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Blackrock Core Bond Trust (Blackrock Core Bond Trust) Cash-to-Debt : 0.01 (As of Dec. 2023)


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What is Blackrock Core Bond Trust Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Blackrock Core Bond Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Blackrock Core Bond Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Blackrock Core Bond Trust's Cash-to-Debt or its related term are showing as below:

BHK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.04
Current: 0.01

During the past 7 years, Blackrock Core Bond Trust's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

BHK's Cash-to-Debt is ranked worse than
96.47% of 1473 companies
in the Asset Management industry
Industry Median: 5.79 vs BHK: 0.01

Blackrock Core Bond Trust Cash-to-Debt Historical Data

The historical data trend for Blackrock Core Bond Trust's Cash-to-Debt can be seen below:

* 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Blackrock Core Bond Trust Cash-to-Debt Chart

Blackrock Core Bond Trust Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial 0.04 0.01 - - 0.01

Blackrock Core Bond Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Blackrock Core Bond Trust's Cash-to-Debt

For the Asset Management subindustry, Blackrock Core Bond Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Core Bond Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Core Bond Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Blackrock Core Bond Trust's Cash-to-Debt falls into.



Blackrock Core Bond Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Blackrock Core Bond Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Blackrock Core Bond Trust's Cash to Debt Ratio for the quarter 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.


Blackrock Core Bond Trust  (NYSE:BHK) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Blackrock Core Bond Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Blackrock Core Bond Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Core Bond Trust (Blackrock Core Bond Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Core Bond Trust is a closed-end management investment company. Its objective is to provide current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its managed assets in bonds that are investment-grade quality at the time of investment. The trust's investments will include a broad range of bonds, including corporate bonds, U.S. government and agency securities and mortgage-related securities.
Executives
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Core Bond Trust (Blackrock Core Bond Trust) Headlines

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