Blackrock Multi Sector Income Closed Fund (BIT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Blackrock Multi Sector Income Closed Fund (BIT) has a cash flow conversion efficiency ratio of 0.040x 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 ($20.80 Million) by net assets ($520.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Blackrock Multi Sector Income Closed Fund - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Blackrock Multi Sector Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Blackrock Multi Sector Income Closed Fun for a breakdown of total debt and financial obligations.
Blackrock Multi Sector Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Blackrock Multi Sector Income Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Join Buy Co Ltd
SHG:600838
|
0.003x |
|
STINGRAY GROUP INC.
F:317A
|
N/A |
|
GULF KEYSTONE PETR.
F:GVP1
|
N/A |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
0.051x |
|
Tecnon Fujian Commercial Lighting Co Ltd
SHE:300650
|
-0.186x |
|
Shanghai Sheng Jian Environment Technology Co Ltd
SHG:603324
|
-0.008x |
|
Zhejiang Zoenn Design Co Ltd
SHE:300901
|
0.050x |
|
POSCO M-TECH Co. Ltd
KQ:009520
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Blackrock Multi Sector Income Closed Fund (2013–2024)
The table below shows the annual cash flow conversion efficiency of Blackrock Multi Sector Income Closed Fund from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see BIT company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | $577.86 Million | $-30.72 Million | -0.053x | -155.06% |
| 2023-10-31 | $520.82 Million | $50.29 Million | 0.097x | -64.95% |
| 2022-10-31 | $552.55 Million | $152.23 Million | 0.276x | +809.87% |
| 2021-10-31 | $676.39 Million | $20.48 Million | 0.030x | -75.99% |
| 2020-10-31 | $662.85 Million | $83.59 Million | 0.126x | +49.59% |
| 2019-10-31 | $648.62 Million | $54.68 Million | 0.084x | -59.23% |
| 2018-10-31 | $710.83 Million | $146.98 Million | 0.207x | +278.38% |
| 2017-10-31 | $765.86 Million | $41.85 Million | 0.055x | -38.10% |
| 2016-10-31 | $726.38 Million | $64.13 Million | 0.088x | -73.35% |
| 2015-10-31 | $726.43 Million | $240.69 Million | 0.331x | +469.25% |
| 2014-10-31 | $763.40 Million | $-68.50 Million | -0.090x | +94.78% |
| 2013-10-31 | $727.90 Million | $-1.25 Billion | -1.719x | -- |
About Blackrock Multi Sector Income Closed Fund
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25,… Read more