What is BlackRock Capital Investment Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BlackRock Capital Investment's annualized net income for the quarter that ended in Dec. 2023 was $21.56 Mil. BlackRock Capital Investment's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $316.66 Mil. Therefore, BlackRock Capital Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 6.81%.
The historical rank and industry rank for BlackRock Capital Investment's Return-on-Tangible-Equity or its related term are showing as below:
BKCC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.67 Med: 2.31 Max: 20.01
Current: 8.27
During the past 13 years, BlackRock Capital Investment's highest Return-on-Tangible-Equity was 20.01%. The lowest was -27.67%. And the median was 2.31%.
BKCC's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 4.53
vs BKCC: 8.27
BlackRock Capital Investment Return-on-Tangible-Equity Historical Data
* 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.
* Premium members only.
BlackRock Capital Investment Return-on-Tangible-Equity Chart
Competitive Comparison of BlackRock Capital Investment's Return-on-Tangible-Equity
For the Asset Management subindustry, BlackRock Capital Investment's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
BlackRock Capital Investment's Return-on-Tangible-Equity Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock Capital Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlackRock Capital Investment's Return-on-Tangible-Equity falls into.
BlackRock Capital Investment Return-on-Tangible-Equity Calculation
BlackRock Capital Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
BlackRock Capital Investment (NAS:BKCC) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
BlackRock Capital Investment Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of BlackRock Capital Investment's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock Capital Investment (BlackRock Capital Investment) Business Description
BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BKCC has been successfully added to your 