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Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Equity-to-Asset : 0.66 (As of Jan. 2024)


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What is Blackrock Municipal 2030 Target Term Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackrock Municipal 2030 Target Term Trust's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $1,610.53 Mil. Blackrock Municipal 2030 Target Term Trust's Total Assets for the quarter that ended in Jan. 2024 was $2,437.30 Mil. Therefore, Blackrock Municipal 2030 Target Term Trust's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.66.

The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset or its related term are showing as below:

BTT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.65   Max: 0.67
Current: 0.66

During the past 7 years, the highest Equity to Asset Ratio of Blackrock Municipal 2030 Target Term Trust was 0.67. The lowest was 0.62. And the median was 0.65.

BTT's Equity-to-Asset is ranked worse than
67.67% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs BTT: 0.66

Blackrock Municipal 2030 Target Term Trust Equity-to-Asset Historical Data

The historical data trend for Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset 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 Municipal 2030 Target Term Trust Equity-to-Asset Chart

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.65 0.66 0.62 0.67

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.62 0.67 0.67 0.66

Competitive Comparison of Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Municipal 2030 Target Term Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset falls into.



Blackrock Municipal 2030 Target Term Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Blackrock Municipal 2030 Target Term Trust's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=1660.24/2484.909
=0.67

Blackrock Municipal 2030 Target Term Trust's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=1610.527/2437.297
=0.66

* 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 Municipal 2030 Target Term Trust  (NYSE:BTT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Blackrock Municipal 2030 Target Term Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Blackrock Municipal 2030 Target Term Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is the United States based closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
Executives
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
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Headlines