BlackRock MIT II (BLE) - Net Assets
Based on the latest financial reports, BlackRock MIT II (BLE) has net assets worth $513.22 Million USD as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($881.46 Million) and total liabilities ($368.24 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 BLE tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $513.22 Million |
| % of Total Assets | 58.22% |
| Annual Growth Rate | -0.53% |
| 5-Year Change | -16.64% |
| 10-Year Change | 47.34% |
| Growth Volatility | 55.84 |
BlackRock MIT II - Net Assets Trend (2006–2025)
This chart illustrates how BlackRock MIT II's net assets have evolved over time, based on quarterly financial data. See BlackRock MIT II (BLE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BlackRock MIT II (2006–2025)
The table below shows the annual net assets of BlackRock MIT II from 2006 to 2025. For live valuation and market cap data, see how much is BlackRock MIT II worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $513.22 Million | -11.48% |
| 2024-07-31 | $579.77 Million | -0.66% |
| 2023-08-31 | $583.61 Million | 0.00% |
| 2023-07-31 | $583.61 Million | -5.20% |
| 2022-08-31 | $615.64 Million | 0.00% |
| 2022-07-31 | $615.64 Million | -48.62% |
| 2021-08-31 | $1.20 Billion | 0.00% |
| 2021-07-31 | $1.20 Billion | +244.00% |
| 2020-08-31 | $348.33 Million | 0.00% |
| 2020-07-31 | $348.33 Million | -38.67% |
| 2019-07-31 | $567.96 Million | +65.86% |
| 2018-07-31 | $342.44 Million | -4.05% |
| 2017-07-31 | $356.90 Million | -5.72% |
| 2016-07-31 | $378.57 Million | +5.79% |
| 2015-07-31 | $357.87 Million | -1.42% |
| 2014-07-31 | $363.04 Million | +16.24% |
| 2013-07-31 | $312.33 Million | -17.10% |
| 2012-07-31 | $376.77 Million | +15.68% |
| 2011-07-31 | $325.71 Million | -4.28% |
| 2010-07-31 | $340.27 Million | -29.26% |
| 2008-07-31 | $481.01 Million | -13.04% |
| 2007-07-31 | $553.17 Million | -2.65% |
| 2006-07-31 | $568.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock MIT II'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 decreased by 442.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $640.02 Million | 124.71% |
| Total Equity | $513.22 Million | 100.00% |
BlackRock MIT II Competitors by Market Cap
The table below lists competitors of BlackRock MIT II ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$503.15 Million |
|
Mnc Land Tbk
JK:KPIG
|
$503.21 Million |
|
Zhe Jiang Li Zi Yuan Food Co Ltd
SHG:605337
|
$503.48 Million |
|
BlackRock Health Sciences Trust
NYSE:BME
|
$503.65 Million |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
$502.87 Million |
|
Sinotherapeutics Inc. A
SHG:688247
|
$502.84 Million |
|
Comp SA
WAR:CMP
|
$502.82 Million |
|
Mercuries & Associates Holding Ltd
TW:2905
|
$502.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock MIT II's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 579,771,483 to 513,219,560, a change of -66,551,923 (-11.5%).
- Net loss of 35,815,699 reduced equity.
- Dividend payments of 33,125,231 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-35.82 Million | -6.98% |
| Dividends Paid | $33.13 Million | -6.45% |
| Other Changes | $2.39 Million | +0.47% |
| Total Change | $- | -11.48% |
Book Value vs Market Value Analysis
This analysis compares BlackRock MIT II'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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.72x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-07-31 | $14.63 | $10.54 | x |
| 2011-07-31 | $13.96 | $10.54 | x |
| 2012-07-31 | $16.10 | $10.54 | x |
| 2013-07-31 | $13.33 | $10.54 | x |
| 2014-07-31 | $15.48 | $10.54 | x |
| 2015-07-31 | $15.24 | $10.54 | x |
| 2016-07-31 | $16.13 | $10.54 | x |
| 2017-07-31 | $16.04 | $10.54 | x |
| 2018-07-31 | $15.01 | $10.54 | x |
| 2019-07-31 | $15.16 | $10.54 | x |
| 2020-07-31 | $14.79 | $10.54 | x |
| 2020-08-31 | $14.79 | $10.54 | x |
| 2021-07-31 | $15.18 | $10.54 | x |
| 2021-08-31 | $15.18 | $10.54 | x |
| 2022-07-31 | $12.61 | $10.54 | x |
| 2022-08-31 | $12.60 | $10.54 | x |
| 2023-07-31 | $12.09 | $10.54 | x |
| 2023-08-31 | $12.09 | $10.54 | x |
| 2024-07-31 | $12.15 | $10.54 | x |
| 2025-07-31 | $10.75 | $10.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock MIT II 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): -6.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -90.77%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.72x
- Recent ROE (-6.98%) is below the historical average (2.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.41% | 80.36% | 0.07x | 1.02x | $-26.08 Million |
| 2007 | 2.12% | 38.10% | 0.06x | 1.01x | $-43.61 Million |
| 2008 | -1.50% | -23.56% | 0.06x | 1.09x | $-55.33 Million |
| 2010 | 19.45% | 99.45% | 0.12x | 1.58x | $32.14 Million |
| 2011 | 2.52% | 95.32% | 0.02x | 1.61x | $-24.36 Million |
| 2012 | 19.59% | 99.68% | 0.12x | 1.65x | $36.14 Million |
| 2013 | -13.13% | 0.00% | -0.08x | 1.73x | $-72.23 Million |
| 2014 | 20.34% | 99.54% | 0.13x | 1.62x | $37.55 Million |
| 2015 | 4.79% | 97.89% | 0.03x | 1.63x | $-18.64 Million |
| 2016 | 11.16% | 99.17% | 0.07x | 1.61x | $4.40 Million |
| 2017 | -0.37% | 0.00% | 0.00x | 1.63x | $-37.03 Million |
| 2018 | 1.07% | 92.49% | 0.01x | 1.65x | $-30.59 Million |
| 2019 | 8.57% | 99.03% | 0.05x | 1.60x | $-5.12 Million |
| 2020 | 2.27% | 96.29% | 0.01x | 1.65x | $-26.93 Million |
| 2020 | 2.27% | 96.29% | 0.01x | 1.65x | $-26.93 Million |
| 2021 | 4.99% | 98.64% | 0.03x | 1.64x | $-37.03 Million |
| 2021 | 4.99% | 98.64% | 0.03x | 1.64x | $-37.03 Million |
| 2022 | -16.84% | -246.58% | 0.04x | 1.71x | $-165.26 Million |
| 2022 | -16.84% | -255.26% | 0.04x | 1.71x | $-165.27 Million |
| 2023 | -0.50% | 0.00% | 0.00x | 1.60x | $-61.31 Million |
| 2023 | -0.50% | 0.00% | 0.00x | 1.60x | $-61.31 Million |
| 2024 | 4.81% | 99.96% | 0.03x | 1.50x | $-30.12 Million |
| 2025 | -6.98% | -90.77% | 0.04x | 1.72x | $-87.14 Million |
Industry Comparison
This section compares BlackRock MIT II'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 MIT II (BLE) | $513.22 Million | 5.41% | 0.72x | $503.04 Million |
| 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 MIT II
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax. BlackRock Municipal I… Read more