Blackrock Municipal Target Term Closed Fund (BTT) — Financial Flexibility Index

Latest as of January 2026: 0.03x

Blackrock Municipal Target Term Closed Fund (BTT) has a Financial Flexibility Index of 0.03x as of January 2026. Free cash flow of $28.81 Million (operating CF $28.81 Million minus capex $0.00) represents 0% of total liabilities ($838.63 Million). Check strategic asset allocation of Blackrock Municipal Target Term Closed F to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$28.81 Million
Operating CF − Capex

Total Liabilities

$838.63 Million
USD

Capital Expenditures

$0.00
USD

Blackrock Municipal Target Term Closed Fund Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Blackrock Municipal Target Term Closed Fund across 13 annual periods. See Blackrock Municipal Target Term Closed F current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Blackrock Municipal Target Term Closed Fund (2013–2025)

Year-by-year free cash flow to debt coverage for Blackrock Municipal Target Term Closed Fund. For the full company profile including market capitalisation, see Blackrock Municipal Target Term Closed F (BTT) market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.07x $60.49 Million $60.49 Million $849.52 Million ▼ -56.7%
2024 0.16x $137.43 Million $137.43 Million $835.00 Million ▼ -99.7%
2023 49.50x $211.56 Million $211.56 Million $4.27 Million ▲ +87190.2%
2022 0.06x $58.58 Million $58.58 Million $1.03 Billion ▼ -99.5%
2021 10.92x $81.36 Million $81.36 Million $7.45 Million ▼ -0.9%
2020 11.02x $52.76 Million $52.76 Million $4.79 Million ▲ +15.7%
2019 9.53x $53.87 Million $53.87 Million $5.65 Million ▲ +57549.6%
2018 -0.02x $-17.11 Million $-17.11 Million $1.03 Billion ▼ -124.4%
2017 0.07x $67.37 Million $67.37 Million $992.07 Million ▼ -14.4%
2016 0.08x $81.53 Million $81.53 Million $1.03 Billion ▲ +10.4%
2015 0.07x $67.64 Million $67.64 Million $941.87 Million ▼ -60.5%
2014 0.18x $171.09 Million $171.09 Million $941.05 Million ▲ +106.6%
2013 -2.77x $-2.88 Billion $-2.88 Billion $1.04 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities