BlackRock California Municipal Income Closed Fund Cash Flow Conversion Efficiency
BlackRock California Municipal Income Closed Fund 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.
Cash Flow Conversion Efficiency of BlackRock California Municipal Income Closed Fund (2007–2025)
Cash flow conversion efficiency of BlackRock California Municipal Income Closed Fund from 2007 to 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. View BlackRock California Municipal Income Cl (BFZ) share price today for real-time trading data and today's change.
BlackRock California Municipal Income Closed Fund Cash Flow Conversion Ratio Explained
BlackRock California Municipal Income Closed Fund cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see BFZ market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BayCom Corp
NASDAQ:BCML
|
0.015x |
|
Vox Royalty Corp.
TO:VOXR
|
0.031x |
|
Firma Oponiarska DĘBICA SA
WAR:DBC
|
0.069x |
|
Goody Science & Technology Co Ltd
SHE:002694
|
0.014x |
|
NL Industries Inc
NYSE:NL
|
0.019x |
|
Stitch Fix
NASDAQ:SFIX
|
0.058x |
|
Radiant Logistics Inc
NYSE MKT:RLGT
|
0.011x |
|
Kec Corporation
KO:092220
|
-0.006x |
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. Review how much free cash does BlackRock California Municipal Income Cl generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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