Blackrock Strategic Municipal Trust (Blackrock Strategic Municipal Trust) Net Cash per Share : $-10.22 (As of Oct. 2020)

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What is Blackrock Strategic Municipal Trust Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Blackrock Strategic Municipal Trust's Net Cash per Share for the quarter that ended in Oct. 2020 was $-10.22.

The historical rank and industry rank for Blackrock Strategic Municipal Trust's Net Cash per Share or its related term are showing as below:

BSD's Price-to-Net-Cash is not ranked ^*
in the Asset Management industry.
Industry Median: 6.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

Blackrock Strategic Municipal Trust Net Cash per Share Historical Data

The historical data trend for Blackrock Strategic Municipal Trust's Net Cash per Share 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 Strategic Municipal Trust Net Cash per Share Chart

Blackrock Strategic Municipal Trust Annual Data

Trend

Apr16

Apr18

Apr19

Apr20

Net Cash per Share

-9.17

-10.32

-9.62

-9.57

Blackrock Strategic Municipal Trust Semi-Annual Data
	Apr16	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20
Net Cash per Share	Get a 7-Day Free Trial			-10.22	-9.62	-9.98	-9.57	-10.22

Competitive Comparison of Blackrock Strategic Municipal Trust's Net Cash per Share

For the Asset Management subindustry, Blackrock Strategic Municipal Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Strategic Municipal Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Strategic Municipal Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Blackrock Strategic Municipal Trust's Price-to-Net-Cash falls into.

Blackrock Strategic Municipal Trust Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Blackrock Strategic Municipal Trust's Net Cash per Share for the fiscal year that ended in Apr. 2020 is calculated as

	Net Cash per Share (A: Apr. 2020 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0	-	69.927	-	0)	/	7.30817
=	-9.57

Blackrock Strategic Municipal Trust's Net Cash per Share for the quarter that ended in Oct. 2020 is calculated as

	Net Cash per Share (Q: Oct. 2020 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0	-	74.69	-	0)	/	7.30817
=	-10.22

Blackrock Strategic Municipal Trust (NYSE:BSD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Blackrock Strategic Municipal Trust Net Cash per Share Related Terms

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Blackrock Strategic Municipal Trust (Blackrock Strategic Municipal Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Strategic Municipal Trust (NYSE:BSD) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Strategic Municipal Trust is a diversified closed-end management investment company. Its investment objective is to provide current income that is exempt from regular U.S. federal income tax and to invest in municipal bonds that over time will perform better than the broader municipal bond market. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in investments exempt from U.S. federal income taxes.

Executives

J.p. Morgan Taxable Putters/taxable Drivers, Series T0015 Trust	10 percent owner	C/O U.S. BANK TRUST NATIONAL ASSOCIATION 100 WALL STREET-SUITE 1600 NEW YORK NY 10005
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano	director	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Peter Hayes	other: Officer of the Advisor	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Crothers	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn	officer: Secretary	55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255

Blackrock Strategic Municipal Trust (Blackrock Strategic Municipal Trust) Headlines

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