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 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check cash flow quality index of BlackRock California Municipal Income Cl to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Yaxing Chem
SHG:600319
|
-0.091x |
|
Sappe Public Company Limited
BK:SAPPE
|
0.070x |
|
Xpro India Limited
NSE:XPROINDIA
|
-0.003x |
|
Spirox Corp
TW:3055
|
-0.005x |
|
Hangzhou SDIC Microelectronics Inc. A
SHG:688130
|
N/A |
|
Worldex Industry & Trading Co. Ltd
KQ:101160
|
-0.002x |
|
Chengdu Shengbang Seals Co.Ltd.
SHE:301233
|
0.020x |
|
Campine
BR:CAMB
|
0.436x |
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 market capitalisation.
| 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