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BLACKROCK MUNIYIELD QUALITY FUND III, Cash-to-Debt

: No Debt (As of Jan. 2020)
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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 MUNIYIELD QUALITY FUND III,'s cash to debt ratio for the quarter that ended in Jan. 2020 was No Debt.

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 MUNIYIELD QUALITY FUND III, could pay off its debt using the cash in hand for the quarter that ended in Jan. 2020.

NYSE:MYI' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 3 years, BLACKROCK MUNIYIELD QUALITY FUND III,'s highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NYSE:MYI's Cash-to-Debt is ranked higher than
100% of the 1463 Companies
in the Asset Management industry.

( Industry Median: 17.78 vs. NYSE:MYI: No Debt )

BLACKROCK MUNIYIELD QUALITY FUND III, Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

BLACKROCK MUNIYIELD QUALITY FUND III, Annual Data
Jul17 Jul18 Jul19
Cash-to-Debt 0.00 0.00 No Debt

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20
Cash-to-Debt Premium Member Only 0.00 0.00 N/A No Debt No Debt

Competitive Comparison
* 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.


BLACKROCK MUNIYIELD QUALITY FUND III, Cash-to-Debt Distribution

* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s Cash-to-Debt falls into.



BLACKROCK MUNIYIELD QUALITY FUND III, Cash-to-Debt Calculation

This is the ratio of a company's 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 MUNIYIELD QUALITY FUND III,'s Cash to Debt Ratio for the fiscal year that ended in Jul. 2019 is calculated as:

BLACKROCK MUNIYIELD QUALITY FUND III, had no debt.

BLACKROCK MUNIYIELD QUALITY FUND III,'s Cash to Debt Ratio for the quarter that ended in Jan. 2020 is calculated as:

BLACKROCK MUNIYIELD QUALITY FUND III, had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


BLACKROCK MUNIYIELD QUALITY FUND III,  (NYSE:MYI) 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 MUNIYIELD QUALITY FUND III, Cash-to-Debt Related Terms


BLACKROCK MUNIYIELD QUALITY FUND III, Cash-to-Debt Headlines

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