BlackRock Long-Term Municipal Advantage Trust (BTA) — Cash Flow Quality Index
BlackRock Long-Term Municipal Advantage Trust (BTA) has a Cash Flow Quality Index of 9.29x as of January 2025. Operating cash flow of $1.06 Million exceeds net income of $114.22K, indicating high earnings quality where cash backs reported profits. Explore BlackRock Long-Term Municipal Advantage 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 Long-Term Municipal Advantage Trust Cash Flow Quality Index (2006–2024)
Historical Cash Flow Quality Index for BlackRock Long-Term Municipal Advantage Trust across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BlackRock Long-Term Municipal Advantage cash conversion from operations.
Annual Cash Flow Quality Index for BlackRock Long-Term Municipal Advantage Trust (2006–2024)
Year-by-year earnings quality comparison for BlackRock Long-Term Municipal Advantage Trust.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.00x | $11.87 Million | $11.93 Million | ▼ -33.1% |
| 2022 | 1.49x | $18.68 Million | $12.56 Million | ▲ +711.6% |
| 2021 | 0.18x | $6.71 Million | $36.58 Million | ▼ -78.7% |
| 2019 | 0.86x | $9.63 Million | $11.17 Million | ▲ +54.1% |
| 2018 | 0.56x | $4.94 Million | $8.83 Million | ▼ -89.3% |
| 2017 | 5.24x | $2.73 Million | $520.69K | ▲ +1122.4% |
| 2016 | -0.51x | $-7.41 Million | $14.46 Million | ▼ -160.3% |
| 2015 | 0.85x | $13.85 Million | $16.29 Million | ▲ +175.2% |
| 2013 | 0.31x | $5.90 Million | $19.10 Million | ▲ +1556.9% |
| 2012 | 0.02x | $610.00K | $32.72 Million | ▼ -71.7% |
| 2010 | 0.07x | $2.14 Million | $32.49 Million | ▼ -93.4% |
| 2006 | 1.00x | $14.24 Million | $14.24 Million | — |