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 debt-free asset ratio of BlackRock Core Bond Closed Fund to measure how much of total assets are equity-financed.
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. Check BlackRock Core Bond Closed Fund earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TaiMed Biologics
TWO:4147
|
0.007x |
|
YCC CORP
KQ:232140
|
0.072x |
|
Shandong Lipeng Co Ltd
SHE:002374
|
0.035x |
|
Guangzhou Jiacheng
SHG:603535
|
0.033x |
|
Shanghai Shine-Link Intl
SHG:603648
|
0.085x |
|
Medigen Vaccine Biologics
TWO:6547
|
0.029x |
|
Hyosung Advanced Materials Corp
KO:298050
|
0.033x |
|
Jiangsu Phoenix Property Investment Co Ltd
SHG:600716
|
0.015x |
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 (BHK) market capitalisation.
| 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