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Blackrock Muniholdings Fund II , (Blackrock Muniholdings Fund II ,) Tangible Book per Share : $15.40 (As of Oct. 2020)


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What is Blackrock Muniholdings Fund II , Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Blackrock Muniholdings Fund II ,'s tangible book value per share for the quarter that ended in Oct. 2020 was $15.40.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Blackrock Muniholdings Fund II , Tangible Book per Share Historical Data

The historical data trend for Blackrock Muniholdings Fund II ,'s Tangible Book per Share 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 Muniholdings Fund II , Tangible Book per Share Chart

Blackrock Muniholdings Fund II , Annual Data
Trend Apr18 Apr19 Apr20
Tangible Book per Share
15.12 15.32 14.20

Blackrock Muniholdings Fund II , Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Tangible Book per Share Get a 7-Day Free Trial 14.70 15.32 15.75 14.20 15.40

Competitive Comparison of Blackrock Muniholdings Fund II ,'s Tangible Book per Share

For the Asset Management subindustry, Blackrock Muniholdings Fund II ,'s Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Muniholdings Fund II ,'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniholdings Fund II ,'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blackrock Muniholdings Fund II ,'s Price-to-Tangible-Book falls into.



Blackrock Muniholdings Fund II , Tangible Book per Share Calculation

Blackrock Muniholdings Fund II ,'s Tangible Book Value Per Share for the fiscal year that ended in Apr. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(160.923-0-0)/11.3363
=14.20

Blackrock Muniholdings Fund II ,'s Tangible Book Value Per Share for the quarter that ended in Oct. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(174.591-0-0)/11.3363
=15.40

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Blackrock Muniholdings Fund II ,  (NYSE:MUH) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Blackrock Muniholdings Fund II , Tangible Book per Share Related Terms

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Blackrock Muniholdings Fund II , (Blackrock Muniholdings Fund II ,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniholdings Fund II , Inc is a closed-end management investment company. The fund's objective is current income exempt from Federal income taxes. It invests seeks to achieve the objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from U.S. federal income taxes. The company invests in Transportation, Health, Utilities, Education, Housing, and other sectors.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes other: Officer of the Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
J.p. Morgan Taxable Putters/taxable Drivers, Series T0018 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
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jerrold B Harris director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

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