BlackRock California Municipal Income Closed Fund (BFZ) — Financial Flexibility Index
BlackRock California Municipal Income Closed Fund (BFZ) has a Financial Flexibility Index of -0.07x as of July 2025. Free cash flow of $-20.49 Million (operating CF $-20.49 Million minus capex $0.00) represents 0% of total liabilities ($275.83 Million). Check cash flow reinvestment rate of BlackRock California Municipal Income Cl to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
BlackRock California Municipal Income Closed Fund Financial Flexibility Index (2007–2025)
Historical Financial Flexibility Index trend for BlackRock California Municipal Income Closed Fund across 16 annual periods. For the full cash flow conversion analysis, see BFZ cash flow conversion.
Annual Financial Flexibility Index for BlackRock California Municipal Income Closed Fund (2007–2025)
Year-by-year free cash flow to debt coverage for BlackRock California Municipal Income Closed Fund. Explore cash flow to debt ratio of BlackRock California Municipal Income Cl to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.04x | $-12.20 Million | $-12.20 Million | $275.83 Million | ▼ -152.9% |
| 2024 | 0.08x | $17.60 Million | $17.60 Million | $210.43 Million | ▼ -100.0% |
| 2023 | 325.89x | $88.17 Million | $88.17 Million | $270.55K | ▲ +135424.9% |
| 2022 | 0.24x | $65.79 Million | $65.79 Million | $273.58 Million | ▲ +320.7% |
| 2021 | 0.06x | $18.13 Million | $18.13 Million | $317.14 Million | ▼ -43.5% |
| 2020 | 0.10x | $32.05 Million | $32.05 Million | $316.79 Million | ▲ +52.9% |
| 2019 | 0.07x | $23.94 Million | $23.94 Million | $361.93 Million | ▼ -32.4% |
| 2018 | 0.10x | $34.33 Million | $34.33 Million | $350.94 Million | ▼ -9.8% |
| 2017 | 0.11x | $38.03 Million | $38.03 Million | $350.71 Million | ▲ +31.0% |
| 2016 | 0.08x | $30.21 Million | $30.21 Million | $364.90 Million | ▲ +230.6% |
| 2015 | -0.06x | $-21.27 Million | $-21.27 Million | $335.58 Million | ▼ -123.4% |
| 2014 | 0.27x | $81.60 Million | $81.60 Million | $300.91 Million | ▲ +176.4% |
| 2013 | 0.10x | $32.68 Million | $32.68 Million | $333.09 Million | ▼ -69.7% |
| 2009 | 0.32x | $19.04 Million | $19.04 Million | $58.71 Million | ▲ +969.8% |
| 2008 | -0.04x | $-1.21 Million | $-1.21 Million | $32.54 Million | ▼ -103.1% |
| 2007 | 1.22x | $2.14 Million | $2.14 Million | $1.75 Million | — |