BlackRock Capital Allocation Trust Working Capital to Net Assets Ratio
BlackRock Capital Allocation Trust working capital to net assets ratio. BlackRock Capital Allocation Trust (BCAT) has a Working Capital to Net Assets ratio of -16.9% as of December 2025. Working capital of $-270.35 Million (current assets of $6.75 Million minus current liabilities of $277.11 Million) is measured against net assets of $1.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check BCAT goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of BlackRock Capital Allocation Trust (2020–2025)
Working capital to net assets ratio of BlackRock Capital Allocation Trust from 2020 to 2025. This chart shows how BlackRock Capital Allocation Trust's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2025. As of December 2025, the ratio stands at -16.9%, reflecting working capital of $-270.35 Million against net assets of $1.60 Billion USD. See BlackRock Capital Allocation Trust liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
BlackRock Capital Allocation Trust Working Capital to Net Assets Ratio by Year (2020–2025)
BlackRock Capital Allocation Trust working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for BlackRock Capital Allocation Trust from 2020 to 2025, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see BCAT total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -16.9% | $-270.35 Million | $1.60 Billion | $6.75 Million | $277.11 Million | ▼ -9.5 pp |
| 2023 | -7.4% | $-138.00 Million | $1.85 Billion | $37.16 Million | $175.16 Million | ▼ -1.5 pp |
| 2022 | -6.0% | $-108.66 Million | $1.82 Billion | $158.58 Million | $267.23 Million | ▼ -5.0 pp |
| 2020 | -0.9% | $-22.24 Million | $2.36 Billion | $13.83 Million | $36.07 Million | — |