Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackrockome Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $271.33 Mil. Blackrockome Trust's Total Assets for the quarter that ended in Dec. 2023 was $428.75 Mil.
Therefore, Blackrockome Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.
The historical rank and industry rank for Blackrockome Trust's Equity-to-Asset or its related term are showing as below:
BKT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48 Med: 0.61 Max: 0.65
Current: 0.63
During the past 7 years, the highest Equity to Asset Ratio of Blackrockome Trust was 0.65. The lowest was 0.48. And the median was 0.61.
BKT's Equity-to-Asset is ranked worse than 71.28% of 1727
companies
in the Asset Management industry
Industry Median: 0.83
vs BKT: 0.63
Blackrockome Trust Equity-to-Asset Historical Data
The historical data trend for Blackrockome 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.
Competitive Comparison of Blackrockome Trust's Equity-to-Asset
For the Asset Management subindustry, Blackrockome 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.
Blackrockome Trust's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrockome Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackrockome Trust's Equity-to-Asset falls into.
Blackrockome 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.
Blackrockome Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Blackrockome Trust Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Blackrockome Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrockome Trust (Blackrockome Trust) Business Description
Blackrock Income Trust Inc is a diversified investment fund with an investment objective to manage a portfolio of high-quality securities to achieve both preservations of capital and high monthly income. The trust seeks to achieve its investment objective by investing at least 65% of its assets in mortgage-backed securities.
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