BlackRock California Municipal Income Closed Fund Defensive Interval Ratio
BlackRock California Municipal Income Closed Fund defensive interval ratio. BlackRock California Municipal Income Closed Fund (BFZ) has a Defensive Interval Ratio of 21 days as of July 2025. Defensive assets of $15.65 Million (cash $-, short-term investments $7.62 Million, receivables $8.03 Million) cover 21 days of daily cash needs of $755.69K/day. See how liquid is BlackRock California Municipal Income Cl's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of BlackRock California Municipal Income Closed Fund (2013–2025)
Defensive interval ratio of BlackRock California Municipal Income Closed Fund from 2013 to 2025. This chart shows how BlackRock California Municipal Income Closed Fund's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of July 2025, the ratio stands at 21 days, meaning defensive assets of $15.65 Million can fund 21 days of operations without new revenue. Check financial resilience of BlackRock California Municipal Income Cl to evaluate the company's liquid asset resilience ratio.
BlackRock California Municipal Income Closed Fund Defensive Interval Ratio by Year (2013–2025)
BlackRock California Municipal Income Closed Fund defensive interval ratio by year from 2013 to 2025. The table below presents the year-by-year Defensive Interval Ratio for BlackRock California Municipal Income Closed Fund from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see BFZ asset base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 21 days | $15.65 Million | $755.69K/day | $- | $7.62 Million | ▼ -725 days |
| 2024 | 746 days | $11.73 Million | $15.73K/day | $- | $3.87 Million | ▼ -18697 days |
| 2023 | 19442 days | $14.41 Million | $741.22/day | $- | $3.03 Million | ▲ +19716 days |
| 2022 | -273 days | $-204.88 Million | $749.16K/day | $- | $-212.35 Million | ▼ -38690 days |
| 2021 | 38417 days | $145.41 Million | $3.79K/day | $- | $136.85 Million | ▲ +36065 days |
| 2020 | 2351 days | $9.24 Million | $3.93K/day | $- | $614.04K | ▲ +2166 days |
| 2019 | 186 days | $16.90 Million | $90.94K/day | $- | $0.00 | ▲ +508 days |
| 2018 | -322 days | $-309.93 Million | $961.49K/day | $- | $-332.79 Million | ▼ -833 days |
| 2017 | 511 days | $11.49 Million | $22.50K/day | $- | $252.22K | ▲ +479 days |
| 2016 | 32 days | $16.72 Million | $524.81K/day | $- | $3.77 Million | ▲ +19 days |
| 2015 | 13 days | $11.98 Million | $919.40K/day | $- | $0.00 | ▼ -18 days |
| 2014 | 31 days | $25.71 Million | $824.41K/day | $- | $- | ▲ +5 days |
| 2013 | 26 days | $11.74 Million | $443.27K/day | $- | $- | — |