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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Net Current Asset Value : $0.00 (As of Feb. 2018)


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What is Blackrock New Jersey Municipal Bond Tr Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Blackrock New Jersey Municipal Bond Tr's net current asset value per share for the quarter that ended in Feb. 2018 was $0.00.

The historical rank and industry rank for Blackrock New Jersey Municipal Bond Tr's Net Current Asset Value or its related term are showing as below:

BLJ's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.23
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Blackrock New Jersey Municipal Bond Tr Net Current Asset Value Historical Data

The historical data trend for Blackrock New Jersey Municipal Bond Tr's Net Current Asset Value 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 New Jersey Municipal Bond Tr Net Current Asset Value Chart

Blackrock New Jersey Municipal Bond Tr Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Net Current Asset Value
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Blackrock New Jersey Municipal Bond Tr Semi-Annual Data
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Competitive Comparison of Blackrock New Jersey Municipal Bond Tr's Net Current Asset Value

For the Asset Management subindustry, Blackrock New Jersey Municipal Bond Tr's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 New Jersey Municipal Bond Tr's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock New Jersey Municipal Bond Tr's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Blackrock New Jersey Municipal Bond Tr's Price-to-Net-Current-Asset-Value falls into.



Blackrock New Jersey Municipal Bond Tr Net Current Asset Value Calculation

Blackrock New Jersey Municipal Bond Tr's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2017 is calculated as

Net Current Asset Value Per Share(A: Aug. 2017 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-26.324-0-0)/2.33
=N/A

Blackrock New Jersey Municipal Bond Tr's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2018 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-25.026-0-0)/2.33
=N/A

* 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 New Jersey Municipal Bond Tr  (AMEX:BLJ) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Blackrock New Jersey Municipal Bond Tr Net Current Asset Value Related Terms

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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock New Jersey Municipal Bond Trust functions in the financial domain. Managed by BlackRock Advisors, LLC, it is a non-diversified, closed-end municipal bond fund. The Trust's investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It invests its funds in municipal bonds that are investment grade quality at the time of investment. Its portfolio comprises of various sectors, including transportation, education, local tax-backed, county, state tax-backed, health, corporate and housing.
Executives
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
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
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Headlines

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