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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Equity-to-Asset : 0.99 (As of Jun. 2020)


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What is Blackrock Florida Muni 2020 Term Tr Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackrock Florida Muni 2020 Term Tr's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $78.61 Mil. Blackrock Florida Muni 2020 Term Tr's Total Assets for the quarter that ended in Jun. 2020 was $79.77 Mil. Therefore, Blackrock Florida Muni 2020 Term Tr's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was 0.99.

The historical rank and industry rank for Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset or its related term are showing as below:

BFO's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Blackrock Florida Muni 2020 Term Tr Equity-to-Asset Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset 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.

* Premium members only.

Blackrock Florida Muni 2020 Term Tr Equity-to-Asset Chart

Blackrock Florida Muni 2020 Term Tr Annual Data
Trend Jul17 Jul18 Dec19
Equity-to-Asset
1.00 1.00 1.00

Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
Jul17 Jan18 Jul18 Jun19 Dec19 Jun20
Equity-to-Asset Get a 7-Day Free Trial 1.00 1.00 0.98 1.00 0.99

Competitive Comparison of Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset

For the Asset Management subindustry, Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Florida Muni 2020 Term Tr's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset falls into.



Blackrock Florida Muni 2020 Term Tr Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Blackrock Florida Muni 2020 Term Tr's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=79.905/80.053
=1.00

Blackrock Florida Muni 2020 Term Tr's Equity to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Equity to Asset (Q: Jun. 2020 )=Total Stockholders Equity/Total Assets
=78.606/79.769
=0.99

* 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 Florida Muni 2020 Term Tr  (NYSE:BFO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Blackrock Florida Muni 2020 Term Tr Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Blackrock Florida Muni 2020 Term Tr's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
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
Blackrock Holdco 2, Inc. other: Affl. of Investment Advisor 40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs other: Former 10% Owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers director 40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines