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Blackrock Enhanced International Dividend Trust (Blackrock Enhanced International Dividend Trust) Return-on-Tangible-Equity : 5.16% (As of Dec. 2023)


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What is Blackrock Enhanced International Dividend Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackrock Enhanced International Dividend Trust's annualized net income for the quarter that ended in Dec. 2023 was $32.36 Mil. Blackrock Enhanced International Dividend Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $627.46 Mil. Therefore, Blackrock Enhanced International Dividend Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 5.16%.

The historical rank and industry rank for Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity or its related term are showing as below:

BGY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.1   Med: 10.8   Max: 17.52
Current: 13.52

During the past 7 years, Blackrock Enhanced International Dividend Trust's highest Return-on-Tangible-Equity was 17.52%. The lowest was -13.10%. And the median was 10.80%.

BGY's Return-on-Tangible-Equity is ranked better than
76.41% of 1679 companies
in the Asset Management industry
Industry Median: 5.09 vs BGY: 13.52

Blackrock Enhanced International Dividend Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity 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 Enhanced International Dividend Trust Return-on-Tangible-Equity Chart

Blackrock Enhanced International Dividend Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 17.52 6.44 10.80 -10.23 13.70

Blackrock Enhanced International Dividend Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 -29.33 9.69 21.90 5.16

Competitive Comparison of Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Enhanced International Dividend Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blackrock Enhanced International Dividend Trust's Return-on-Tangible-Equity falls into.



Blackrock Enhanced International Dividend Trust Return-on-Tangible-Equity Calculation

Blackrock Enhanced International Dividend Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=83.312/( (593.471+622.482 )/ 2 )
=83.312/607.9765
=13.70 %

Blackrock Enhanced International Dividend Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=32.36/( (632.447+622.482)/ 2 )
=32.36/627.4645
=5.16 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Blackrock Enhanced International Dividend Trust  (NYSE:BGY) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Blackrock Enhanced International Dividend Trust Return-on-Tangible-Equity Related Terms

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Blackrock Enhanced International Dividend Trust (Blackrock Enhanced International Dividend Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Enhanced International Dividend Trust has an investment objective to provide current income and current gains, with a secondary objective of long-term capital appreciation. The Trust seeks to achieve its objectives by investing in equity securities of companies engaged in the energy and natural resources business and equity derivatives with exposure to the energy and natural resources industry.
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
Rosalind Alice Edwards other: Portfolio Manager 50 HUDSON YARDS, NEW YORK NY 10001
Molly Greenen 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
Olivia Treharne other: Portfolio Manager DRAPERS GARDENS, 12 THROGMORTON AVENUE, LONDON X0 EC2N2DLL09
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Andrew Wheatley-hubbard other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809