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Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Net Current Asset Value : $0.00 (As of Jan. 2024)


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What is Blackrock Long-term Municipal AdtgTrust Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Blackrock Long-term Municipal AdtgTrust's net current asset value per share for the quarter that ended in Jan. 2024 was $0.00.

The historical rank and industry rank for Blackrock Long-term Municipal AdtgTrust's Net Current Asset Value or its related term are showing as below:

BTA's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.355
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Blackrock Long-term Municipal AdtgTrust Net Current Asset Value Historical Data

The historical data trend for Blackrock Long-term Municipal AdtgTrust's Net Current Asset 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 Net Current Asset Value Chart

Blackrock Long-term Municipal AdtgTrust Annual Data
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Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
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Competitive Comparison of Blackrock Long-term Municipal AdtgTrust's Net Current Asset Value

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

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

* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Price-to-Net-Current-Asset-Value falls into.



Blackrock Long-term Municipal AdtgTrust Net Current Asset Value Calculation

Blackrock Long-term Municipal AdtgTrust's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(A: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-86.771-0-0)/13.4399
=N/A

Blackrock Long-term Municipal AdtgTrust's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-84.463-0-0)/13.4399
=N/A

* 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) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Blackrock Long-term Municipal AdtgTrust Net Current Asset 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