BSD'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 Strategic Municipal Trust Equity-to-Asset Historical Data
* 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 Strategic Municipal Trust Equity-to-Asset Chart
Blackrock Strategic Municipal Trust Annual Data
Trend
Apr16
Apr18
Apr19
Apr20
Equity-to-Asset
0.62
0.58
0.60
0.58
Blackrock Strategic Municipal Trust Semi-Annual Data
Competitive Comparison of Blackrock Strategic Municipal Trust's Equity-to-Asset
For the Asset Management subindustry, Blackrock Strategic Municipal 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 Strategic Municipal Trust's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Strategic Municipal Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackrock Strategic Municipal Trust's Equity-to-Asset falls into.
Blackrock Strategic Municipal 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.
* 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 Strategic Municipal Trust (NYSE:BSD) 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 Strategic Municipal Trust Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Blackrock Strategic Municipal Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrock Strategic Municipal Trust (Blackrock Strategic Municipal Trust) Business Description
Blackrock Strategic Municipal Trust is a diversified closed-end management investment company. Its investment objective is to provide current income that is exempt from regular U.S. federal income tax and to invest in municipal bonds that over time will perform better than the broader municipal bond market. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in investments exempt from U.S. federal income taxes.
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