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Blackrock Muniassets Fund (Blackrock Muniassets Fund) Equity-to-Asset : 0.71 (As of Jan. 2024)


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What is Blackrock Muniassets Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackrock Muniassets Fund's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $439.21 Mil. Blackrock Muniassets Fund's Total Assets for the quarter that ended in Jan. 2024 was $623.41 Mil. Therefore, Blackrock Muniassets Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.71.

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

MUA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.87   Max: 0.89
Current: 0.71

During the past 6 years, the highest Equity to Asset Ratio of Blackrock Muniassets Fund was 0.89. The lowest was 0.69. And the median was 0.87.

MUA's Equity-to-Asset is ranked worse than
62.02% of 1714 companies
in the Asset Management industry
Industry Median: 0.83 vs MUA: 0.71

Blackrock Muniassets Fund Equity-to-Asset Historical Data

The historical data trend for Blackrock Muniassets 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.

Blackrock Muniassets Fund Equity-to-Asset Chart

Blackrock Muniassets Fund Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial 0.87 0.86 0.89 0.69 0.70

Blackrock Muniassets Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.69 0.69 0.70 0.71

Competitive Comparison of Blackrock Muniassets Fund's Equity-to-Asset

For the Asset Management subindustry, Blackrock Muniassets 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.


Blackrock Muniassets Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Muniassets Fund's Equity-to-Asset falls into.



Blackrock Muniassets 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.

Blackrock Muniassets Fund's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=436.199/622.737
=0.70

Blackrock Muniassets Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=439.209/623.412
=0.70

* 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 Muniassets Fund  (NYSE:MUA) 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%.


Blackrock Muniassets Fund Equity-to-Asset Related Terms

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


Blackrock Muniassets Fund (Blackrock Muniassets Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniassets Fund Inc is a closed-end fund. Its objective is to provide high current income exempt from U.S. federal income taxes by investing in a portfolio of medium- to lower-grade or unrated municipal obligations.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
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
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Walter Oconnor 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
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
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
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Muniassets Fund (Blackrock Muniassets Fund) Headlines

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