BFZ (Blackrock CA Muniome Tr) Goodwill: $0.00 Mil (As of Jul. 2025)

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BFZ Blackrock CA Muni Income Tr BFZ
21 GF Score
Price $11.11
! 2 Warning Signs
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What is Blackrock CA Muniome Tr Goodwill?

Blackrock CA Muniome Tr BFZ -0.36% 21 Goodwill is $0.00 Mil as of Jul. 2025. GuruFocus rates BFZ with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Blackrock CA Muniome Tr's goodwill for the quarter that ended in Jul. 2025 was $0.00 Mil.


Blackrock CA Muniome Tr  (NYSE:BFZ) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Blackrock CA Muniome Tr's Goodwill-to-Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Goodwill-to-Asset (A: Jul. 2025 )=Goodwill/Total Assets
=0/617.325
=0.00

Blackrock CA Muniome Tr's Goodwill-to-Asset Ratio for the quarter that ended in Jul. 2025 is calculated as

Goodwill-to-Asset (Q: Jul. 2025 )=Goodwill/Total Assets
=0/617.325
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Blackrock CA Muniome Tr Goodwill Related Terms


Blackrock CA Muniome Tr Goodwill Historical Data

* Premium members only.

The historical data trend for Blackrock CA Muniome Tr's Goodwill can be seen below:

* 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 CA Muniome Tr Goodwill Chart

Blackrock CA Muniome Tr Annual Data
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Goodwill
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Blackrock CA Muniome Tr Semi-Annual Data
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BFZ
21GF Score
Blackrock CA Muni Income Tr BFZ
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock CA Muniome Tr Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of $0.00 Mil mean?
Blackrock CA Muniome Tr (BFZ) has a Goodwill of $0.00 Mil as of Jul. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Blackrock CA Muniome Tr and its competitors.
Is Blackrock CA Muniome Tr's Goodwill too high?
Blackrock CA Muniome Tr's current Goodwill is $0.00 Mil. Overall, Blackrock CA Muniome Tr has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock CA Muniome Tr's Goodwill compare to BGT and RIV?
Blackrock CA Muniome Tr's Goodwill of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Asset Management company?
A good Goodwill depends on the Asset Management industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Blackrock CA Muniome Tr and its competitors. Blackrock CA Muniome Tr's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock CA Muniome Tr stock overvalued right now?
Blackrock CA Muniome Tr (BFZ) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Blackrock CA Muniome Tr's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Blackrock CA Muniome Tr (BFZ), the current Goodwill is $0.00 Mil 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 CA Muniome Tr Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock CA Muni Income Tr is a United States-based closed-end management investment company. The investment objective is to provide current income exempt from regular U.S. federal income and California income taxes. The Trust seeks to achieve its investment objective by investing principally in municipal obligations exempt from U.S. federal income taxes and California income taxes. The Trust invests, under normal market conditions, at least 80% of its assets in municipal obligations that are investment grade quality, or are considered by the Trust's investment adviser to be of comparable quality, at the time of investment.
21GF Score

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Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.11
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