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

Latest as of July 2024: 1.07x

BlackRock Municipal Income Quality Closed Fund (BYM) has a Cash Flow Quality Index of 1.07x as of July 2024. Operating cash flow of $6.15 Million exceeds net income of $5.75 Million, indicating high earnings quality where cash backs reported profits. Explore BlackRock Municipal Income Quality Close cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.07x
Operating CF / Net Income

Operating Cash Flow

$6.15 Million
USD

Net Income

$5.75 Million
USD

Data as of

Jul 2024
Most recent filing

BlackRock Municipal Income Quality Closed Fund Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for BlackRock Municipal Income Quality Closed Fund across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see BlackRock Municipal Income Quality Close (BYM) cash conversion ratio.

Annual Cash Flow Quality Index for BlackRock Municipal Income Quality Closed Fund (2006–2024)

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

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 2.68x $34.87 Million $13.01 Million ▲ +137.3%
2021 1.13x $31.78 Million $28.15 Million ▲ +5.5%
2020 1.07x $12.01 Million $11.22 Million ▲ +370.1%
2019 0.23x $9.92 Million $43.58 Million ▼ -95.6%
2018 5.18x $7.36 Million $1.42 Million ▲ +1210.0%
2016 0.40x $19.33 Million $48.84 Million ▼ -63.4%
2015 1.08x $14.51 Million $13.42 Million ▲ +90.1%
2014 0.57x $45.29 Million $79.59 Million ▼ -43.1%
2008 1.00x $5.80 Million $5.80 Million ▲ +527.6%
2007 0.16x $1.47 Million $9.21 Million ▼ -78.1%
2006 0.73x $17.91 Million $24.66 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.