Switch to:

Blackrock Floating Rateome Trust Debt-to-Equity

: 0.42 (As of Jun. 2020)
View and export this data going back to 2004. Start your Free Trial

Blackrock Floating Rateome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. Blackrock Floating Rateome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $118.05 Mil. Blackrock Floating Rateome Trust's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $284.55 Mil. Blackrock Floating Rateome Trust's debt to equity for the quarter that ended in Jun. 2020 was 0.41.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

NYSE:BGT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.42   Max: 0.44
Current: 0.42

0.38
0.44

During the past 2 years, the highest Debt-to-Equity Ratio of Blackrock Floating Rateome Trust was 0.44. The lowest was 0.38. And the median was 0.42.

NYSE:BGT's Debt-to-Equity is ranked lower than
69% of the 933 Companies
in the Asset Management industry.

( Industry Median: 0.21 vs. NYSE:BGT: 0.42 )

Blackrock Floating Rateome Trust Debt-to-Equity 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 Floating Rateome Trust Annual Data
Oct17 Oct18
Debt-to-Equity 0.44 0.42

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20
Debt-to-Equity Premium Member Only 0.42 0.42 0.38 0.38 0.42

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 Floating Rateome Trust Debt-to-Equity Distribution

* The bar in red indicates where Blackrock Floating Rateome Trust's Debt-to-Equity falls into.



Blackrock Floating Rateome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blackrock Floating Rateome Trust's Debt to Equity Ratio for the fiscal year that ended in Oct. 2018 is calculated as

Blackrock Floating Rateome Trust's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

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


Blackrock Floating Rateome Trust  (NYSE:BGT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Blackrock Floating Rateome Trust Debt-to-Equity Related Terms


Blackrock Floating Rateome Trust Debt-to-Equity Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)