BlackRock Limited Duration Income Trust Balance Sheet Health
Financial Health criteria checks 2/6
BlackRock Limited Duration Income Trust has a total shareholder equity of $503.8M and total debt of $276.2M, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are $819.2M and $315.4M respectively. BlackRock Limited Duration Income Trust's EBIT is $52.7M making its interest coverage ratio 3.9. It has cash and short-term investments of $1.8M.
Key information
54.8%
Debt to equity ratio
US$276.24m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$1.76m |
| Equity | US$503.77m |
| Total liabilities | US$315.42m |
| Total assets | US$819.19m |
Recent financial health updates
No updates
Recent updates
BLW: A Reasonable Choice For Today's Bond Market, But Watch Its NAV
Apr 25BLW: A Nice Compromise Holding For Your Debt Allocation, But Current Price Is Too High
Jan 08BLW: Leveraged High-Yield Bond CEF, Strong 10.4% Yield And Performance
Oct 23BLW: Silently Outperforming Due To Its Low Duration
Oct 06Blackrock's BLW: 8.4% Yield Likely Gets Chopped By 25% In 2023
Feb 08BlackRock Limited Duration Income Trust declares $0.0981 dividend
Jan 06BlackRock Limited Duration Income Trust goes ex-dividend on Monday
Nov 11BlackRock Limited Duration Income Trust declares $0.0981 dividend
Oct 06BLW: Impact Of Share Repurchase
Sep 20BlackRock Limited Duration Income Trust declares $0.0981 dividend
Sep 02BlackRock Limited Duration Income Trust declares $0.0981 dividend
Aug 05BLW: Strong Corporate Bond CEF, 8.8% Distribution Yield, 8.7% Discount, Low Duration
May 11BLW Vs. LDP: Comparing Low Duration CEFs
Jan 21BLW: Corporate Bond Fund, Strong 7.0% Distribution Yield, Market-Beating Returns, Low Duration
Jul 22BlackRock Limited Duration Income Trust declares $0.0981 dividend
May 07BlackRock Limited Duration Income Trust declares $0.0981 dividend
Dec 21BlackRock Limited Duration Income Trust declares $0.0981 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: BLW's short term assets ($23.1M) do not cover its short term liabilities ($315.4M).
Long Term Liabilities: BLW's short term assets ($23.1M) exceed its long term liabilities ($64.3K).
Debt to Equity History and Analysis
Debt Level: BLW's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: BLW's debt to equity ratio has increased from 33.5% to 54.8% over the past 5 years.
Debt Coverage: BLW's debt is not well covered by operating cash flow (14%).
Interest Coverage: BLW's interest payments on its debt are well covered by EBIT (3.9x coverage).