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BlackRock Health Sciences Trust II (NYSE:BMEZ) Financial Strength

: 8 (As of Jun. 2022)
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BlackRock Health Sciences Trust II has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

BlackRock Health Sciences Trust II shows strong financial strength.

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 Health Sciences Trust II's interest coverage with the available data. BlackRock Health Sciences Trust II's debt to revenue ratio for the quarter that ended in Jun. 2022 was -0.00. Altman Z-Score does not apply to banks and insurance companies.


BlackRock Health Sciences Trust II 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 Health Sciences Trust II's Interest Expense for the months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2022 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.07 Mil.

BlackRock Health Sciences Trust II's Interest Coverage for the quarter that ended in Jun. 2022 is

GuruFocus does not calculate BlackRock Health Sciences Trust II's interest coverage with the available data.

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

Good Sign:

BlackRock Health Sciences Trust II has no debt.

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

BlackRock Health Sciences Trust II's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.07) / -1507.86
=-0.00

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 Health Sciences Trust II  (NYSE:BMEZ) 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 Health Sciences Trust II has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


BlackRock Health Sciences Trust II Financial Strength Related Terms

Thank you for viewing the detailed overview of BlackRock Health Sciences Trust II's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Health Sciences Trust II (NYSE:BMEZ) Business Description

BlackRock Health Sciences Trust II logo
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Health Sciences Trust II is a closed-end management investment company. The investment objective is to provide total return through a combination of current income and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry.
Executives
Flores Lorenzo director 2100 LOGIC DRIVE SAN JOSE CA 95124
Holloman James Phillip director P.O. BOX 625737, 6800 CINTAS BOULEVARD CINCINNATI OH 45262
Harris Stayce D. director 1999 S. BASCOM AVE. SUITE 700 CAMPBELL CA 95008
Walker Trent officer: Chief Financial Officer C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Liu Xiang other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Lee Jeffrey Gene other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Andrews Neal officer: Chief Financial Officer 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Hubbard Robert Glenn director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Xie H Erin other: Portfolio Manager 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Accettella Christopher other: Portfolio Manager 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Mcclements Kyle other: Portfolio Manager 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Blackrock Financial Management Inc/de other: Affil. of Investment Adviser 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Fabozzi Frank director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Cavanagh Richard director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
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