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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Cash-to-Debt : 0.00 (As of Jun. 2020)


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What is Blackrock Florida Muni 2020 Term Tr Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Blackrock Florida Muni 2020 Term Tr's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Blackrock Florida Muni 2020 Term Tr couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

The historical rank and industry rank for Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt or its related term are showing as below:

BFO's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.605
* Ranked among companies with meaningful Cash-to-Debt only.

Blackrock Florida Muni 2020 Term Tr Cash-to-Debt Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Blackrock Florida Muni 2020 Term Tr Cash-to-Debt Chart

Blackrock Florida Muni 2020 Term Tr Annual Data
Trend Jul17 Jul18 Dec19
Cash-to-Debt
N/A N/A -

Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
Jul17 Jan18 Jul18 Jun19 Dec19 Jun20
Cash-to-Debt Get a 7-Day Free Trial N/A N/A - - -

Competitive Comparison of Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt

For the Asset Management subindustry, Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Florida Muni 2020 Term Tr's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt falls into.


Blackrock Florida Muni 2020 Term Tr Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Blackrock Florida Muni 2020 Term Tr's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0 / (0 + 0.019)
=0.00

Blackrock Florida Muni 2020 Term Tr's Cash to Debt Ratio for the quarter that ended in Jun. 2020 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0 / (0 + 0.012)
=0.00

* 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 Florida Muni 2020 Term Tr  (NYSE:BFO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Blackrock Florida Muni 2020 Term Tr Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Blackrock Florida Muni 2020 Term Tr's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Florida Muni 2020 Term Tr (NYSE:BFO) » Definitions » Cash-to-Debt
Comparable Companies
MUS:AAIT LSE:TMT XMCE:REA BOM:521194 TSX:LFE OSTO:NAXS LSE:MIX WAR:GKI LSE:KAY XKRX:214680 LSE:AAVC TSX:FFI.UN LSE:ATI XCNQ:CPTR SVVC LSE:ASCI MUS:TFCI TSX:FFN LSE:ACD LSE:BSRT
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
http://www.blackrock.com
Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 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
Blackrock Holdco 2, Inc. other: Affl. of Investment Advisor 40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs other: Former 10% Owner 600 WASHINGTON BLVD., STAMFORD CT 06901
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
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers director 40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines

From GuruFocus

BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

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