Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
What is Blackrock Muniyield Michigan Quality Fund Equity-to-Asset?
Blackrock Muniyield Michigan Quality FundMIY -1.35%33 Equity-to-Asset is 0.61 as of Jan. 2026, which is at its 10-year median of 0.61. GuruFocus rates MIY with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,618 Asset Management companies, Blackrock Muniyield Michigan Quality Fund ranks worse than 72.62% on this metric.
Blackrock Muniyield Michigan Quality Fund (NYSE:MIY) 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 Muniyield Michigan Quality Fund Equity-to-Asset Related Terms
Blackrock Muniyield Michigan Quality Fund 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 Muniyield Michigan Quality Fund Equity-to-Asset Chart
Blackrock Muniyield Michigan Quality Fund Annual Data
For the Asset Management subindustry, Blackrock Muniyield Michigan Quality Fund'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 Muniyield Michigan Quality Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Muniyield Michigan Quality Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackrock Muniyield Michigan Quality Fund's Equity-to-Asset falls into.
Blackrock Muniyield Michigan Quality Fund 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 Muniyield Michigan Quality Fund (MIY) has a Equity-to-Asset of 0.61 as of Jan. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackrock Muniyield Michigan Quality Fund and its competitors. This is near median its historical median of 0.61. Over the past decade, Blackrock Muniyield Michigan Quality Fund's Equity-to-Asset has ranged from 0.59 to 0.63. According to the industry distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #1175 out of 1618 companies in the Asset Management industry, placing it in the top 72.6%.
Is Blackrock Muniyield Michigan Quality Fund's Equity-to-Asset too high?
Blackrock Muniyield Michigan Quality Fund's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.63. The Asset Management industry median Equity-to-Asset is 0.83. Blackrock Muniyield Michigan Quality Fund's value of 0.61 is 26.5% below this industry median. Based on the distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #1175 out of 1618 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Muniyield Michigan Quality Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniyield Michigan Quality Fund's Equity-to-Asset compare to CION and MYN?
According to the Asset Management industry distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #1175 out of 1618 companies for Equity-to-Asset. This places Blackrock Muniyield Michigan Quality Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Blackrock Muniyield Michigan Quality Fund's value of 0.61 is 26.5% below this benchmark. Historically, Blackrock Muniyield Michigan Quality Fund's own Equity-to-Asset has ranged from 0.59 to 0.63 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.83, Blackrock Muniyield Michigan Quality Fund 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 1,618 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 Muniyield Michigan Quality Fund's current Equity-to-Asset of 0.61 is 26.5% 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 Muniyield Michigan Quality Fund 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 Muniyield Michigan Quality Fund's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniyield Michigan Quality Fund stock overvalued right now?
Blackrock Muniyield Michigan Quality Fund (MIY) has a current Equity-to-Asset of 0.61. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.61 and 26.5% below the Asset Management industry median of 0.83. Blackrock Muniyield Michigan Quality Fund's overall GF Score™ is 33/100 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 Muniyield Michigan Quality Fund (MIY), the current Equity-to-Asset is 0.61 as of Jan. 2026. 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 Muniyield Michigan Quality Fund Inc is a closed end fund. Its investment objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes and New York State and New York City personal income taxes as is consistent with its investment policies and prudent investment management.
33GF Score
Get the complete analysis for MIY
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIY has been successfully added to your 
