BlackRock Long-Term Municipal Advantage Trust (BTA) - Total Assets
Based on the latest financial reports, BlackRock Long-Term Municipal Advantage Trust (BTA) holds total assets worth $211.64 Million USD as of July 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check BlackRock Long-Term Municipal Advantage investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
BlackRock Long-Term Municipal Advantage Trust - Total Assets Trend (2006–2025)
This chart illustrates how BlackRock Long-Term Municipal Advantage Trust's total assets have evolved over time, based on quarterly financial data. Explore BlackRock Long-Term Municipal Advantage (BTA) long-term investment share to see how much of total assets are deployed in long-term investments.
BlackRock Long-Term Municipal Advantage Trust - Asset Composition Analysis
Current Asset Composition (July 2025)
BlackRock Long-Term Municipal Advantage Trust's total assets of $211.64 Million consist of 1.3% current assets and 98.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $2.54 Million | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2025)
This chart illustrates how BlackRock Long-Term Municipal Advantage Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see BlackRock Long-Term Municipal Advantage market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: BlackRock Long-Term Municipal Advantage Trust's current assets represent 1.3% of total assets in 2025, a decrease from 1.5% in 2006.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, down from 0.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
BlackRock Long-Term Municipal Advantage Trust Competitors by Total Assets
Key competitors of BlackRock Long-Term Municipal Advantage Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Smart Agro LP
TA:SMAG
|
Israel | ILA24.64 Million |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
Canada | CA$9.34 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
Australia | AU$9.94 Billion |
|
Sprott Inc.
TO:SII
|
Canada | CA$720.71 Million |
|
Insignia Financial Ltd
AU:IFL
|
Australia | AU$3.77 Billion |
|
MFF Capital Investments Ltd
AU:MFF
|
Australia | AU$3.13 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.97 Billion |
|
Wam Leaders Ltd
AU:WLE
|
Australia | AU$1.86 Billion |
BlackRock Long-Term Municipal Advantage Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.03 | 0.37 | 0.04 |
| Quick Ratio | 0.03 | 0.37 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-81.26 Million | $-3.88 Million | $-112.04 Million |
BlackRock Long-Term Municipal Advantage Trust - Advanced Valuation Insights
This section examines the relationship between BlackRock Long-Term Municipal Advantage Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.02 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | -8.6% |
| Total Assets | $211.64 Million |
| Market Capitalization | $130.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values BlackRock Long-Term Municipal Advantage Trust's assets below their book value (0.62x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: BlackRock Long-Term Municipal Advantage Trust's assets decreased by 8.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BlackRock Long-Term Municipal Advantage Trust (2006–2025)
The table below shows the annual total assets of BlackRock Long-Term Municipal Advantage Trust from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-07-31 | $211.64 Million | -8.60% |
| 2024-07-31 | $231.56 Million | +2.43% |
| 2023-07-31 | $226.06 Million | -12.78% |
| 2022-07-31 | $259.18 Million | -11.83% |
| 2021-07-31 | $293.96 Million | +10.74% |
| 2020-07-31 | $265.45 Million | -5.23% |
| 2019-07-31 | $280.10 Million | -1.34% |
| 2018-07-31 | $283.91 Million | +2.27% |
| 2017-07-31 | $277.60 Million | -2.15% |
| 2016-07-31 | $283.70 Million | +11.78% |
| 2015-07-31 | $253.80 Million | +0.95% |
| 2014-07-31 | $251.40 Million | -9.24% |
| 2013-07-31 | $277.00 Million | +4.37% |
| 2012-07-31 | $265.40 Million | +15.74% |
| 2011-07-31 | $229.30 Million | -5.99% |
| 2010-07-31 | $243.90 Million | +16.03% |
| 2009-07-31 | $210.20 Million | -42.28% |
| 2007-07-31 | $364.20 Million | -3.85% |
| 2006-07-31 | $378.80 Million | -- |
About BlackRock Long-Term Municipal Advantage Trust
BlackRock Long-Term Municipal Advantage Trust 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 of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of i… Read more