BlackRock Long-Term Municipal Advantage Trust (BTA) — Tangible Net Worth Ratio
BlackRock Long-Term Municipal Advantage Trust (BTA) has a Tangible Net Worth Ratio of 100.0% as of July 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($127.68 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See BTA book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BlackRock Long-Term Municipal Advantage Trust Tangible Net Worth Ratio (2006–2025)
This chart shows how BlackRock Long-Term Municipal Advantage Trust's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2025. As of July 2025, the ratio stands at 100.0%, reflecting net assets of $127.68 Million with intangible assets of $0.00 USD. Also explore BTA net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for BlackRock Long-Term Municipal Advantage Trust (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for BlackRock Long-Term Municipal Advantage Trust from 2006 to 2025, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see BTA company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $127.68 Million | $0.00 | $211.64 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $144.19 Million | $0.00 | $231.56 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $139.29 Million | $0.00 | $226.06 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $146.77 Million | $0.00 | $259.18 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $178.75 Million | $0.00 | $293.96 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $150.34 Million | $0.00 | $265.45 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $167.43 Million | $0.00 | $280.10 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $164.79 Million | $0.00 | $283.91 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $164.80 Million | $0.00 | $277.60 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $173.00 Million | $0.00 | $283.70 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $167.90 Million | $0.00 | $253.80 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $161.30 Million | $0.00 | $251.40 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $172.40 Million | $0.00 | $277.00 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $163.20 Million | $0.00 | $265.40 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $140.50 Million | $0.00 | $229.30 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $150.30 Million | $0.00 | $243.90 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $127.10 Million | $0.00 | $210.20 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $214.10 Million | $0.00 | $364.20 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $203.30 Million | $0.00 | $378.80 Million | — |