BlackRock Municipal Income Closed Fund (BFK) — Working Capital to Net Assets Ratio
BlackRock Municipal Income Closed Fund (BFK) has a Working Capital to Net Assets ratio of -1.2% as of July 2025. Working capital of $-5.26 Million (current assets of $15.92 Million minus current liabilities of $21.17 Million) is measured against net assets of $455.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is BlackRock Municipal Income Closed Fund to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BlackRock Municipal Income Closed Fund Working Capital to Net Assets (2013–2025)
This chart shows how BlackRock Municipal Income Closed Fund's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of July 2025, the ratio stands at -1.2%, reflecting working capital of $-5.26 Million against net assets of $455.93 Million USD. See BFK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for BlackRock Municipal Income Closed Fund (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BlackRock Municipal Income Closed Fund from 2013 to 2025, covering 13 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 live market cap and the full company profile, see BlackRock Municipal Income Closed Fund (BFK) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.2% | $-5.26 Million | $455.93 Million | $15.92 Million | $21.17 Million | ▲ +2.4 pp |
| 2024 | -3.5% | $-17.67 Million | $501.18 Million | $7.72 Million | $25.39 Million | ▲ +0.4 pp |
| 2023 | -3.9% | $-20.12 Million | $518.28 Million | $9.94 Million | $30.06 Million | ▲ +17.9 pp |
| 2022 | -21.8% | $-119.34 Million | $547.21 Million | $16.53 Million | $135.87 Million | ▼ -2.4 pp |
| 2021 | -19.5% | $-128.78 Million | $662.09 Million | $14.07 Million | $142.85 Million | ▲ +1.0 pp |
| 2020 | -20.5% | $-118.44 Million | $578.81 Million | $24.13 Million | $142.56 Million | ▼ -3.5 pp |
| 2019 | -17.0% | $-107.89 Million | $635.08 Million | $16.09 Million | $123.98 Million | ▲ +28.9 pp |
| 2018 | -45.9% | $-287.44 Million | $626.60 Million | $31.28 Million | $318.72 Million | ▼ -5.4 pp |
| 2017 | -40.4% | $-258.03 Million | $638.05 Million | $17.58 Million | $275.61 Million | ▼ -1.5 pp |
| 2016 | -38.9% | $-264.88 Million | $680.50 Million | $16.77 Million | $281.65 Million | ▲ +18.3 pp |
| 2015 | -57.2% | $-381.42 Million | $667.06 Million | $16.20 Million | $397.62 Million | ▲ +3.6 pp |
| 2014 | -60.7% | $-387.84 Million | $638.58 Million | $16.17 Million | $404.01 Million | ▼ -36.7 pp |
| 2013 | -24.1% | $-165.86 Million | $688.71 Million | $19.80 Million | $185.66 Million | — |