BLE (Blackrock Municipalome Trust II) Asset Turnover: -0.04 (As of Jul. 2025)


BLE Blackrock Municipal Income Trust II BLE
24 GF Score
Price $10.54
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What is Blackrock Municipalome Trust II Asset Turnover?

Blackrock Municipalome Trust II BLE -0.19% 24 Asset Turnover is -0.04 as of Jul. 2025. GuruFocus rates BLE with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blackrock Municipalome Trust II's Revenue for the six months ended in Jul. 2025 was $-34.72 Mil. Blackrock Municipalome Trust II's Total Assets for the quarter that ended in Jul. 2025 was $879.17 Mil. Therefore, Blackrock Municipalome Trust II's Asset Turnover for the quarter that ended in Jul. 2025 was -0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Blackrock Municipalome Trust II's annualized ROE % for the quarter that ended in Jul. 2025 was -13.05%. It is also linked to ROA % through Du Pont Formula. Blackrock Municipalome Trust II's annualized ROA % for the quarter that ended in Jul. 2025 was -7.99%.


Blackrock Municipalome Trust II  (NYSE:BLE) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Blackrock Municipalome Trust II's annulized ROE % for the quarter that ended in Jul. 2025 is

ROE %**(Q: Jul. 2025 )
=Net Income/Total Stockholders Equity
=-70.288/538.5235
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.288 / -69.43)*(-69.43 / 879.17)*(879.17/ 538.5235)
=Net Margin %*Asset Turnover*Equity Multiplier
=101.24 %*-0.079*1.6326
=ROA %*Equity Multiplier
=-7.99 %*1.6326
=-13.05 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2025) net income data. The Revenue data used here is two times the semi-annual (Jul. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Blackrock Municipalome Trust II's annulized ROA % for the quarter that ended in Jul. 2025 is

ROA %(Q: Jul. 2025 )
=Net Income/Total Assets
=-70.288/879.17
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-70.288 / -69.43)*(-69.43 / 879.17)
=Net Margin %*Asset Turnover
=101.24 %*-0.079
=-7.99 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2025) net income data. The Revenue data used here is two times the semi-annual (Jul. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Blackrock Municipalome Trust II Asset Turnover Related Terms


Blackrock Municipalome Trust II Asset Turnover Historical Data

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The historical data trend for Blackrock Municipalome Trust II's Asset Turnover 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.

Blackrock Municipalome Trust II Asset Turnover Chart

Blackrock Municipalome Trust II Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 -0.00 0.03 -0.04

Blackrock Municipalome Trust II Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.02 0.01 -0.00 -0.04

BLE vs VVR, HQL, THW: Asset Turnover Comparison

For the Asset Management subindustry, Blackrock Municipalome Trust II's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Municipalome Trust II Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blackrock Municipalome Trust II's Asset Turnover falls into.


BLE
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Blackrock Municipal Income Trust II BLE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Municipalome Trust II Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Blackrock Municipalome Trust II's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=-35.417/( (870.414+881.456)/ 2 )
=-35.417/875.935
=-0.04

Blackrock Municipalome Trust II's Asset Turnover for the quarter that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2025 )/( (Total Assets (Q: Jan. 2025 )+Total Assets (Q: Jul. 2025 ))/ count )
=-34.715/( (876.884+881.456)/ 2 )
=-34.715/879.17
=-0.04

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of -0.04 mean?
Blackrock Municipalome Trust II (BLE) has a Asset Turnover of -0.04 as of Jul. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blackrock Municipalome Trust II and its competitors.
Is Blackrock Municipalome Trust II's Asset Turnover too high?
Blackrock Municipalome Trust II's current Asset Turnover is -0.04. Overall, Blackrock Municipalome Trust II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipalome Trust II's Asset Turnover compare to VVR and HQL?
Blackrock Municipalome Trust II's Asset Turnover of -0.04 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blackrock Municipalome Trust II and its competitors. Blackrock Municipalome Trust II's current Asset Turnover is -0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipalome Trust II stock overvalued right now?
Blackrock Municipalome Trust II (BLE) has a current Asset Turnover of -0.04. The current Asset Turnover is -0.04. Blackrock Municipalome Trust II's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Blackrock Municipalome Trust II (BLE), the current Asset Turnover is -0.04 as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackrock Municipalome Trust II Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide a high current income exempt from federal income taxes. The fund invests a majority of its managed assets in municipal obligations issued by or on behalf of states, territories, and possessions of the United States and their political subdivisions, agencies, or instrumentalities (Municipal Bonds), the interest of which is exempt from regular federal income tax (except that the interest may be subject to the alternative minimum tax).
24GF Score

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