BlackRock Core Bond Closed Fund Cash Flow Conversion Efficiency
BlackRock Core Bond Closed Fund 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.
Cash Flow Conversion Efficiency of BlackRock Core Bond Closed Fund (2006–2023)
Cash flow conversion efficiency of BlackRock Core Bond Closed Fund from 2006 to 2023. This chart illustrates how BlackRock Core Bond Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. View BHK live share price for real-time trading data and today's change.
BlackRock Core Bond Closed Fund Cash Flow Conversion Ratio Explained
BlackRock Core Bond 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 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. Also see how much is BlackRock Core Bond Closed Fund worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WIA Gold Ltd
AU:WIA
|
-0.004x |
|
Pilani Investment and Industries Corporation Limited
NSE:PILANIINVS
|
-0.020x |
|
Jiangsu Xiuqiang Glasswork Co
SHE:300160
|
0.030x |
|
Peet Ltd
AU:PPC
|
0.104x |
|
Beijing Tongyizhong New Material Technology Corp
SHG:688722
|
0.020x |
|
GULF KEYSTONE PETR.
F:GVP1
|
N/A |
|
Sichuan Zhongguang Lightning Protection Technologies Co Ltd
SHE:300414
|
0.005x |
|
National Research Corp
NASDAQ:NRC
|
0.212x |
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. Review how much free cash does BlackRock Core Bond Closed Fund 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 |
|---|---|---|---|---|
| 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