Blackrock Muniyield California Fund, (Blackrock Muniyield California Fund,) Debt-to-Equity : 0.00 (As of Jan. 2022)

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What is Blackrock Muniyield California Fund, Debt-to-Equity?

Blackrock Muniyield California Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was $0.00 Mil. Blackrock Muniyield California Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was $0.00 Mil. Blackrock Muniyield California Fund,'s Total Stockholders Equity for the quarter that ended in Jan. 2022 was $327.50 Mil. Blackrock Muniyield California Fund,'s debt to equity for the quarter that ended in Jan. 2022 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Blackrock Muniyield California Fund,'s Debt-to-Equity or its related term are showing as below:

MYC's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Blackrock Muniyield California Fund, Debt-to-Equity Historical Data

The historical data trend for Blackrock Muniyield California Fund,'s Debt-to-Equity 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.

* Premium members only.

Blackrock Muniyield California Fund, Debt-to-Equity Chart

Blackrock Muniyield California Fund, Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Debt-to-Equity

Blackrock Muniyield California Fund, Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Blackrock Muniyield California Fund,'s Debt-to-Equity

For the Asset Management subindustry, Blackrock Muniyield California Fund,'s Debt-to-Equity, along with its competitors' market caps and Debt-to-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 Muniyield California Fund,'s Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield California Fund,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield California Fund,'s Debt-to-Equity falls into.

Blackrock Muniyield California Fund, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blackrock Muniyield California Fund,'s Debt to Equity Ratio for the fiscal year that ended in Jul. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	356.887
	=	0.00

Blackrock Muniyield California Fund,'s Debt to Equity Ratio for the quarter that ended in Jan. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	327.495
	=	0.00

Blackrock Muniyield California Fund, (NYSE:MYC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Blackrock Muniyield California Fund, Debt-to-Equity Related Terms

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Blackrock Muniyield California Fund, (Blackrock Muniyield California Fund,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Muniyield California Fund, Inc (NYSE:MYC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Muniyield California Fund, Inc is a non-diversified, closed-end management investment company. The fund's investment objective is to provide shareholders with as high a level of current income exempt from Federal and California income taxes. It invests primarily in investment grade, long-term municipal obligations.

Executives

Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A	10 percent owner	101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
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
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Citigroup Inc	10 percent owner	388 GREENWICH STREET, NEW YORK NY 10013
Robert Crothers	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055

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