BlackRock Core Bond Closed Fund (BHK) — Cash Flow Quality Index

Latest as of October 2023: 0.62x

BlackRock Core Bond Closed Fund (BHK) has a Cash Flow Quality Index of 0.62x as of October 2023. Operating cash flow of $17.80 Million is below net income of $28.76 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore BlackRock Core Bond Closed Fund cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.62x
Operating CF / Net Income

Operating Cash Flow

$17.80 Million
USD

Net Income

$28.76 Million
USD

Data as of

Oct 2023
Most recent filing

BlackRock Core Bond Closed Fund Cash Flow Quality Index (2006–2023)

Historical Cash Flow Quality Index for BlackRock Core Bond Closed Fund across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BHK operating cash flow.

Annual Cash Flow Quality Index for BlackRock Core Bond Closed Fund (2006–2023)

Year-by-year earnings quality comparison for BlackRock Core Bond Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 0.53x $29.03 Million $55.26 Million ▲ +103.5%
2021 -14.92x $-61.09 Million $4.09 Million ▼ -7419.1%
2020 0.20x $21.43 Million $105.13 Million ▼ -70.2%
2019 0.68x $91.55 Million $133.80 Million ▼ -57.7%
2017 1.62x $42.61 Million $26.37 Million ▲ +156.4%
2016 0.63x $61.32 Million $97.28 Million ▲ +105.6%
2015 -11.28x $-92.91 Million $8.24 Million ▼ -2312.4%
2014 0.51x $28.88 Million $56.67 Million ▲ +670.8%
2012 -0.09x $-5.44 Million $60.99 Million ▲ +98.2%
2007 -4.97x $-82.14 Million $16.54 Million ▼ -189.4%
2006 5.56x $116.50 Million $20.97 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.