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


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What is Blackrock Muniyield New Jersey Fund Debt-to-Equity?

Blackrock Muniyield New Jersey Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was $0.00 Mil. Blackrock Muniyield New Jersey Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was $0.00 Mil. Blackrock Muniyield New Jersey Fund's Total Stockholders Equity for the quarter that ended in Jan. 2022 was $368.83 Mil. Blackrock Muniyield New Jersey 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 New Jersey Fund's Debt-to-Equity or its related term are showing as below:

MYJ'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 New Jersey Fund Debt-to-Equity Historical Data

The historical data trend for Blackrock Muniyield New Jersey 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 New Jersey Fund Debt-to-Equity Chart

Blackrock Muniyield New Jersey Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Debt-to-Equity
- - 0.01 - -

Blackrock Muniyield New Jersey Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Blackrock Muniyield New Jersey Fund's Debt-to-Equity

For the Asset Management subindustry, Blackrock Muniyield New Jersey 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 New Jersey Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

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


Blackrock Muniyield New Jersey Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blackrock Muniyield New Jersey 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) / 394.863
=0.00

Blackrock Muniyield New Jersey 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) / 368.828
=0.00

* 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 Muniyield New Jersey Fund  (NYSE:MYJ) 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 New Jersey Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Blackrock Muniyield New Jersey Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Muniyield New Jersey Fund (Blackrock Muniyield New Jersey Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Muniyield New Jersey Fund Inc (NYSE:MYJ) » Definitions » Debt-to-Equity
Comparable Companies
RMM SOR DSM PMX PMM MGU CAF OIA FOF HRZN BLK TSX:BAM.A BX OSTO:INVE A KKR BK APO AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
https://www.blackrock.com
Blackrock Muniyield New Jersey Fund Inc is a closed-end management investment company. The fund's objective is to provide a high level of current income exempt from Federal and New Jersey income taxes. The fund invests primarily in investment-grade New Jersey municipal obligations.
Executives
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Timothy T Browse other: Portfolio Manager 800 SCUDDERS MILLRD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055