BTZ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.7 Max: 0.76
Current: 0.61
During the past 7 years, the highest Equity to Asset Ratio of Blackrock Credit Allocationome Trust was 0.76. The lowest was 0.61. And the median was 0.70.
BTZ's Equity-to-Asset is ranked worse than 73.78% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs BTZ: 0.61
Blackrock Credit Allocationome 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.
Competitive Comparison of Blackrock Credit Allocationome Trust's Equity-to-Asset
For the Asset Management subindustry, Blackrock Credit Allocationome 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 Credit Allocationome Trust's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Credit Allocationome Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackrock Credit Allocationome Trust's Equity-to-Asset falls into.
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.
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 Credit Allocationome Trust Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Blackrock Credit Allocationome Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Business Description
Blackrock Credit Allocation Income Trust is a diversified, closed-end Trust engaged in providing investment advisory and risk management solutions. Its investment objective of seeking current income, current gains, and capital appreciation. The company invests under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment-grade corporate bonds, high high-yields, bank loans, preferred securities or convertible bonds, or derivatives with economic characteristics similar to these credit-related securities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BTZ has been successfully added to your 