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BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) Equity-to-Asset : 0.59 (As of Jan. 2022)


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What is BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Total Stockholders Equity for the quarter that ended in Jan. 2022 was $525.82 Mil. BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Total Assets for the quarter that ended in Jan. 2022 was $897.21 Mil. Therefore, BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity to Asset Ratio for the quarter that ended in Jan. 2022 was 0.59.

The historical rank and industry rank for BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset or its related term are showing as below:

MCA'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 MUNIYIELD CALIFORNIA QUALITY FUND, Equity-to-Asset Historical Data

The historical data trend for BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'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 MUNIYIELD CALIFORNIA QUALITY FUND, Equity-to-Asset Chart

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Equity-to-Asset
0.59 0.56 0.58 0.60 0.61

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.60 0.60 0.61 0.59

Competitive Comparison of BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset

For the Asset Management subindustry, BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'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 MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset falls into.



BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, 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 MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity to Asset Ratio for the fiscal year that ended in Jul. 2021 is calculated as

Equity to Asset (A: Jul. 2021 )=Total Stockholders Equity/Total Assets
=567.192/933.267
=0.61

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity to Asset Ratio for the quarter that ended in Jan. 2022 is calculated as

Equity to Asset (Q: Jan. 2022 )=Total Stockholders Equity/Total Assets
=525.82/897.209
=0.59

* 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 MUNIYIELD CALIFORNIA QUALITY FUND,  (NYSE:MCA) 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 MUNIYIELD CALIFORNIA QUALITY FUND, Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC. is a diversified, closed-end management investment company. The fund invests in the long-term municipal obligations that are investment grade quality at the time of investment. The fund's investment objective is to provide shareholders with current income exempt from U.S. federal and California income taxes as is consistent with its investment policies and prudent investment management.
Executives
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
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
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
Michael Perilli other: Portfolio Manager 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
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, (BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND,) Headlines