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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Price-to-Free-Cash-Flow : 58.41 (As of May. 05, 2024)


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What is Blackrock New Jersey Municipal Bond Tr Price-to-Free-Cash-Flow?

As of today (2024-05-05), Blackrock New Jersey Municipal Bond Tr's share price is $13.6101. Blackrock New Jersey Municipal Bond Tr's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Feb. 2018 was $0.23. Hence, Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow Ratio for today is 58.41.

The historical rank and industry rank for Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow or its related term are showing as below:

During the past 8 years, Blackrock New Jersey Municipal Bond Tr's highest Price-to-Free-Cash-Flow Ratio was 24.77. The lowest was 0.00. And the median was 18.07.

BLJ's Price-to-Free-Cash-Flow is not ranked *
in the Asset Management industry.
Industry Median: 12.85
* Ranked among companies with meaningful Price-to-Free-Cash-Flow only.

Blackrock New Jersey Municipal Bond Tr's Free Cash Flow per Share for the six months ended in Feb. 2018 was $0.99. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.23.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Blackrock New Jersey Municipal Bond Tr was -146.50% per year.

During the past 8 years, Blackrock New Jersey Municipal Bond Tr's highest 3-Year average Free Cash Flow per Share Growth Rate was 3.60% per year. The lowest was 0.00% per year. And the median was 0.00% per year.


Blackrock New Jersey Municipal Bond Tr Price-to-Free-Cash-Flow Historical Data

The historical data trend for Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Blackrock New Jersey Municipal Bond Tr Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 21.32 16.44 16.04 24.60 -

Blackrock New Jersey Municipal Bond Tr Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18
Price-to-Free-Cash-Flow 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 - 24.60 - - -

Competitive Comparison of Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow

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

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

* The bar in red indicates where Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow falls into.



Blackrock New Jersey Municipal Bond Tr Price-to-Free-Cash-Flow Calculation

Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=13.6101/0.233
=58.41

Blackrock New Jersey Municipal Bond Tr's Share Price of today is $13.6101.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock New Jersey Municipal Bond Tr's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Feb. 2018 was $0.23.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Blackrock New Jersey Municipal Bond Tr  (AMEX:BLJ) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Blackrock New Jersey Municipal Bond Tr Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Blackrock New Jersey Municipal Bond Tr's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


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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