BlackRock Long-Term Municipal Advantage Trust (BTA) — Financial Flexibility Index

Latest as of July 2025: 0.03x

BlackRock Long-Term Municipal Advantage Trust (BTA) has a Financial Flexibility Index of 0.03x as of July 2025. Free cash flow of $2.74 Million (operating CF $2.74 Million minus capex $0.00) represents 0% of total liabilities ($83.96 Million). Also explore BTA net assets growth trend to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.74 Million
Operating CF − Capex

Total Liabilities

$83.96 Million
USD

Capital Expenditures

$0.00
USD

BlackRock Long-Term Municipal Advantage Trust Financial Flexibility Index (2006–2025)

Historical Financial Flexibility Index trend for BlackRock Long-Term Municipal Advantage Trust across 19 annual periods. Check BTA capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for BlackRock Long-Term Municipal Advantage Trust (2006–2025)

Year-by-year free cash flow to debt coverage for BlackRock Long-Term Municipal Advantage Trust. For the full company profile including market capitalisation, see BTA market cap overview.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.06x $5.31 Million $5.31 Million $83.96 Million ▼ -53.5%
2024 0.14x $11.87 Million $11.87 Million $87.37 Million ▼ -54.5%
2023 0.30x $25.90 Million $25.90 Million $86.77 Million ▲ +111.7%
2022 0.14x $15.85 Million $15.85 Million $112.41 Million ▲ +142.3%
2021 0.06x $6.71 Million $6.71 Million $115.21 Million ▲ +11.4%
2020 0.05x $6.02 Million $6.02 Million $115.11 Million ▼ -38.9%
2019 0.09x $9.63 Million $9.63 Million $112.67 Million ▲ +106.0%
2018 0.04x $4.94 Million $4.94 Million $119.12 Million ▲ +71.6%
2017 0.02x $2.73 Million $2.73 Million $112.80 Million ▲ +136.1%
2016 -0.07x $-7.41 Million $-7.41 Million $110.70 Million ▼ -141.5%
2015 0.16x $13.85 Million $13.85 Million $85.90 Million ▼ -33.4%
2014 0.24x $21.81 Million $21.81 Million $90.10 Million ▲ +329.2%
2013 0.06x $5.90 Million $5.90 Million $104.60 Million ▲ +845.0%
2012 0.01x $610.00K $610.00K $102.20 Million ▼ -93.4%
2011 0.09x $8.05 Million $8.05 Million $88.80 Million ▲ +296.5%
2010 0.02x $2.14 Million $2.14 Million $93.60 Million ▼ -98.0%
2009 1.16x $96.56 Million $96.56 Million $83.10 Million ▲ +1961.6%
2007 0.06x $8.46 Million $8.46 Million $150.10 Million ▼ -30.5%
2006 0.08x $14.24 Million $14.24 Million $175.50 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities