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BGT (Blackrock Floating Rateome Trust) Price-to-Free-Cash-Flow : 12.01 (As of Dec. 15, 2024)


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What is Blackrock Floating Rateome Trust Price-to-Free-Cash-Flow?

As of today (2024-12-15), Blackrock Floating Rateome Trust's share price is $13.31. Blackrock Floating Rateome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $1.11. Hence, Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow Ratio for today is 12.01.

The historical rank and industry rank for Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

BGT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.5   Med: 11.48   Max: 123.33
Current: 12.01

During the past 7 years, Blackrock Floating Rateome Trust's highest Price-to-Free-Cash-Flow Ratio was 123.33. The lowest was 3.50. And the median was 11.48.

BGT's Price-to-Free-Cash-Flow is ranked better than
56.18% of 995 companies
in the Asset Management industry
Industry Median: 13.47 vs BGT: 12.01

Blackrock Floating Rateome Trust's Free Cash Flow per Share for the six months ended in Jun. 2024 was $0.75. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.11.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Blackrock Floating Rateome Trust was -56.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -9.90% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -6.40% per year.

During the past 7 years, Blackrock Floating Rateome Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 21.90% per year. The lowest was -52.60% per year. And the median was -0.20% per year.


Blackrock Floating Rateome Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow 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 Rateome Trust Price-to-Free-Cash-Flow Chart

Blackrock Floating Rateome Trust Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 5.31 9.33 122.72 3.56 13.41

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.56 - 13.41 -

Competitive Comparison of Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Floating Rateome Trust's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow falls into.



Blackrock Floating Rateome Trust Price-to-Free-Cash-Flow Calculation

Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=13.31/1.108
=12.01

Blackrock Floating Rateome Trust's Share Price of today is $13.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Floating Rateome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $1.11.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Blackrock Floating Rateome Trust  (NYSE:BGT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Blackrock Floating Rateome Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rateome Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Floating Rateome Trust Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.
Executives
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
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
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust Headlines

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