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In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Blackrock Investment Quality Municipal Trust,'s net current asset value per share for the quarter that ended in Jul. 2024 was $0.00.
The historical rank and industry rank for Blackrock Investment Quality Municipal Trust,'s Net Current Asset Value or its related term are showing as below:
The historical data trend for Blackrock Investment Quality Municipal Trust,'s Net Current Asset Value 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 Investment Quality Municipal Trust, Annual Data | ||||||||||||||||
Trend | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Jul23 | Jul24 | |||||||||
Net Current Asset Value | Get a 7-Day Free Trial | - | - | - | - | - |
Blackrock Investment Quality Municipal Trust, Semi-Annual Data | ||||||||||||||
Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Jan23 | Jul23 | Jan24 | Jul24 | |
Net Current Asset Value | Get a 7-Day Free Trial |
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For the Asset Management subindustry, Blackrock Investment Quality Municipal Trust,'s Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
For the Asset Management industry and Financial Services sector, Blackrock Investment Quality Municipal Trust,'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Blackrock Investment Quality Municipal Trust,'s Price-to-Net-Current-Asset-Value falls into.
Blackrock Investment Quality Municipal Trust,'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2024 is calculated as
Net Current Asset Value Per Share | (A: Jul. 2024 ) | ||||||||
= | (Total Current Assets | - | Total Liabilities | - | Minority Interest | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (N/A | - | 107.888 | - | 0 | - | 0) | / | 17.206 |
= | N/A |
Blackrock Investment Quality Municipal Trust,'s Net Current Asset Value (NCAV) per share for the quarter that ended in Jul. 2024 is calculated as
Net Current Asset Value Per Share | (Q: Jul. 2024 ) | ||||||||
= | (Total Current Assets | - | Total Liabilities | - | Minority Interest | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (N/A | - | 107.888 | - | 0 | - | 0) | / | 17.206 |
= | N/A |
* 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 Investment Quality Municipal Trust, (NYSE:BKN) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Thank you for viewing the detailed overview of Blackrock Investment Quality Municipal Trust,'s Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Stayce D. Harris | director | 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008 |
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 |
Kristi Manidis Santiago | other: Portfolio Manager | 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540 |
Phillip Soccio | other: Portfolio Manager | 100 BELLEVUE PARKWAY, WILMINGTON DE 19809 |
Kevin Maloney | other: Portfolio Manager | 55 EAST 52ND STREET, NEW YORK NY 10055 |
Lorenzo Flores | director | 2100 LOGIC DRIVE, SAN JOSE CA 95124 |
James Phillip Holloman | director | P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262 |
Trent Walker | officer: Chief Financial Officer | C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Henry Gabbay | director | 100 BELLEVUE PARKWAY, WILMINGTON DE 19809 |
Catherine A. Lynch | director | 55 EAST 52ND STREET, NEW YORK NY 10055 |
Robert W Fairbairn | director | 55 EAST 52ND STREET, NEW YORK NY 10055 |
Christian Romaglino | other: Portfolio Manager | 55 EAST 52ND STREET, NEW YORK NY 10055 |
Jpmorgan Chase Bank, N.a. | 10 percent owner | 1111 POLARIS PARKWAY, COLUMBUS OH 43240 |
J.p. Morgan Taxable Putters/taxable Drivers, Series T0011 Trust | 10 percent owner | C/O U.S. BANK TRUST NATIONAL ASSOCIATION, 100 WALL STREET-SUITE 1600, NEW YORK NY 10005 |
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