Blackrock Municipalome Trust II's quarterly market cap
declined
from Jan. 2023 ($536.05 Mil) to Jul. 2023 ($504.45 Mil) but then
increased
from Jul. 2023 ($504.45 Mil) to Jan. 2024 ($508.77 Mil).
Blackrock Municipalome Trust II's annual market cap
increased
from Aug. 2020 ($349.29 Mil) to Aug. 2021 ($783.33 Mil) but then
declined
from Aug. 2021 ($783.33 Mil) to Jul. 2023 ($504.45 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Blackrock Municipalome Trust II's Enterprise Value for Today is $578.75 Mil.
Blackrock Municipalome Trust II Market Cap Historical 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.
Competitive Comparison of Blackrock Municipalome Trust II's Market Cap
For the Asset Management subindustry, Blackrock Municipalome Trust II's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Market Cap distribution charts can be found below:
* The bar in red indicates where Blackrock Municipalome Trust II's Market Cap falls into.
Blackrock Municipalome Trust II Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NYSE:BLE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Blackrock Municipalome Trust II Market Cap Related Terms
Thank you for viewing the detailed overview of Blackrock Municipalome Trust II's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Business Description
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLE has been successfully added to your 