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. See BlackRock Core Bond Closed Fund (BHK) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Allianz Ayudhya Capital Public Company Limited
BK:AYUD
|
0.091x |
|
Guangdong Delian Group Co Ltd
SHE:002666
|
0.063x |
|
Holtek Semiconductor Inc
TW:6202
|
0.034x |
|
Prime Energy PE Ltd
TA:PRIM
|
-0.084x |
|
Chongqing Yukaifa Co Ltd
SHE:000514
|
0.003x |
|
Temple & Webster Group Ltd
AU:TPW
|
0.227x |
|
Coremax Corp
TW:4739
|
-0.027x |
|
Jiangsu Hanvo Safety Product Co. Ltd.
SHE:300952
|
0.027x |
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. For the full company profile with market capitalisation and key ratios, see BlackRock Core Bond Closed Fund market cap and net worth.
| 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