BlackRock Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
BlackRock Income Trust has a total shareholder equity of $271.3M and total debt of $111.8M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are $428.7M and $157.4M respectively.
Key information
41.2%
Debt to equity ratio
US$111.76m
Debt
| Interest coverage ratio | 2.1x |
| Cash | n/a |
| Equity | US$271.33m |
| Total liabilities | US$157.42m |
| Total assets | US$428.75m |
Recent financial health updates
No updates
Recent updates
BKT: Understand What You Are Buying, MBS Will Likely Deliver
Apr 03BKT: Vulnerable To A Correction And Distribution Cut (Rating Downgrade)
Jan 22BKT: Sell Before The Distribution Is Cut
Nov 08BKT: Harnessing The Power Of Agency-Backed Mortgages For Reliable Returns
Oct 12BKT: Risks Remain Elevated (Rating Downgrade)
Oct 01BKT: A Conservative Bond Fund For Income
Aug 11BKT: It Is Time To Buy Agency MBS Bonds
May 28BKT: A Bond Fund With An 8% Yield And Attractive Valuation
Dec 07BlackRock Income Trust goes ex-dividend on Monday
Nov 11BlackRock Income Trust declares $0.0294 dividend
Oct 06BKT: MBS Bonds Will Continue To Be Under Pressure
Sep 08BlackRock Income Trust declares $0.0294 dividend
Sep 02BlackRock Income Trust declares $0.0294 dividend
Aug 02BlackRock Income Trust declares $0.0294 dividend
Jul 05BlackRock Income Trust: We Are Not There Yet
Jun 03BKT: What A Difference Two Months Can Make
Jan 27BKT: Moving From Bearish To Neutral After The Fed
Nov 05BKT: Leveraged Agency MBS CEF, Unsustainable Distribution
Oct 19BKT - Leveraged MBS Fund With A 6.5% Yield
Sep 22BKT: A Few Reasons I'm Not Buying Here
Jul 15BlackRock Income Trust declares $0.0344 dividend
May 07BlackRock Income Trust declares $0.0344 dividend
Dec 21BKT: Agency Mortgage-Backed Securities Remain One Of My Core Equity Hedges
Dec 11BlackRock Income Trust declares $0.0344 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: BKT's short term assets ($5.5M) do not cover its short term liabilities ($154.6M).
Long Term Liabilities: BKT's short term assets ($5.5M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: BKT's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: BKT's debt to equity ratio has reduced from 47.1% to 41.2% over the past 5 years.
Debt Coverage: BKT's debt is well covered by operating cash flow (23.9%).
Interest Coverage: BKT's interest payments on its debt are not well covered by EBIT (2.1x coverage).