Blackrock Durationome Trust (Blackrock Durationome Trust) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Blackrock Durationome Trust 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 Durationome Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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 Durationome Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BLW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.05
Current: 0.01

During the past 7 years, Blackrock Durationome Trust's highest Cash to Debt Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

BLW's Cash-to-Debt is ranked worse than
96.41% of 1477 companies
in the Asset Management industry
Industry Median: 5.39 vs BLW: 0.01

Blackrock Durationome Trust Cash-to-Debt Historical Data

The historical data trend for Blackrock Durationome 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 Durationome Trust Cash-to-Debt Chart

Blackrock Durationome Trust Annual Data

Trend

Aug17

Aug18

Aug19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.02

0.01

Blackrock Durationome Trust Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.01	-	0.01	-	0.01

Competitive Comparison of Blackrock Durationome Trust's Cash-to-Debt

For the Asset Management subindustry, Blackrock Durationome 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 Durationome Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Durationome Trust's Cash-to-Debt falls into.

Blackrock Durationome 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 Durationome Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.761	/	(0	+	276.235)
	=	0.01

Blackrock Durationome Trust's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.761	/	(0	+	276.235)
	=	0.01

Blackrock Durationome Trust (NYSE:BLW) 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 Durationome Trust Cash-to-Debt Related Terms

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

Blackrock Durationome Trust (Blackrock Durationome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Ltd Duration Income Trust (NYSE:BLW) » 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 Ltd Duration Income Trust is a diversified investment fund with an investment objective to provide current income and capital appreciation. The Fund's portfolio normally has an average portfolio duration of less than five years.

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
David Delbos	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
Akiva Dickstein	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Scott Maclellan	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock (singapore) Ltd.	other: Investment Adviser	40 EAST 52ND STREET, NEW YORK NY 10022
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Karen P Robards	director	800 SCUDDERS MILL RD, PLAINSBORO NJ 08536

Blackrock Durationome Trust (Blackrock Durationome Trust) Headlines

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