BlackRock Technology and Private Equity Term Trust
BlackRock Technology and Private Equity Term Trust is a mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. BlackRock Technology and Private Equity Term Trust is domiciled in the United States.
BlackRock Technology and Private Equity Term Trust (BTX) - Net Assets
Latest net assets as of June 2025: $1.61 Billion USD
Based on the latest financial reports, BlackRock Technology and Private Equity Term Trust (BTX) has net assets worth $1.61 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.64 Billion) and total liabilities ($28.59 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.61 Billion |
| % of Total Assets | 98.26% |
| Annual Growth Rate | 35.05% |
| 5-Year Change | 23205.41% |
| 10-Year Change | 2234.9% |
| Growth Volatility | 12191.5 |
BlackRock Technology and Private Equity Term Trust - Net Assets Trend (2000–2024)
This chart illustrates how BlackRock Technology and Private Equity Term Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BlackRock Technology and Private Equity Term Trust (2000–2024)
The table below shows the annual net assets of BlackRock Technology and Private Equity Term Trust from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.78 Billion | -11.92% |
| 2023-12-31 | $2.03 Billion | 0.00% |
| 2022-12-31 | $2.03 Billion | -49.10% |
| 2021-12-31 | $3.98 Billion | +51886.58% |
| 2020-12-31 | $7.66 Million | +50.44% |
| 2019-12-31 | $5.09 Million | -94.48% |
| 2018-12-31 | $92.25 Million | +1566.29% |
| 2017-12-31 | $5.54 Million | +36.09% |
| 2016-12-31 | $4.07 Million | -94.68% |
| 2015-12-31 | $76.45 Million | +21.88% |
| 2014-12-31 | $62.72 Million | +48.41% |
| 2013-12-31 | $42.26 Million | +73.96% |
| 2012-12-31 | $24.29 Million | -41.40% |
| 2011-12-31 | $41.46 Million | -16.12% |
| 2010-12-31 | $49.43 Million | +347.42% |
| 2009-12-31 | $11.05 Million | +354.13% |
| 2008-12-31 | $-4.35 Million | -42.71% |
| 2007-12-31 | $-3.05 Million | -63.32% |
| 2006-12-31 | $-1.86 Million | -846.70% |
| 2005-12-31 | $-197.00K | -157.10% |
| 2004-12-31 | $345.00K | +114.19% |
| 2003-12-31 | $-2.43 Million | -107.60% |
| 2002-12-31 | $-1.17 Million | -1082.83% |
| 2001-12-31 | $-99.00K | -107.52% |
| 2000-12-31 | $1.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Technology and Private Equity Term 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 decreased by 193857900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.72 Billion | 208.61% |
| Total Equity | $1.78 Billion | 100.00% |
BlackRock Technology and Private Equity Term Trust Competitors by Market Cap
The table below lists competitors of BlackRock Technology and Private Equity Term Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grand Industrial Holding Co Ltd
SHE:000626
|
$221.00 Million |
|
2CRSI S.A.
PA:AL2SI
|
$221.00 Million |
|
PYCXF
PINK:PYCXF
|
$221.01 Million |
|
Larvotto Resources Ltd
AU:LRV
|
$221.07 Million |
|
Beijing HuaYuanYiTong Thermal Technology Co Ltd
SHE:002893
|
$220.99 Million |
|
Sizzle Acquisition Corp. II - Class A ordinary shares
NASDAQ:SZZL
|
$220.99 Million |
|
PARKEN Sport & Entertainment
CO:PARKEN
|
$220.98 Million |
|
Morningstar Japan K.K
F:MJP
|
$220.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Technology and Private Equity Term Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,026,469,838 to 1,784,961,000, a change of -241,508,838 (-11.9%).
- Net income of 35,705,000 contributed positively to equity growth.
- Dividend payments of 184,726,000 reduced retained earnings.
- Share repurchases of 92,488,000 reduced equity.
- Other comprehensive income increased equity by 1,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.70 Million | +2.0% |
| Dividends Paid | $184.73 Million | -10.35% |
| Share Repurchases | $92.49 Million | -5.18% |
| Other Comprehensive Income | $1.00K | +0.0% |
| Other Changes | $-838.00 | -0.0% |
| Total Change | $- | -11.92% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Technology and Private Equity Term 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: 0.78x
- 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 0.09x to 0.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $70.83 | $6.49 | x |
| 2020-12-31 | $17.42 | $6.49 | x |
| 2021-12-31 | $16.03 | $6.49 | x |
| 2022-12-31 | $8.45 | $6.49 | x |
| 2023-12-31 | $9.39 | $6.49 | x |
| 2024-12-31 | $8.27 | $6.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Technology and Private Equity Term 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): 2.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 87.75%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.01x
- Recent ROE (2.00%) is above the historical average (-28.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 0.10x | 1.60x | $-2.86 Million |
| 2012 | 0.00% | 0.00% | 0.13x | 3.10x | $-958.50K |
| 2013 | 0.00% | 0.00% | 0.08x | 3.90x | $-1.48 Million |
| 2014 | -99.88% | -694.49% | 0.07x | 2.05x | $-40.06 Million |
| 2015 | -182.02% | -667.87% | 0.07x | 3.67x | $-49.57 Million |
| 2016 | -71.85% | -13.10% | 1.34x | 4.10x | $-3.33 Million |
| 2017 | -19.45% | -5.06% | 1.28x | 2.99x | $-1.63 Million |
| 2018 | -49.01% | -922.01% | 0.05x | 1.08x | $-55.37 Million |
| 2019 | -40.21% | -10.34% | 1.30x | 3.00x | $-2.56 Million |
| 2020 | 155.45% | 205275862.07% | 0.00x | 1.69x | $11.14 Million |
| 2021 | -16.09% | 0.00% | -0.16x | 1.01x | $-1.04 Billion |
| 2022 | -81.73% | 0.00% | -0.80x | 1.01x | $-1.86 Billion |
| 2023 | 10.44% | 98.14% | 0.10x | 1.02x | $8.92 Million |
| 2024 | 2.00% | 87.75% | 0.02x | 1.01x | $-142.79 Million |
Industry Comparison
This section compares BlackRock Technology and Private Equity Term Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Technology and Private Equity Term Trust (BTX) | $1.61 Billion | 0.00% | 0.02x | $221.00 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |