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For the six months ended 31 May 2018, Eaton Vance Michigan Mncpl Incm Trst revenues decreased 1% to $970K. Net income applicable to common stockholders decreased 87% to $206K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Investments decrease from $1.1M (income) to $241K (expense), Investment transactions increase of 54% to $17K (expense).
Period Ending: | May 31, 2018 | Nov 30, 2017 | May 31, 2017 | Nov 30, 2016 |
---|---|---|---|---|
Total Revenue | 0.97 | 0.98 | 0.98 | 1 |
Gross Profit | 0.5 | 0.55 | 0.56 | 0.61 |
Operating Income | 0.47 | 0.49 | 0.5 | 0.52 |
Net Income | 0.21 | -0.12 | 1.61 | -1.4 |
Period Ending: | May 31, 2018 | Nov 30, 2017 | May 31, 2017 | Nov 30, 2016 |
---|---|---|---|---|
Total Assets | 50.38 | 47.22 | 49.54 | 47.86 |
Total Liabilities | 20.93 | 16.86 | 18.59 | 18 |
Total Equity | 29.44 | 30.36 | 30.96 | 29.86 |
Period Ending: | May 31, 2018 | Nov 30, 2017 | May 31, 2017 | Nov 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 0.14 | 0.18 | -0.55 | 0.64 |
Cash From Investing Activities | ||||
Cash From Financing Activities | 0.07 | -0.99 | -0.45 | -0.66 |
Net Change in Cash | 0.22 | -0.8 | -1 | -0.02 |
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