BlackRock MuniYield Fund Balance Sheet Health
Financial Health criteria checks 1/6
BlackRock MuniYield Fund has a total shareholder equity of $561.0M and total debt of $302.5M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are $877.9M and $316.9M respectively. BlackRock MuniYield Fund's EBIT is $32.9M making its interest coverage ratio 2.9. It has cash and short-term investments of $7.9M.
Key information
53.9%
Debt to equity ratio
US$302.47m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$7.93m |
| Equity | US$561.04m |
| Total liabilities | US$316.86m |
| Total assets | US$877.91m |
Recent financial health updates
No updates
Recent updates
BlackRock MuniYield Fund declares $0.0405 dividend
Feb 03BlackRock MuniYield Fund declares $0.0405 dividend
Dec 12BlackRock MuniYield Fund declares $0.0405 dividend
Nov 07BlackRock MuniYield Fund declines dividend by 21.4% to $0.0405
Oct 06BlackRock MuniYield Fund declares $0.0515 dividend
Sep 02BlackRock MuniYield Fund declares $0.0515 dividend
Aug 02BlackRock MuniYield Fund declares $0.0515 dividend
Jul 05BlackRock MuniYield Fund declares $0.056 dividend
Jun 02BlackRock MuniYield Fund declares $0.056 dividend
Jan 05BlackRock MuniYield Fund declares $0.056 dividend
Dec 04Financial Position Analysis
Short Term Liabilities: MYD's short term assets ($21.4M) do not cover its short term liabilities ($65.7M).
Long Term Liabilities: MYD's short term assets ($21.4M) do not cover its long term liabilities ($251.1M).
Debt to Equity History and Analysis
Debt Level: MYD's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: MYD's debt to equity ratio has reduced from 56.8% to 53.9% over the past 5 years.
Debt Coverage: MYD's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: MYD's interest payments on its debt are not well covered by EBIT (2.9x coverage).