BlackRock Credit Allocation Income Trust (BTZ) - Net Assets
Based on the latest financial reports, BlackRock Credit Allocation Income Trust (BTZ) has net assets worth $1.06 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 ($1.83 Billion) and total liabilities ($768.30 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 BlackRock Credit Allocation Income Trust liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.06 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | -2.33% |
| 5-Year Change | -28.38% |
| 10-Year Change | -32.12% |
| Growth Volatility | 31.76 |
BlackRock Credit Allocation Income Trust - Net Assets Trend (2007–2024)
This chart illustrates how BlackRock Credit Allocation Income Trust's net assets have evolved over time, based on quarterly financial data. Also explore BlackRock Credit Allocation Income Trust (BTZ) total assets for the complete picture of this company's asset base.
Annual Net Assets for BlackRock Credit Allocation Income Trust (2007–2024)
The table below shows the annual net assets of BlackRock Credit Allocation Income Trust from 2007 to 2024. For live valuation and market cap data, see BlackRock Credit Allocation Income Trust stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.05 Billion | -2.83% |
| 2023-12-31 | $1.08 Billion | +3.46% |
| 2022-12-31 | $1.05 Billion | -25.94% |
| 2021-12-31 | $1.41 Billion | -3.81% |
| 2020-12-31 | $1.47 Billion | -5.36% |
| 2019-12-31 | $1.55 Billion | +7.73% |
| 2018-12-31 | $1.44 Billion | -9.89% |
| 2017-12-31 | $1.60 Billion | +1.19% |
| 2016-12-31 | $1.58 Billion | +1.94% |
| 2015-12-31 | $1.55 Billion | -5.84% |
| 2014-12-31 | $1.65 Billion | +1.57% |
| 2013-12-31 | $1.62 Billion | +103.27% |
| 2012-12-31 | $796.84 Million | +2.20% |
| 2008-12-31 | $779.71 Million | -50.36% |
| 2007-12-31 | $1.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Credit Allocation Income 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 1497633300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.16 Billion | 110.71% |
| Total Equity | $1.05 Billion | 100.00% |
BlackRock Credit Allocation Income Trust Competitors by Market Cap
The table below lists competitors of BlackRock Credit Allocation Income Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dios Fastigheter AB
ST:DIOS
|
$969.67 Million |
|
Daheng New Epoch Technology Inc
SHG:600288
|
$970.27 Million |
|
Agesa Hayat ve Emeklilik AS
IS:AGESA
|
$971.20 Million |
|
Mega Lifesciences Public Company Limited
BK:MEGA
|
$971.52 Million |
|
Xiangxue Pharmaceutical
SHE:300147
|
$969.59 Million |
|
KSB SE & Co. KGaA
F:KSB3
|
$969.49 Million |
|
Edgewell Personal Care Co
NYSE:EPC
|
$969.34 Million |
|
BGT Group Co. Ltd.
SHE:300774
|
$969.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Credit Allocation Income Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,082,092,221 to 1,051,490,616, a change of -30,601,605 (-2.8%).
- Net income of 63,357,458 contributed positively to equity growth.
- Dividend payments of 93,959,063 reduced retained earnings.
- Share repurchases of 29,565 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.36 Million | +6.03% |
| Dividends Paid | $93.96 Million | -8.94% |
| Share Repurchases | $29.57K | -0.0% |
| Other Changes | $29.57K | +0.0% |
| Total Change | $- | -2.83% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Credit Allocation Income 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: 0.91x
- 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 0.68x to 0.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $15.37 | $10.39 | x |
| 2013-12-31 | $14.99 | $10.39 | x |
| 2014-12-31 | $15.22 | $10.39 | x |
| 2015-12-31 | $14.33 | $10.39 | x |
| 2016-12-31 | $14.61 | $10.39 | x |
| 2017-12-31 | $14.85 | $10.39 | x |
| 2018-12-31 | $12.50 | $10.39 | x |
| 2019-12-31 | $14.94 | $10.39 | x |
| 2020-12-31 | $15.71 | $10.39 | x |
| 2021-12-31 | $15.10 | $10.39 | x |
| 2022-12-31 | $11.19 | $10.39 | x |
| 2023-12-31 | $11.59 | $10.39 | x |
| 2024-12-31 | $11.45 | $10.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Credit Allocation Income 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): 6.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 61.60%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.52x
- Recent ROE (6.03%) is above the historical average (-0.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -2.08% | -39.14% | 0.05x | 1.07x | $-189.78 Million |
| 2008 | -58.03% | -539.95% | 0.08x | 1.30x | $-530.42 Million |
| 2012 | 15.46% | 214.15% | 0.05x | 1.49x | $43.53 Million |
| 2013 | 3.69% | 51.11% | 0.05x | 1.52x | $-102.26 Million |
| 2014 | 8.82% | 115.83% | 0.05x | 1.49x | $-19.37 Million |
| 2015 | -0.45% | -5.66% | 0.05x | 1.45x | $-161.82 Million |
| 2016 | 8.23% | 169.49% | 0.03x | 1.42x | $-27.94 Million |
| 2017 | 7.41% | 99.19% | 0.06x | 1.31x | $-41.42 Million |
| 2018 | -2.88% | 0.00% | -0.02x | 1.50x | $-185.47 Million |
| 2019 | 13.49% | 98.70% | 0.10x | 1.38x | $54.16 Million |
| 2020 | 11.08% | 99.39% | 0.08x | 1.44x | $15.85 Million |
| 2021 | 2.67% | 97.37% | 0.02x | 1.42x | $-103.53 Million |
| 2022 | -26.77% | 0.00% | -0.16x | 1.64x | $-384.58 Million |
| 2023 | 12.21% | 251.69% | 0.03x | 1.63x | $23.95 Million |
| 2024 | 6.03% | 61.60% | 0.06x | 1.52x | $-41.79 Million |
Industry Comparison
This section compares BlackRock Credit Allocation Income Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Credit Allocation Income Trust (BTZ) | $1.06 Billion | -2.08% | 0.72x | $969.64 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About BlackRock Credit Allocation Income Trust
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Co… Read more