BlackRock California Municipal Income Closed Fund (BFZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, BlackRock California Municipal Income Closed Fund (BFZ) has a cash flow conversion efficiency ratio of -0.060x as of July 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-20.49 Million) by net assets ($341.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BFZ defensive interval ratio to measure how many days the company can operate on defensive assets alone.
BlackRock California Municipal Income Closed Fund - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how BlackRock California Municipal Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data.
BlackRock California Municipal Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BlackRock California Municipal Income Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Novabase SGPS
LS:NBA
|
0.059x |
|
Integrated Diagnostics Holdings PLC
LSE:IDHC
|
0.051x |
|
Kamada
TA:KMDA
|
0.039x |
|
Aeris Resources Ltd
AU:AIS
|
0.215x |
|
Enanta Pharmaceuticals Inc
NASDAQ:ENTA
|
-0.061x |
|
Campine
BR:CAMB
|
0.436x |
|
Radiant Logistics Inc
NYSE MKT:RLGT
|
0.011x |
|
El Pollo Loco Holdings Inc
NASDAQ:LOCO
|
0.054x |
Annual Cash Flow Conversion Efficiency for BlackRock California Municipal Income Closed Fund (2007–2025)
The table below shows the annual cash flow conversion efficiency of BlackRock California Municipal Income Closed Fund from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see BlackRock California Municipal Income Cl stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-07-31 | $341.50 Million | $-12.20 Million | -0.036x | -178.45% |
| 2024-07-31 | $386.59 Million | $17.60 Million | 0.046x | -68.95% |
| 2023-07-31 | $601.47 Million | $88.17 Million | 0.147x | -7.03% |
| 2022-07-31 | $417.25 Million | $65.79 Million | 0.158x | +344.14% |
| 2021-07-31 | $510.66 Million | $18.13 Million | 0.036x | -44.57% |
| 2020-07-31 | $500.35 Million | $32.05 Million | 0.064x | +30.15% |
| 2019-07-31 | $486.59 Million | $23.94 Million | 0.049x | -32.27% |
| 2018-07-31 | $472.41 Million | $34.33 Million | 0.073x | -6.51% |
| 2017-07-31 | $489.33 Million | $38.03 Million | 0.078x | +34.11% |
| 2016-07-31 | $521.34 Million | $30.21 Million | 0.058x | +237.57% |
| 2015-07-31 | $504.97 Million | $-21.27 Million | -0.042x | -126.04% |
| 2014-07-31 | $504.53 Million | $81.60 Million | 0.162x | +128.82% |
| 2013-07-31 | $462.27 Million | $32.68 Million | 0.071x | -2.13% |
| 2009-07-31 | $263.56 Million | $19.04 Million | 0.072x | +1961.35% |
| 2008-07-31 | $312.62 Million | $-1.21 Million | -0.004x | -165.01% |
| 2007-07-31 | $357.93 Million | $2.14 Million | 0.006x | -- |
About BlackRock California Municipal Income Closed Fund
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes. BlackRock California Municipal Income Trust was formed on July 31, 2001 and i… Read more