Minnesota Municipal Income Portfolio (MXA)

17.08 +0.01  +0.06%  May 29, 8:00PM Go Pro
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Minnesota Municipal Income Portfolio EBITDA Margin TTM

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About EBITDA Margin (TTM)

The EBITDA Margin is trailing twelve month earnings before interest, taxes, depreciation and amortization divided by trailing twelve month net sales.

Investors look at this measurement to get a closer approximation of performance of the business relative to sales before adjusting for the capital structure of the business (debt vs. equity financing).

Though many investors use EBITDA for this reason, some argue that the exclusion of depreciation expenses fails to capture the ongoing economics of a business since depreciation expenses are a good proxy for the replacement costs of property, plant and equipment, which must be paid in the future to continue business operations.
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MXA News

10 Best Municipal Bond Funds for 2012
Nov 22, 7:00AM TheStreet

Recent Quotes

Symbol Price Chg Chg % Market Cap
MXA 17.08 +0.01 +0.06%
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MORT 25.24 -0.17 -0.67%
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