BlackRock Long-Term Municipal Advantage Trust (BTA) — Financial Flexibility Index
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). Check cash flow reinvestment rate of BlackRock Long-Term Municipal Advantage to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
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. For the full cash flow conversion analysis, see BTA operating cash flow.
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. Explore BTA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.06x | $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 | — |