 25, 11:00PM Go Pro
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Eaton Vance Michigan Municipal Income Trust Current Ratio

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About Current Ratio

The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. Current assets are cash and any assets expected to be converted into cash within the next year. The ratio illustrates a company's ability to remain solvent.

A current ratio of 1 means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning that it has twice as many current assets as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
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EMI News

Deals of the Day: Chesapeake CEO's Web of Loans
Apr 19, 9:15AM The Wall Street Journal
$atvi Vivendi sold to finance buy in $EMI and $TVN &amp; to maintain credit rating. nothing to do with the value of ATVI. This is a buying opp..
about 195 days ago by 187_911
$EMI JUST MY GUT but isee lots of trouble today at $110
about 376 days ago by Tempest
this afternoon i single handedly saved the Italian economy. you might want to cover your $EMI shorts in the morning #Campagnolo
about 504 days ago by Morgan_03
Another observation...been seeing weakness in tax-free munis the last few weeks...some of them got really hammered today e.g. $EMI, $NAN
about 565 days ago by volpivots
$EMI need to back-test idea for inverse ETF-compiles analysts advisories weighted to how big their audience and mouths are-Cramer %51
about 845 days ago by BBAlgo

Recent Quotes

Symbol Price Chg Chg % Market Cap
EMI 13.53 +0.05 +0.37%
EMFN 21.58 -0.26 -1.19%
EMF 16.59 -0.05 -0.30%
EMEY 40.02 +0.00 +0.00%
EME 28.00 +0.08 +0.29% 1.864B
EMCI 20.24 +0.32 +1.61% 260.69M
EMC 24.24 +0.01 +0.04% 50.22B
EMAN 2.92 +0.06 +2.10% 68.71M
ELY 5.40 +0.05 +0.93% 351.11M
ELS 66.54 -0.48 -0.72% 2.748B
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