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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Liabilities-to-Assets : 0.31 (As of Dec. 2023)


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What is BlackRockorate High Yield Fund Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. BlackRockorate High Yield Fund's Total Liabilities for the quarter that ended in Dec. 2023 was $611.5 Mil. BlackRockorate High Yield Fund's Total Assets for the quarter that ended in Dec. 2023 was $2,000.1 Mil. Therefore, BlackRockorate High Yield Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.31.


BlackRockorate High Yield Fund Liabilities-to-Assets Historical Data

The historical data trend for BlackRockorate High Yield Fund's Liabilities-to-Assets 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.

* Premium members only.

BlackRockorate High Yield Fund Liabilities-to-Assets Chart

BlackRockorate High Yield Fund Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.26 0.33 0.31 0.29 0.31

BlackRockorate High Yield Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.31 0.29 0.30 0.31

Competitive Comparison of BlackRockorate High Yield Fund's Liabilities-to-Assets

For the Asset Management subindustry, BlackRockorate High Yield Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


BlackRockorate High Yield Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRockorate High Yield Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where BlackRockorate High Yield Fund's Liabilities-to-Assets falls into.



BlackRockorate High Yield Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

BlackRockorate High Yield Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=611.458/2000.058
=0.31

BlackRockorate High Yield Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=611.458/2000.058
=0.31

* 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.


BlackRockorate High Yield Fund  (NYSE:HYT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


BlackRockorate High Yield Fund Liabilities-to-Assets Related Terms

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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed-income securities.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536