BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2021)

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What is BlackRock 2022 Globalome Opportunity 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 2022 Globalome Opportunity's cash to debt ratio for the quarter that ended in Jun. 2021 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, BlackRock 2022 Globalome Opportunity could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

(1) 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.

The historical rank and industry rank for BlackRock 2022 Globalome Opportunity's Cash-to-Debt or its related term are showing as below:

BGIO'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 2022 Globalome Opportunity Cash-to-Debt Historical Data

The historical data trend for BlackRock 2022 Globalome Opportunity'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.

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BlackRock 2022 Globalome Opportunity Cash-to-Debt Chart

BlackRock 2022 Globalome Opportunity Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

BlackRock 2022 Globalome Opportunity Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash-to-Debt	Get a 7-Day Free Trial			-	-	-	-	No Debt

Competitive Comparison of BlackRock 2022 Globalome Opportunity's Cash-to-Debt

For the Asset Management subindustry, BlackRock 2022 Globalome Opportunity'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 2022 Globalome Opportunity's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2022 Globalome Opportunity's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BlackRock 2022 Globalome Opportunity's Cash-to-Debt falls into.

BlackRock 2022 Globalome Opportunity 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 2022 Globalome Opportunity's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.052	/	(0	+	33.53)
	=	0.00

BlackRock 2022 Globalome Opportunity's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

BlackRock 2022 Globalome Opportunity had no debt ⁽¹⁾.

BlackRock 2022 Globalome Opportunity (NYSE:BGIO) 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 2022 Globalome Opportunity Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of BlackRock 2022 Globalome Opportunity's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock 2022 Global Income Opportunity (NYSE:BGIO) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

http://www.blackrock.com

BlackRock 2022 Global Income Opportunity is a closed-end management investment company. Its objective is high current income and its secondary objective is and to earn a total return. The fund's portfolio is allocated under various division which includes Corporate Bonds, Asset-Backed Securities, Foreign Agency Obligations, Non-Agency Mortgage-Backed Securities, Floating Rate Loan Interests, Capital trust, and others.

Executives

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
Richard M Rieder	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Robert Wuertz	other: Portfolio Manager	55 EAST 52ND STREET NEW YORK NY 10055
Trevor Slaven	other: Portfolio Manager	55 EAST 52ND STREET NEW YORK NY 10055
Jacob Caplain	other: Portfolio Manager	55 EAST 52ND STREET NEW YORK NY 10055
Amer Bisat	other: Portfolio Manager	55 EAST 52ND STREET NEW YORK NY 10105
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Martin Hegarty	other: Portfolio Manager	55 EAST 52ND STREET NEW YORK NY 10105
Robert W Fairbairn	director	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

BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) Headlines

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