Blackrock Investment Quality Municipal Trust, (Blackrock Investment Quality Municipal Trust,) Cash-to-Debt

: 0.00 (As of Jan. 2024)

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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 Investment Quality Municipal Trust,'s cash to debt ratio for the quarter that ended in Jan. 2024 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 Investment Quality Municipal Trust, couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

During the past 6 years, Blackrock Investment Quality Municipal Trust,'s highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

BKN's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.175
* Ranked among companies with meaningful Cash-to-Debt only.

Blackrock Investment Quality Municipal Trust, Cash-to-Debt Historical Data

The historical data trend for Blackrock Investment Quality Municipal Trust,'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 Investment Quality Municipal Trust, Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Jul23

Cash-to-Debt

No Debt

N/A

No Debt

Blackrock Investment Quality Municipal Trust, Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Jan23	Jul23	Jan24
Cash-to-Debt									No Debt	No Debt	0.06	-	-

Competitive Comparison

For the Asset Management subindustry, Blackrock Investment Quality Municipal Trust,'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 Investment Quality Municipal Trust, Cash-to-Debt Distribution

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

* The bar in red indicates where Blackrock Investment Quality Municipal Trust,'s Cash-to-Debt falls into.

Blackrock Investment Quality Municipal Trust, 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 Investment Quality Municipal Trust,'s Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 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	+	0.048)
	=	0.00

Blackrock Investment Quality Municipal Trust,'s Cash to Debt Ratio for the quarter that ended in Jan. 2024 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	+	0.005)
	=	0.00

Blackrock Investment Quality Municipal Trust, (NYSE:BKN) 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 Investment Quality Municipal Trust, Cash-to-Debt Related Terms

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

Blackrock Investment Quality Municipal Trust, (Blackrock Investment Quality Municipal Trust,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Investment Quality Municipal Trust, Inc. (NYSE:BKN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Investment Quality Municipal Trust, Inc. is a closed-end management investment fund with the investment objective to provide high current income exempt from regular U.S. federal income tax consistent with the preservation of capital.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago	other: Portfolio Manager	1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
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
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
J.p. Morgan Taxable Putters/taxable Drivers, Series T0011 Trust	10 percent owner	C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005

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