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BTA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.6 Max: 0.62
Current: 0.6
During the past 8 years, the highest Equity to Asset Ratio of Blackrock Long-term Municipal AdtgTrust was 0.62. The lowest was 0.57. And the median was 0.60.
BTA's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83
vs BTA: 0.60
Blackrock Long-term Municipal AdtgTrust (NYSE:BTA) 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 Long-term Municipal AdtgTrust Equity-to-Asset Related Terms
Blackrock Long-term Municipal AdtgTrust 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.
Blackrock Long-term Municipal AdtgTrust Equity-to-Asset Chart
Blackrock Long-term Municipal AdtgTrust Annual Data
For the Asset Management subindustry, Blackrock Long-term Municipal AdtgTrust'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 Long-term Municipal AdtgTrust Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset falls into.
Blackrock Long-term Municipal AdtgTrust 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 Long-term Municipal AdtgTrust (BTA) has a Equity-to-Asset of 0.60 as of Jul. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. This is near median its historical median of 0.60. Over the past decade, Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset has ranged from 0.57 to 0.62.
Is Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset too high?
Blackrock Long-term Municipal AdtgTrust's current Equity-to-Asset of 0.60 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.62. The Asset Management industry median Equity-to-Asset is 0.83. Blackrock Long-term Municipal AdtgTrust's value of 0.60 is 27.7% below this industry median. Overall, Blackrock Long-term Municipal AdtgTrust has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset compare to CIK and BGX?
Blackrock Long-term Municipal AdtgTrust's Equity-to-Asset of 0.60 can be compared against companies in the Asset Management industry. The industry median Equity-to-Asset is 0.83. Blackrock Long-term Municipal AdtgTrust's value of 0.60 is 27.7% below this benchmark. Historically, Blackrock Long-term Municipal AdtgTrust's own Equity-to-Asset has ranged from 0.57 to 0.62 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.83, Blackrock Long-term Municipal AdtgTrust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,630 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Long-term Municipal AdtgTrust's current Equity-to-Asset of 0.60 is 27.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Long-term Municipal AdtgTrust's current Equity-to-Asset is 0.60, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Long-term Municipal AdtgTrust stock overvalued right now?
Blackrock Long-term Municipal AdtgTrust (BTA) has a current Equity-to-Asset of 0.60. The current Equity-to-Asset is 0.60, which is near median its 10-year median of 0.60 and 27.7% below the Asset Management industry median of 0.83. Blackrock Long-term Municipal AdtgTrust's overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Blackrock Long-term Municipal AdtgTrust (BTA), the current Equity-to-Asset is 0.60 as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Blackrock Long-term Municipal AdtgTrust is a diversified closed-end investment trust. Its investment objective is to provide current income exempt from regular U.S. federal income tax. The fund, under normal market conditions, invests a majority of its managed assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are expected to pay interest or income that is exempt from U.S. federal income tax. Its investment portfolio comprises dollar-weighted, long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund's investments have exposure to various sectors such as Corporate, Health, County/City/Special District/School District, Transportation, Education, Utilities, State, Tobacco, etc.
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