BlackRock MuniYield Pennsylvania Quality Fund Balance Sheet Health
Financial Health criteria checks 1/6
BlackRock MuniYield Pennsylvania Quality Fund has a total shareholder equity of $170.5M and total debt of $89.9M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are $261.4M and $90.9M respectively. BlackRock MuniYield Pennsylvania Quality Fund's EBIT is $8.9M making its interest coverage ratio 2.3. It has cash and short-term investments of $11.4K.
Key information
52.8%
Debt to equity ratio
US$89.94m
Debt
Interest coverage ratio | 2.3x |
Cash | US$11.35k |
Equity | US$170.50m |
Total liabilities | US$90.88m |
Total assets | US$261.38m |
Recent financial health updates
No updates
Recent updates
BlackRock MuniYield Pennsylvania Quality Fund declares $0.034 dividend
Feb 03BlackRock MuniYield Pennsylvania Quality Fund cut monthly dividend by -22.7% to $0.034/share
Dec 09BlackRock MuniYield Pennsylvania Quality Fund declares $0.044 dividend
Nov 07BlackRock MuniYield Pennsylvania Quality Fund declares $0.055 dividend
Sep 02BlackRock MuniYield Pennsylvania Quality Fund declares $0.055 dividend
Aug 02BlackRock MuniYield Pennsylvania Quality Fund declares $0.055 dividend
Jul 05BlackRock MuniYield Pennsylvania Quality Fund declares $0.055 dividend
May 07BlackRock MuniYield Pennsylvania Quality Fund declares $0.055 dividend
Jan 05Financial Position Analysis
Short Term Liabilities: MPA's short term assets ($2.5M) do not cover its short term liabilities ($8.5M).
Long Term Liabilities: MPA's short term assets ($2.5M) do not cover its long term liabilities ($82.4M).
Debt to Equity History and Analysis
Debt Level: MPA's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: MPA's debt to equity ratio has reduced from 68.5% to 52.8% over the past 5 years.
Debt Coverage: MPA's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: MPA's interest payments on its debt are not well covered by EBIT (2.3x coverage).