Blackrock Debt Strategies Fund (Blackrock Debt Strategies Fund) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Blackrock Debt Strategies Fund LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Blackrock Debt Strategies Fund's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.22.

Blackrock Debt Strategies Fund's long-term debt to total assets ratio declined from Dec. 2022 (0.25) to Dec. 2023 (0.22). It may suggest that Blackrock Debt Strategies Fund is progressively becoming less dependent on debt to grow their business.

Blackrock Debt Strategies Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Blackrock Debt Strategies Fund's LT-Debt-to-Total-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 Debt Strategies Fund LT-Debt-to-Total-Asset Chart

Blackrock Debt Strategies Fund Annual Data

Trend

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.31

0.25

0.22

Blackrock Debt Strategies Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.31	0.31	0.25	0.21	0.22

Blackrock Debt Strategies Fund LT-Debt-to-Total-Asset Calculation

Blackrock Debt Strategies Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	149.632	/	667.642
	=	0.22

Blackrock Debt Strategies Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	149.632	/	667.642
	=	0.22

Blackrock Debt Strategies Fund (NYSE:DSU) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Blackrock Debt Strategies Fund LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Blackrock Debt Strategies Fund's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Debt Strategies Fund (Blackrock Debt Strategies Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Debt Strategies Fund Inc (NYSE:DSU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Debt Strategies Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income by investing primarily in a diversified portfolio of U.S. companies' debt instruments including corporate loans. The fund's secondary investment objective is to provide capital appreciation.

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
Carly Wilson	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
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
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
David Delbos	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
James Keenan	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212

Blackrock Debt Strategies Fund (Blackrock Debt Strategies Fund) Headlines

From GuruFocus

BlackRock Debt Strategies Fund, Inc. Announces Final Results of Tender Offer

By Business Wire Business Wire • 04-18-2020

Blackrock Debt Strategies Fund Inc's Dividend Analysis

By GuruFocus Research • 10-13-2023

BlackRock Debt Strategies Fund, Inc. Announces Expiration and Preliminary Results of Tender Offer

By Business Wire Business Wire • 04-17-2020

BlackRock Debt Strategies Fund, Inc. Announces Commencement of Tender Offer

By Business Wire Business Wire • 03-18-2020