Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Blackrock Long-term Municipal AdtgTrust Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Blackrock Long-term Municipal AdtgTrust's cash to debt ratio for the quarter that ended in Jan. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Blackrock Long-term Municipal AdtgTrust could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt or its related term are showing as below:

BTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: No Debt

During the past 6 years, Blackrock Long-term Municipal AdtgTrust's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

BTA's Cash-to-Debt is ranked better than
99.93% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs BTA: No Debt

Blackrock Long-term Municipal AdtgTrust Cash-to-Debt Historical Data

The historical data trend for Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Blackrock Long-term Municipal AdtgTrust Cash-to-Debt Chart

Blackrock Long-term Municipal AdtgTrust Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

N/A

Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	0.01	N/A	No Debt

Competitive Comparison of Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt

For the Asset Management subindustry, Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Long-term Municipal AdtgTrust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt falls into.

Blackrock Long-term Municipal AdtgTrust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Blackrock Long-term Municipal AdtgTrust's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Blackrock Long-term Municipal AdtgTrust's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Blackrock Long-term Municipal AdtgTrust had no debt ⁽¹⁾.

Blackrock Long-term Municipal AdtgTrust (NYSE:BTA) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Blackrock Long-term Municipal AdtgTrust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Blackrock Long-term Municipal AdtgTrust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Long-term Municipal AdtgTrust (NYSE:BTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Long-term Municipal AdtgTrust is a diversified investment fund with an investment objective to provide current income exempt from regular U.S. federal income tax. The Fund invests at least 80% of its total assets in municipal bonds, municipal securities, and derivative instruments.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago	other: Portfolio Manager	1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Peter Hayes	other: Officer of the Advisor	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Cash-to-Debt : No Debt (1) (As of Jan. 2024)