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Blackrock New York Municipal Bond Trust (Blackrock New York Municipal Bond Trust) Cash-to-Debt : 0.00 (As of Aug. 2020)


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What is Blackrock New York Municipal Bond 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 New York Municipal Bond Trust'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 New York Municipal Bond Trust 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 New York Municipal Bond Trust's Cash-to-Debt or its related term are showing as below:

BQH's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.515
* Ranked among companies with meaningful Cash-to-Debt only.

Blackrock New York Municipal Bond Trust Cash-to-Debt Historical Data

The historical data trend for Blackrock New York Municipal Bond 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.

* Premium members only.

Blackrock New York Municipal Bond Trust Cash-to-Debt Chart

Blackrock New York Municipal Bond Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20
Cash-to-Debt
- N/A No Debt -

Blackrock New York Municipal Bond Trust 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 -

Competitive Comparison of Blackrock New York Municipal Bond Trust's Cash-to-Debt

For the Asset Management subindustry, Blackrock New York Municipal Bond 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 New York Municipal Bond Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock New York Municipal Bond Trust's Cash-to-Debt falls into.


Blackrock New York Municipal Bond 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 New York Municipal Bond Trust'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 + 0.044)
=0.00

Blackrock New York Municipal Bond Trust'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 + 0.044)
=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 New York Municipal Bond Trust  (NYSE:BQH) 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 New York Municipal Bond Trust Cash-to-Debt Related Terms

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

Blackrock New York Municipal Bond Trust (Blackrock New York Municipal Bond Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock New York Municipal Bond Trust (NYSE:BQH) » Definitions » Cash-to-Debt
Comparable Companies
HKSE:01160 ASX:AQF LSE:DP3A LSE:LGT PHS:LIHC LSE:MASA LSE:GLIF ASX:FPC LSE:MIG1 LSE:STM TSX:HIG.UN ASX:MEC LSE:LEAF JSE:SCP LSE:AGOU XSGO:SANTANA LSE:QIL LSE:GHS BOM:501298 BOM:504382
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
https://www.blackrock.com
Blackrock New York Municipal Bond Trust is a closed-end investment management investment company. The company's investment objective is to provide current income exempt from regular Federal income taxes and New York State and New York City personal income taxes.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020

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