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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Equity-to-Asset : 0.69 (As of Dec. 2023)


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What is BlackRockorate High Yield Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackRockorate High Yield Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,388.6 Mil. BlackRockorate High Yield Fund's Total Assets for the quarter that ended in Dec. 2023 was $2,000.1 Mil. Therefore, BlackRockorate High Yield Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

The historical rank and industry rank for BlackRockorate High Yield Fund's Equity-to-Asset or its related term are showing as below:

HYT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.69   Max: 0.74
Current: 0.69

During the past 7 years, the highest Equity to Asset Ratio of BlackRockorate High Yield Fund was 0.74. The lowest was 0.67. And the median was 0.69.

HYT's Equity-to-Asset is ranked worse than
64.41% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs HYT: 0.69

BlackRockorate High Yield Fund Equity-to-Asset Historical Data

The historical data trend for BlackRockorate High Yield Fund's Equity-to-Asset 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.

BlackRockorate High Yield Fund Equity-to-Asset Chart

BlackRockorate High Yield Fund Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.74 0.67 0.69 0.71 0.69

BlackRockorate High Yield Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.69 0.71 0.70 0.69

Competitive Comparison of BlackRockorate High Yield Fund's Equity-to-Asset

For the Asset Management subindustry, BlackRockorate High Yield Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


BlackRockorate High Yield Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRockorate High Yield Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BlackRockorate High Yield Fund's Equity-to-Asset falls into.



BlackRockorate High Yield Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

BlackRockorate High Yield Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1388.6/2000.058
=0.69

BlackRockorate High Yield Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1388.6/2000.058
=0.69

* 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.


BlackRockorate High Yield Fund  (NYSE:HYT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


BlackRockorate High Yield Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BlackRockorate High Yield Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed-income securities.
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
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536