BlackRock Investment Quality Municipal Closed Fund (BKN) — Cash Flow Quality Index

Latest as of July 2024: 1.31x

BlackRock Investment Quality Municipal Closed Fund (BKN) has a Cash Flow Quality Index of 1.31x as of July 2024. Operating cash flow of $3.04 Million exceeds net income of $2.32 Million, indicating high earnings quality where cash backs reported profits. Explore BKN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.31x
Operating CF / Net Income

Operating Cash Flow

$3.04 Million
USD

Net Income

$2.32 Million
USD

Data as of

Jul 2024
Most recent filing

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

Historical Cash Flow Quality Index for BlackRock Investment Quality Municipal Closed Fund across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BlackRock Investment Quality Municipal C (BKN) cash flow conversion.

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

Year-by-year earnings quality comparison for BlackRock Investment Quality Municipal Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 5.64x $42.22 Million $7.49 Million ▲ +1542.2%
2021 0.34x $15.37 Million $44.78 Million ▲ +597.7%
2019 0.05x $999.67K $20.32 Million ▼ -88.4%
2018 0.42x $5.47 Million $12.92 Million ▼ -7.2%
2016 0.46x $12.92 Million $28.30 Million ▲ +3.8%
2015 0.44x $12.83 Million $29.20 Million ▲ +270.9%
2013 0.12x $3.95 Million $33.34 Million ▼ -87.8%
2009 0.97x $23.36 Million $24.14 Million ▲ +684.4%
2007 -0.17x $-755.29K $4.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.