BlackRock MuniVest Fund Balance Sheet Health
Financial Health criteria checks 3/6
BlackRock MuniVest Fund has a total shareholder equity of $509.8M and total debt of $231.0M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are $745.2M and $235.4M respectively.
Key information
45.3%
Debt to equity ratio
US$230.98m
Debt
| Interest coverage ratio | 2.4x |
| Cash | n/a |
| Equity | US$509.82m |
| Total liabilities | US$235.37m |
| Total assets | US$745.19m |
Recent financial health updates
No updates
Recent updates
BlackRock MuniVest Fund declares $0.021 dividend
Feb 03BlackRock MuniVest Fund declares $0.021 dividend
Jan 06BlackRock MuniVest Fund decreases dividend by 20.8%
Dec 12BlackRock MuniVest Fund declares $0.0265 dividend
Nov 07BlackRock MuniVest Fund declines dividend by 20.9% to $0.0265
Oct 06BlackRock MuniVest Fund declares $0.0335 dividend
Sep 02BlackRock MuniVest Fund declares $0.0335 dividend
Aug 02BlackRock MuniVest Fund declares $0.0335 dividend
Jul 05BlackRock MuniVest Fund declares $0.033 dividend
May 07BlackRock MuniVest Fund declares $0.0335 dividend
Feb 04BlackRock MuniVest Fund declares $0.0335 dividend
Jan 05BlackRock MuniVest Fund declares $0.0335 dividend
Dec 04Financial Position Analysis
Short Term Liabilities: MVF's short term assets ($6.8M) exceed its short term liabilities ($4.4M).
Long Term Liabilities: MVF's short term assets ($6.8M) do not cover its long term liabilities ($231.0M).
Debt to Equity History and Analysis
Debt Level: MVF's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: MVF's debt to equity ratio has reduced from 57.4% to 45.3% over the past 5 years.
Debt Coverage: MVF's debt is well covered by operating cash flow (31.7%).
Interest Coverage: MVF's interest payments on its debt are not well covered by EBIT (2.4x coverage).