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Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)


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What is Blackrock Floating Rate Stra Fd LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Blackrock Floating Rate Stra Fd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Blackrock Floating Rate Stra Fd's long-term debt to total assets ratio declined from Dec. 2022 (0.24) to Dec. 2023 (0.23). It may suggest that Blackrock Floating Rate Stra Fd is progressively becoming less dependent on debt to grow their business.


Blackrock Floating Rate Stra Fd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Blackrock Floating Rate Stra Fd's LT-Debt-to-Total-Asset 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.

Blackrock Floating Rate Stra Fd LT-Debt-to-Total-Asset Chart

Blackrock Floating Rate Stra Fd Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.27 0.29 0.30 0.24 0.23

Blackrock Floating Rate Stra Fd Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.31 0.24 0.23 0.23

Blackrock Floating Rate Stra Fd LT-Debt-to-Total-Asset Calculation

Blackrock Floating Rate Stra Fd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=144.754/623.004
=0.23

Blackrock Floating Rate Stra Fd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=144.754/623.004
=0.23

* 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 Floating Rate Stra Fd  (NYSE:FRA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Blackrock Floating Rate Stra Fd LT-Debt-to-Total-Asset Related Terms

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Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.
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
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
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Joshua Tarnow other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212