GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock New Jersey Municipal Bond Tr (AMEX:BLJ) » Definitions » Equity-to-Asset

Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Equity-to-Asset : 0.59 (As of Feb. 2018)


View and export this data going back to 2002. Start your Free Trial

What is Blackrock New Jersey Municipal Bond Tr Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackrock New Jersey Municipal Bond Tr's Total Stockholders Equity for the quarter that ended in Feb. 2018 was $35.76 Mil. Blackrock New Jersey Municipal Bond Tr's Total Assets for the quarter that ended in Feb. 2018 was $60.79 Mil. Therefore, Blackrock New Jersey Municipal Bond Tr's Equity to Asset Ratio for the quarter that ended in Feb. 2018 was 0.59.

The historical rank and industry rank for Blackrock New Jersey Municipal Bond Tr's Equity-to-Asset or its related term are showing as below:

BLJ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.62   Max: 0.64
Current: 0.58

During the past 8 years, the highest Equity to Asset Ratio of Blackrock New Jersey Municipal Bond Tr was 0.64. The lowest was 0.58. And the median was 0.62.

BLJ's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs BLJ: 0.58

Blackrock New Jersey Municipal Bond Tr Equity-to-Asset Historical Data

The historical data trend for Blackrock New Jersey Municipal Bond 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 New Jersey Municipal Bond Tr Equity-to-Asset Chart

Blackrock New Jersey Municipal Bond Tr Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Equity-to-Asset
Get a 7-Day Free Trial 0.58 0.62 0.61 0.62 0.58

Blackrock New Jersey Municipal Bond Tr Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18
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 Premium Member Only Premium Member Only 0.61 0.62 0.60 0.58 0.59

Competitive Comparison of Blackrock New Jersey Municipal Bond Tr's Equity-to-Asset

For the Asset Management subindustry, Blackrock New Jersey Municipal Bond 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 New Jersey Municipal Bond Tr's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock New Jersey Municipal Bond Tr's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blackrock New Jersey Municipal Bond Tr's Equity-to-Asset falls into.



Blackrock New Jersey Municipal Bond 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 New Jersey Municipal Bond Tr's Equity to Asset Ratio for the fiscal year that ended in Aug. 2017 is calculated as

Equity to Asset (A: Aug. 2017 )=Total Stockholders Equity/Total Assets
=36.818/63.142
=0.58

Blackrock New Jersey Municipal Bond Tr's Equity to Asset Ratio for the quarter that ended in Feb. 2018 is calculated as

Equity to Asset (Q: Feb. 2018 )=Total Stockholders Equity/Total Assets
=35.763/60.789
=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 New Jersey Municipal Bond Tr  (AMEX:BLJ) 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 New Jersey Municipal Bond Tr Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Blackrock New Jersey Municipal Bond Tr's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock New Jersey Municipal Bond Trust functions in the financial domain. Managed by BlackRock Advisors, LLC, it is a non-diversified, closed-end municipal bond fund. The Trust's investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It invests its funds in municipal bonds that are investment grade quality at the time of investment. Its portfolio comprises of various sectors, including transportation, education, local tax-backed, county, state tax-backed, health, corporate and housing.
Executives
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Timothy T Browse other: Portfolio Manager 800 SCUDDERS MILLRD, PLAINSBORO NJ 08536
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
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Headlines

No Headlines