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BlackRock ESG Capital Allocation Trust (NYSE:ECAT) Financial Strength

: 4 (As of Dec. 2021)
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BlackRock ESG Capital Allocation Trust has the Financial Strength Rank of 4.

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 ESG Capital Allocation Trust's interest coverage with the available data. BlackRock ESG Capital Allocation Trust's debt to revenue ratio for the quarter that ended in Dec. 2021 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


BlackRock ESG Capital Allocation Trust 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 ESG Capital Allocation Trust's Interest Expense for the months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2021 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.01 Mil.

BlackRock ESG Capital Allocation Trust's Interest Coverage for the quarter that ended in Dec. 2021 is

GuruFocus does not calculate BlackRock ESG Capital Allocation Trust's interest coverage with the available data.

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

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

BlackRock ESG Capital Allocation Trust's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.006) / 84.35
=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 ESG Capital Allocation Trust  (NYSE:ECAT) 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 ESG Capital Allocation Trust has the Financial Strength Rank of 4.


BlackRock ESG Capital Allocation Trust Financial Strength Related Terms

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


BlackRock ESG Capital Allocation Trust (NYSE:ECAT) Business Description

BlackRock ESG Capital Allocation Trust logo
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock ESG Capital Allocation Trust is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation.
Executives
Kester W Carl director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Moore Katherine Ann other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Harris Stayce D. director 1999 S. BASCOM AVE. SUITE 700 CAMPBELL CA 95008
Clayton David William other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Koesterich Russell Jared other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Rieder Richard M other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET NEW YORK NY 10022
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Walker Trent officer: Chief Financial Officer C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Blackrock Financial Management Inc/de other: See Remarks 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Fabozzi Frank director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Cavanagh Richard director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Fife Jay M. officer: Treasurer 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Hubbard Robert Glenn director 100 BELLEVUE PARKWAY WILMINGTON DE 19809
Robards Karen P director 800 SCUDDERS MILL RD PLAINSBORO NJ 08536
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