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BLACKROCK MUNIYIELD QUALITY FUND III, Equity-to-Asset

: 0.63 (As of Jul. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Stockholders Equity for the quarter that ended in Jul. 2020 was $1,024.52 Mil. BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Assets for the quarter that ended in Jul. 2020 was $1,619.58 Mil. Therefore, BLACKROCK MUNIYIELD QUALITY FUND III,'s Equity to Asset Ratio for the quarter that ended in Jul. 2020 was 0.63.

NYSE:MYI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.62   Max: 0.63
Current: 0.63

0.6
0.63

During the past 4 years, the highest Equity to Asset Ratio of BLACKROCK MUNIYIELD QUALITY FUND III, was 0.63. The lowest was 0.60. And the median was 0.62.

NYSE:MYI's Equity-to-Asset is ranked lower than
72% of the 1675 Companies
in the Asset Management industry.

( Industry Median: 0.82 vs. NYSE:MYI: 0.63 )

BLACKROCK MUNIYIELD QUALITY FUND III, Equity-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

BLACKROCK MUNIYIELD QUALITY FUND III, Annual Data
Jul17 Jul18 Jul19 Jul20
Equity-to-Asset 0.62 0.60 0.62 0.63

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20
Equity-to-Asset Premium Member Only Premium Member Only 0.60 0.60 0.62 0.63 0.63

Competitive Comparison
* 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.


BLACKROCK MUNIYIELD QUALITY FUND III, Equity-to-Asset Distribution

* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s Equity-to-Asset falls into.



BLACKROCK MUNIYIELD QUALITY FUND III, 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 shareholder's tangible equity divided by its total asset.

BLACKROCK MUNIYIELD QUALITY FUND III,'s Equity to Asset Ratio for the fiscal year that ended in Jul. 2020 is calculated as

Equity to Asset (A: Jul. 2020 )=Total Stockholders Equity/Total Assets
=1024.515/1619.582
=0.63

BLACKROCK MUNIYIELD QUALITY FUND III,'s Equity to Asset Ratio for the quarter that ended in Jul. 2020 is calculated as

Equity to Asset (Q: Jul. 2020 )=Total Stockholders Equity/Total Assets
=1024.515/1619.582
=0.63

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


BLACKROCK MUNIYIELD QUALITY FUND III,  (NYSE:MYI) 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 QUALITY FUND III, Equity-to-Asset Related Terms


BLACKROCK MUNIYIELD QUALITY FUND III, Equity-to-Asset Headlines

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