Blackrock Municipalome Investment Quality Trus (Blackrock Municipalome Investment Quality Trus) Financial Strength : 0 (As of Aug. 2020)

View and export this data going back to 2002. Start your Free Trial

What is Blackrock Municipalome Investment Quality Trus Financial Strength?

Blackrock Municipalome Investment Quality Trus has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Blackrock Municipalome Investment Quality Trus's interest coverage with the available data. Blackrock Municipalome Investment Quality Trus's debt to revenue ratio for the quarter that ended in Aug. 2020 was -0.02. Altman Z-Score does not apply to banks and insurance companies.

Blackrock Municipalome Investment Quality Trus Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Blackrock Municipalome Investment Quality Trus's Interest Expense for the months ended in Aug. 2020 was $-0.61 Mil. Its Operating Income for the months ended in Aug. 2020 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2020 was $0.12 Mil.

Blackrock Municipalome Investment Quality Trus's Interest Coverage for the quarter that ended in Aug. 2020 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Blackrock Municipalome Investment Quality Trus's Debt to Revenue Ratio for the quarter that ended in Aug. 2020 is

Debt to Revenue Ratio	=	Total Debt (Q: Aug. 2020 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	0.115)	/	-6.562
	=	-0.02

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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 Municipalome Investment Quality Trus (NYSE:BAF) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Blackrock Municipalome Investment Quality Trus has the Financial Strength Rank of 0.

Blackrock Municipalome Investment Quality Trus Financial Strength Related Terms

Thank you for viewing the detailed overview of Blackrock Municipalome Investment Quality Trus's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Municipalome Investment Quality Trus (Blackrock Municipalome Investment Quality Trus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Municipal Income Investment Quality Trus (NYSE:BAF) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Municipal Income Investment Quality Trust is a diversified investment fund with an investment objective is to provide current income exempt from U.S. federal income tax, including the alternative minimum tax and Florida intangible property tax.

Executives

Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
J.p. Morgan Taxable Putters/taxable Drivers, Series T0013 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
Michael J Castellano	director	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn	officer: Secretary	55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055