BlackRock Capital Allocation Trust (BCAT) — Cash Flow Quality Index
BlackRock Capital Allocation Trust (BCAT) has a Cash Flow Quality Index of 1.48x as of December 2025. Operating cash flow of $329.51 Million exceeds net income of $221.99 Million, indicating high earnings quality where cash backs reported profits. Explore BCAT cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
BlackRock Capital Allocation Trust Cash Flow Quality Index (2020–2025)
Historical Cash Flow Quality Index for BlackRock Capital Allocation Trust across 5 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BlackRock Capital Allocation Trust (BCAT) cash conversion ratio.
Annual Cash Flow Quality Index for BlackRock Capital Allocation Trust (2020–2025)
Year-by-year earnings quality comparison for BlackRock Capital Allocation Trust.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.48x | $329.51 Million | $221.99 Million | ▼ -18.7% |
| 2024 | 1.83x | $354.89 Million | $194.42 Million | ▲ +106.1% |
| 2023 | 0.89x | $181.33 Million | $204.72 Million | ▲ +118.2% |
| 2021 | -4.87x | $-591.17 Million | $121.29 Million | ▲ +70.8% |
| 2020 | -16.71x | $-2.15 Billion | $128.43 Million | — |