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Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Enterprise Value : $134.66 Mil (As of Jun. 06, 2024)


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What is Blackrock Long-term Municipal AdtgTrust Enterprise Value?

Think of Enterprise Value as 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, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Blackrock Long-term Municipal AdtgTrust's Enterprise Value is $134.66 Mil. Blackrock Long-term Municipal AdtgTrust's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $3.99 Mil. Therefore, Blackrock Long-term Municipal AdtgTrust's EV-to-Revenue ratio for today is 33.78.


Blackrock Long-term Municipal AdtgTrust Enterprise Value Historical Data

The historical data trend for Blackrock Long-term Municipal AdtgTrust's Enterprise Value 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 Long-term Municipal AdtgTrust Enterprise Value Chart

Blackrock Long-term Municipal AdtgTrust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23
Enterprise Value
Get a 7-Day Free Trial 160.21 146.61 177.22 140.05 130.50

Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 179.40 140.05 148.85 130.50 137.20

Competitive Comparison of Blackrock Long-term Municipal AdtgTrust's Enterprise Value

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

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

* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Enterprise Value falls into.



Blackrock Long-term Municipal AdtgTrust Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Blackrock Long-term Municipal AdtgTrust's Enterprise Value for the fiscal year that ended in Jul. 2023 is calculated as

Blackrock Long-term Municipal AdtgTrust's Enterprise Value for the quarter that ended in Jan. 2024 is calculated as

* 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 Long-term Municipal AdtgTrust  (NYSE:BTA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Blackrock Long-term Municipal AdtgTrust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=134.661/3.986
=33.78

Blackrock Long-term Municipal AdtgTrust's current Enterprise Value is $134.66 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Blackrock Long-term Municipal AdtgTrust's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $3.99 Mil.

* 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 Long-term Municipal AdtgTrust Enterprise Value Related Terms

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

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
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) Headlines