BlackRock California Municipal Income Closed Fund (BFZ) — Cash Flow Quality Index

Latest as of January 2025: 23.38x

BlackRock California Municipal Income Closed Fund (BFZ) has a Cash Flow Quality Index of 23.38x as of January 2025. Operating cash flow of $6.59 Million exceeds net income of $281.86K, indicating high earnings quality where cash backs reported profits. Explore BlackRock California Municipal Income Cl (BFZ) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

23.38x
Operating CF / Net Income

Operating Cash Flow

$6.59 Million
USD

Net Income

$281.86K
USD

Data as of

Jan 2025
Most recent filing

BlackRock California Municipal Income Closed Fund Cash Flow Quality Index (2007–2024)

Historical Cash Flow Quality Index for BlackRock California Municipal Income Closed Fund across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does BlackRock California Municipal Income Cl generate cash.

Annual Cash Flow Quality Index for BlackRock California Municipal Income Closed Fund (2007–2024)

Year-by-year earnings quality comparison for BlackRock California Municipal Income Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.47x $17.60 Million $12.01 Million ▼ -99.2%
2023 180.17x $88.17 Million $489.36K ▲ +27936.9%
2021 0.64x $18.13 Million $28.21 Million ▼ -33.4%
2020 0.96x $32.05 Million $33.23 Million ▲ +48.1%
2019 0.65x $23.94 Million $36.78 Million ▼ -91.6%
2018 7.71x $34.33 Million $4.45 Million ▲ +1006.3%
2016 0.70x $30.21 Million $43.37 Million ▲ +191.9%
2015 -0.76x $-21.27 Million $28.05 Million ▼ -166.7%
2014 1.14x $81.60 Million $71.80 Million ▲ +257.7%
2007 0.32x $2.14 Million $6.72 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.