BlackRock Municipal Income Quality Trust

NYSE:BYM Stock Report

Mkt Cap: US$293.6m

BlackRock Municipal Income Quality Trust Balance Sheet Health

Financial Health criteria checks 2/6

BlackRock Municipal Income Quality Trust has a total shareholder equity of $333.8M and total debt of $177.4M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are $518.1M and $184.3M respectively.

Key information

53.2%

Debt to equity ratio

US$177.45m

Debt

Interest coverage ratio2.8x
Cashn/a
EquityUS$333.82m
Total liabilitiesUS$184.28m
Total assetsUS$518.10m

Recent financial health updates

No updates

Financial Position Analysis

Short Term Liabilities: BYM's short term assets ($5.2M) do not cover its short term liabilities ($47.1M).

Long Term Liabilities: BYM's short term assets ($5.2M) do not cover its long term liabilities ($137.2M).


Debt to Equity History and Analysis

Debt Level: BYM's net debt to equity ratio (53.2%) is considered high.

Reducing Debt: BYM's debt to equity ratio has reduced from 64.1% to 53.2% over the past 5 years.

Debt Coverage: BYM's debt is well covered by operating cash flow (35.2%).

Interest Coverage: BYM's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet