BlackRock Long-Term Municipal Advantage Trust (BTA) — Defensive Interval Ratio
BlackRock Long-Term Municipal Advantage Trust (BTA) has a Defensive Interval Ratio of 25 days as of July 2025. Defensive assets of $5.66 Million (cash $-, short-term investments $3.12 Million, receivables $2.54 Million) cover 25 days of daily cash needs of $230.01K/day. Check tangible net worth ratio of BlackRock Long-Term Municipal Advantage to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BlackRock Long-Term Municipal Advantage Trust Defensive Interval Ratio (2006–2025)
This chart shows how BlackRock Long-Term Municipal Advantage Trust's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of July 2025, the ratio stands at 25 days, meaning defensive assets of $5.66 Million can fund 25 days of operations without new revenue. Also explore BTA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for BlackRock Long-Term Municipal Advantage Trust (2006–2025)
The table below presents the year-by-year Defensive Interval Ratio for BlackRock Long-Term Municipal Advantage Trust from 2006 to 2025, covering 20 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 live market cap and the full company financial profile, see market value of BlackRock Long-Term Municipal Advantage .
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 25 days | $5.66 Million | $230.01K/day | $- | $3.12 Million | ▼ -296 days |
| 2024 | 321 days | $5.41 Million | $16.88K/day | $- | $3.17 Million | ▲ +311 days |
| 2023 | 10 days | $2.31 Million | $237.73K/day | $- | $- | ▼ -6 days |
| 2022 | 16 days | $4.96 Million | $307.97K/day | $- | $- | ▲ +161 days |
| 2022 | -145 days | $-44.64 Million | $307.97K/day | $657.00K | $-50.27 Million | ▲ +33542 days |
| 2021 | -33687 days | $-63.55 Million | $1.89K/day | $231.00K | $-67.71 Million | ▼ -33505 days |
| 2020 | -182 days | $-57.45 Million | $315.36K/day | $- | $-63.01 Million | ▲ +71 days |
| 2019 | -253 days | $-78.03 Million | $308.68K/day | $227.60K | $-82.79 Million | ▼ -275 days |
| 2018 | 22 days | $7.20 Million | $326.36K/day | $102.60K | $2.37 Million | ▼ -18555 days |
| 2017 | 18577 days | $5.09 Million | $273.97/day | $489.60K | $0.00 | ▼ -14638 days |
| 2016 | 33215 days | $9.10 Million | $273.97/day | $- | $0.00 | ▲ +31938 days |
| 2015 | 1278 days | $3.50 Million | $2.74K/day | $- | $0.00 | ▲ +0 days |
| 2014 | 1278 days | $3.50 Million | $2.74K/day | $- | $- | ▲ +803 days |
| 2013 | 475 days | $3.90 Million | $8.22K/day | $- | $- | ▲ +178 days |
| 2012 | 296 days | $4.30 Million | $14.52K/day | $- | $- | ▼ -2320 days |
| 2011 | 2616 days | $8.60 Million | $3.29K/day | $- | $- | ▲ +2211 days |
| 2010 | 404 days | $8.20 Million | $20.27K/day | $- | $- | ▼ -76 days |
| 2009 | 480 days | $5.00 Million | $10.41K/day | $- | $- | ▼ -169 days |
| 2007 | 649 days | $9.60 Million | $14.79K/day | $- | $- | ▲ +638 days |
| 2006 | 11 days | $5.30 Million | $480.27K/day | $- | $- | — |