BlackRock Capital Allocation Trust (BCAT) - Net Assets
Based on the latest financial reports, BlackRock Capital Allocation Trust (BCAT) has net assets worth $1.60 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.97 Billion) and total liabilities ($370.43 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BCAT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.60 Billion |
| % of Total Assets | 81.16% |
| Annual Growth Rate | -7.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.63 |
BlackRock Capital Allocation Trust - Net Assets Trend (2020–2025)
This chart illustrates how BlackRock Capital Allocation Trust's net assets have evolved over time, based on quarterly financial data. See BlackRock Capital Allocation Trust defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BlackRock Capital Allocation Trust (2020–2025)
The table below shows the annual net assets of BlackRock Capital Allocation Trust from 2020 to 2025. For live valuation and market cap data, see BlackRock Capital Allocation Trust (BCAT) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.60 Billion | -7.32% |
| 2024-12-31 | $1.72 Billion | -7.14% |
| 2023-12-31 | $1.85 Billion | +1.78% |
| 2022-12-31 | $1.82 Billion | -- |
| 2021-12-31 | $0.00 | -- |
| 2020-12-31 | $2.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Capital Allocation Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 59.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $186.24 Million | 11.67% |
| Common Stock | $1.41 Billion | 88.33% |
| Total Equity | $1.60 Billion | 100.00% |
BlackRock Capital Allocation Trust Competitors by Market Cap
The table below lists competitors of BlackRock Capital Allocation Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Opera Ltd
NASDAQ:OPRA
|
$1.63 Billion |
|
Develop Global Ltd
AU:DVP
|
$1.63 Billion |
|
Kirloskar Brothers Limited
NSE:KIRLOSBROS
|
$1.63 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
$1.63 Billion |
|
Innuovo Technology Co Ltd Class A
SHE:000795
|
$1.63 Billion |
|
Sanbo Hospital Management Group Ltd. A
SHE:301293
|
$1.63 Billion |
|
S-1 Corp
KO:012750
|
$1.63 Billion |
|
Rianlon Corp
SHE:300596
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Capital Allocation Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,721,260,401 to 1,595,292,372, a change of -125,968,029 (-7.3%).
- Net income of 221,994,837 contributed positively to equity growth.
- Dividend payments of 344,703,998 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $221.99 Million | +13.92% |
| Dividends Paid | $344.70 Million | -21.61% |
| Other Changes | $-3.26 Million | -0.2% |
| Total Change | $- | -7.32% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Capital Allocation Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.75x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $21.06 | $15.86 | x |
| 2021-12-31 | $0.00 | $15.86 | x |
| 2022-12-31 | $15.87 | $15.86 | x |
| 2023-12-31 | $16.15 | $15.86 | x |
| 2024-12-31 | $16.20 | $15.86 | x |
| 2025-12-31 | $15.02 | $15.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Capital Allocation Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 98.65%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.23x
- Recent ROE (13.92%) is above the historical average (4.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 5.46% | 99.90% | 0.05x | 1.02x | $-106.74 Million |
| 2021 | 0.00% | 97.81% | 0.16x | 0.00x | $121.29 Million |
| 2022 | -17.71% | 0.00% | -0.14x | 1.24x | $-504.66 Million |
| 2023 | 11.04% | 98.95% | 0.10x | 1.10x | $19.35 Million |
| 2024 | 11.30% | 98.35% | 0.10x | 1.12x | $22.29 Million |
| 2025 | 13.92% | 98.65% | 0.11x | 1.23x | $62.47 Million |
Industry Comparison
This section compares BlackRock Capital Allocation Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,830,051,427
- Average return on equity (ROE) among peers: -2.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Capital Allocation Trust (BCAT) | $1.60 Billion | 5.46% | 0.23x | $1.63 Billion |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $381.33 Million | 35.01% | 0.36x | $3.27 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $97.63 Million | -30.60% | 0.04x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-214.26K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $296.12 Million |
| Affiliated Managers Group Inc (AMG) | $4.30 Billion | 10.10% | 0.79x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $9.23 Billion | 14.45% | 14.66x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $3.92 Million | 36.60% | 15.42x | $40.58 Million |
About BlackRock Capital Allocation Trust
BlackRock Capital Allocation Trust operates in various business sectors.