BlackRock Long-Term Municipal Advantage Trust Financial Flexibility Index
BlackRock Long-Term Municipal Advantage Trust 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). See free cash flow generation of BlackRock Long-Term Municipal Advantage to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of BlackRock Long-Term Municipal Advantage Trust (2006–2025)
Financial flexibility index of BlackRock Long-Term Municipal Advantage Trust from 2006 to 2025. Historical Financial Flexibility Index trend for BlackRock Long-Term Municipal Advantage Trust across 19 annual periods. Check BlackRock Long-Term Municipal Advantage earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
BlackRock Long-Term Municipal Advantage Trust Financial Flexibility Index by Year (2006–2025)
BlackRock Long-Term Municipal Advantage Trust financial flexibility index by year from 2006 to 2025. Year-by-year free cash flow to debt coverage for BlackRock Long-Term Municipal Advantage Trust. For the full cash flow conversion analysis, see BTA operating cash flow.
| 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 | — |