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BlackRock Massachusetts Tax-Exempt Trust (BlackRock Massachusetts Tax-Exempt Trust) Equity-to-Asset : 0.59 (As of Aug. 2020)


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What is BlackRock Massachusetts Tax-Exempt Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackRock Massachusetts Tax-Exempt Trust's Total Stockholders Equity for the quarter that ended in Aug. 2020 was $32.43 Mil. BlackRock Massachusetts Tax-Exempt Trust's Total Assets for the quarter that ended in Aug. 2020 was $54.61 Mil. Therefore, BlackRock Massachusetts Tax-Exempt Trust's Equity to Asset Ratio for the quarter that ended in Aug. 2020 was 0.59.

The historical rank and industry rank for BlackRock Massachusetts Tax-Exempt Trust's Equity-to-Asset or its related term are showing as below:

MHE's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

BlackRock Massachusetts Tax-Exempt Trust Equity-to-Asset Historical Data

The historical data trend for BlackRock Massachusetts Tax-Exempt 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 Massachusetts Tax-Exempt Trust Equity-to-Asset Chart

BlackRock Massachusetts Tax-Exempt Trust Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.61 0.59 0.61 0.59

BlackRock Massachusetts Tax-Exempt Trust Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.60 0.61 0.61 0.59

Competitive Comparison of BlackRock Massachusetts Tax-Exempt Trust's Equity-to-Asset

For the Asset Management subindustry, BlackRock Massachusetts Tax-Exempt 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 Massachusetts Tax-Exempt Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Massachusetts Tax-Exempt Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BlackRock Massachusetts Tax-Exempt Trust's Equity-to-Asset falls into.



BlackRock Massachusetts Tax-Exempt 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 Massachusetts Tax-Exempt Trust's Equity to Asset Ratio for the fiscal year that ended in Aug. 2020 is calculated as

Equity to Asset (A: Aug. 2020 )=Total Stockholders Equity/Total Assets
=32.432/54.609
=0.59

BlackRock Massachusetts Tax-Exempt Trust's Equity to Asset Ratio for the quarter that ended in Aug. 2020 is calculated as

Equity to Asset (Q: Aug. 2020 )=Total Stockholders Equity/Total Assets
=32.432/54.609
=0.59

* 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 Massachusetts Tax-Exempt Trust  (AMEX:MHE) 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 Massachusetts Tax-Exempt Trust Equity-to-Asset Related Terms

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BlackRock Massachusetts Tax-Exempt Trust (BlackRock Massachusetts Tax-Exempt Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Massachusetts Tax-Exempt Trust is a closed-end management investment company. Its objective is to provide shareholders with as high a level of income exempt from both regular federal income taxes and Massachusetts personal income taxes. The trust invests primarily in long-term municipal obligations with maturities of more than ten years.
Executives
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
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 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
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

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