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BIT (BlackRock Multi-Sectorome Trust) Equity-to-Asset : 0.61 (As of Jun. 2024)


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What is BlackRock Multi-Sectorome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackRock Multi-Sectorome Trust's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $558.38 Mil. BlackRock Multi-Sectorome Trust's Total Assets for the quarter that ended in Jun. 2024 was $915.31 Mil. Therefore, BlackRock Multi-Sectorome Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.61.

The historical rank and industry rank for BlackRock Multi-Sectorome Trust's Equity-to-Asset or its related term are showing as below:

BIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.61   Max: 0.63
Current: 0.61

During the past 6 years, the highest Equity to Asset Ratio of BlackRock Multi-Sectorome Trust was 0.63. The lowest was 0.58. And the median was 0.61.

BIT's Equity-to-Asset is ranked worse than
73.49% of 1701 companies
in the Asset Management industry
Industry Median: 0.84 vs BIT: 0.61

BlackRock Multi-Sectorome Trust Equity-to-Asset Historical Data

The historical data trend for BlackRock Multi-Sectorome Trust'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 Multi-Sectorome Trust Equity-to-Asset Chart

BlackRock Multi-Sectorome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Equity-to-Asset
Get a 7-Day Free Trial 0.62 0.62 0.63 0.59 0.60

BlackRock Multi-Sectorome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.60 0.61 0.60 0.61

Competitive Comparison of BlackRock Multi-Sectorome Trust's Equity-to-Asset

For the Asset Management subindustry, BlackRock Multi-Sectorome Trust'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 Multi-Sectorome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Multi-Sectorome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BlackRock Multi-Sectorome Trust's Equity-to-Asset falls into.



BlackRock Multi-Sectorome Trust 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 Multi-Sectorome Trust's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Equity to Asset (A: Oct. 2022 )=Total Stockholders Equity/Total Assets
=552.552/927.758
=0.60

BlackRock Multi-Sectorome Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=558.375/915.312
=0.61

* 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 Multi-Sectorome Trust  (NYSE:BIT) 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 Multi-Sectorome Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BlackRock Multi-Sectorome Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Multi-Sectorome Trust Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Multi-Sector Income Trust is a closed-end investment management company. It invests on behalf of its clients. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in loan and debt instruments and other investments with similar economic characteristics. Its portfolio consists of Corporate Bonds, Asset-Backed Securities, Preferred Securities and others.
Executives
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Samir Lakhani other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Randy Robertson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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

BlackRock Multi-Sectorome Trust Headlines

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