BlackRock Core Bond Closed Fund (BHK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, BlackRock Core Bond Closed Fund (BHK) has a cash flow conversion efficiency ratio of 0.030x as of October 2023. 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 ($17.80 Million) by net assets ($594.98 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see BlackRock Core Bond Closed Fund stock valuation for the company's overall valuation and market capitalisation.
BlackRock Core Bond Closed Fund - Cash Flow Conversion Efficiency Trend (2006–2023)
This chart illustrates how BlackRock Core Bond Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data.
BlackRock Core Bond Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BlackRock Core Bond Closed Fund ranked by their cash flow conversion efficiency. Explore BlackRock Core Bond Closed Fund cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Magic Design & Decoration Engineering Co Ltd
SHE:002856
|
3.139x |
|
ProCredit Holding AG & Co KGaA
XETRA:PCZ
|
-0.342x |
|
Beijing Succeeder Technology Inc
SHG:688338
|
0.008x |
|
VIP Industries Limited
NSE:VIPIND
|
0.136x |
|
Shenzhen Emperor Technology Co Ltd
SHE:300546
|
0.044x |
|
Wild Bunch AG
F:WBAH
|
-0.008x |
|
Xinjiang Tianshan Animal Husbandry Bio-engineering Co Ltd
SHE:300313
|
-0.906x |
|
SMO ClinPlus Co. Ltd.
SHE:301257
|
N/A |
Annual Cash Flow Conversion Efficiency for BlackRock Core Bond Closed Fund (2006–2023)
The table below shows the annual cash flow conversion efficiency of BlackRock Core Bond Closed Fund from 2006 to 2023. View BlackRock Core Bond Closed Fund stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | $594.98 Million | $29.03 Million | 0.049x | -63.87% |
| 2022-10-31 | $588.07 Million | $79.40 Million | 0.135x | +284.61% |
| 2021-10-31 | $835.31 Million | $-61.09 Million | -0.073x | -402.71% |
| 2020-10-31 | $886.97 Million | $21.43 Million | 0.024x | -10.95% |
| 2019-12-31 | $826.35 Million | $22.42 Million | 0.027x | -74.76% |
| 2019-10-31 | $851.65 Million | $91.55 Million | 0.107x | +373.90% |
| 2018-10-31 | $759.38 Million | $17.23 Million | 0.023x | -57.05% |
| 2017-10-31 | $806.85 Million | $42.61 Million | 0.053x | -29.16% |
| 2016-10-31 | $822.55 Million | $61.32 Million | 0.075x | +161.85% |
| 2015-10-31 | $770.82 Million | $-92.91 Million | -0.121x | -421.71% |
| 2014-10-31 | $770.82 Million | $28.88 Million | 0.037x | -19.00% |
| 2008-10-31 | $346.18 Million | $16.01 Million | 0.046x | +120.74% |
| 2007-10-31 | $368.34 Million | $-82.14 Million | -0.223x | -171.50% |
| 2006-10-31 | $373.52 Million | $116.50 Million | 0.312x | -- |
About BlackRock Core Bond Closed Fund
BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities. BlackRock Core Bond Trust was formed … Read more