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Blackrock Municipalome Investment Quality Trus (Blackrock Municipalome Investment Quality Trus) Cash-to-Debt : 0.00 (As of Aug. 2020)


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What is Blackrock Municipalome Investment Quality Trus 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 Municipalome Investment Quality Trus's cash to debt ratio for the quarter that ended in Aug. 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 Municipalome Investment Quality Trus couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2020.

The historical rank and industry rank for Blackrock Municipalome Investment Quality Trus's Cash-to-Debt or its related term are showing as below:

BAF's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.72
* Ranked among companies with meaningful Cash-to-Debt only.

Blackrock Municipalome Investment Quality Trus Cash-to-Debt Historical Data

The historical data trend for Blackrock Municipalome Investment Quality Trus'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 Municipalome Investment Quality Trus Cash-to-Debt Chart

Blackrock Municipalome Investment Quality Trus Annual Data
Trend Aug17 Aug18 Aug19 Aug20
Cash-to-Debt
- N/A No Debt -

Blackrock Municipalome Investment Quality Trus Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
Cash-to-Debt Get a 7-Day Free Trial N/A No Debt No Debt N/A -

Competitive Comparison of Blackrock Municipalome Investment Quality Trus's Cash-to-Debt

For the Asset Management subindustry, Blackrock Municipalome Investment Quality Trus'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 Municipalome Investment Quality Trus's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipalome Investment Quality Trus's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Blackrock Municipalome Investment Quality Trus's Cash-to-Debt falls into.


Blackrock Municipalome Investment Quality Trus 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 Municipalome Investment Quality Trus's Cash to Debt Ratio for the fiscal year that ended in Aug. 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 + 0.115)
=0.00

Blackrock Municipalome Investment Quality Trus's Cash to Debt Ratio for the quarter that ended in Aug. 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 + 0.115)
=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 Municipalome Investment Quality Trus  (NYSE:BAF) 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 Municipalome Investment Quality Trus Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Blackrock Municipalome Investment Quality Trus's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Municipalome Investment Quality Trus (Blackrock Municipalome Investment Quality Trus) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Municipal Income Investment Quality Trus (NYSE:BAF) » Definitions » Cash-to-Debt
Comparable Companies
LSE:BRCI LSE:PGOO TSE:3807 KCAP CPTA ECF ASX:FID LSE:ANW BKK:BROOK-F JSE:EPE LSE:DDV1 NKG BOM:532366 WAR:ALI TSX:VIP.UN LSE:PVN LSE:AJIT LSE:HW. HRZN CAI:BTFH.CA.
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
https://www.blackrock.com
Blackrock Municipal Income Investment Quality Trust is a diversified investment fund with an investment objective is to provide current income exempt from U.S. federal income tax, including the alternative minimum tax and Florida intangible property tax.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
J.p. Morgan Taxable Putters/taxable Drivers, Series T0013 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION 100 WALL STREET-SUITE 1600 NEW YORK NY 10005
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
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
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
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

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