BlackRock Long-Term Municipal Advantage Trust (BTA) — Net Asset Quality Index
BlackRock Long-Term Municipal Advantage Trust (BTA) has a Net Asset Quality Index of 60.3% as of July 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $211.64 Million minus total liabilities of $83.96 Million yields net assets of $127.68 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check BlackRock Long-Term Municipal Advantage liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
BlackRock Long-Term Municipal Advantage Trust Net Asset Quality Index Over Time (2006–2025)
This chart shows how BlackRock Long-Term Municipal Advantage Trust's Net Asset Quality Index has evolved across 19 annual periods from 2006 to 2025. As of July 2025, the index stands at 60.3%, representing net assets of $127.68 Million against total assets of $211.64 Million USD. See BlackRock Long-Term Municipal Advantage (BTA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for BlackRock Long-Term Municipal Advantage Trust (2006–2025)
The table below presents the year-by-year Net Asset Quality Index for BlackRock Long-Term Municipal Advantage Trust from 2006 to 2025, covering 19 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see BTA market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.3% | $127.68 Million | $211.64 Million | $83.96 Million | ▼ -1.9 pp |
| 2024 | 62.3% | $144.19 Million | $231.56 Million | $87.37 Million | ▲ +0.7 pp |
| 2023 | 61.6% | $139.29 Million | $226.06 Million | $86.77 Million | ▲ +5.0 pp |
| 2022 | 56.6% | $146.77 Million | $259.18 Million | $112.41 Million | ▼ -4.2 pp |
| 2021 | 60.8% | $178.75 Million | $293.96 Million | $115.21 Million | ▲ +4.2 pp |
| 2020 | 56.6% | $150.34 Million | $265.45 Million | $115.11 Million | ▼ -3.1 pp |
| 2019 | 59.8% | $167.43 Million | $280.10 Million | $112.67 Million | ▲ +1.7 pp |
| 2018 | 58.0% | $164.79 Million | $283.91 Million | $119.12 Million | ▼ -1.3 pp |
| 2017 | 59.4% | $164.80 Million | $277.60 Million | $112.80 Million | ▼ -1.6 pp |
| 2016 | 61.0% | $173.00 Million | $283.70 Million | $110.70 Million | ▼ -5.2 pp |
| 2015 | 66.2% | $167.90 Million | $253.80 Million | $85.90 Million | ▲ +2.0 pp |
| 2014 | 64.2% | $161.30 Million | $251.40 Million | $90.10 Million | ▲ +1.9 pp |
| 2013 | 62.2% | $172.40 Million | $277.00 Million | $104.60 Million | ▲ +0.7 pp |
| 2012 | 61.5% | $163.20 Million | $265.40 Million | $102.20 Million | ▲ +0.2 pp |
| 2011 | 61.3% | $140.50 Million | $229.30 Million | $88.80 Million | ▼ -0.4 pp |
| 2010 | 61.6% | $150.30 Million | $243.90 Million | $93.60 Million | ▲ +1.2 pp |
| 2009 | 60.5% | $127.10 Million | $210.20 Million | $83.10 Million | ▲ +1.7 pp |
| 2007 | 58.8% | $214.10 Million | $364.20 Million | $150.10 Million | ▲ +5.1 pp |
| 2006 | 53.7% | $203.30 Million | $378.80 Million | $175.50 Million | — |