BlackRock California Municipal Income Closed Fund Working Capital to Net Assets Ratio
BlackRock California Municipal Income Closed Fund working capital to net assets ratio. BlackRock California Municipal Income Closed Fund (BFZ) has a Working Capital to Net Assets ratio of -75.5% as of July 2025. Working capital of $-257.70 Million (current assets of $18.13 Million minus current liabilities of $275.83 Million) is measured against net assets of $341.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check BFZ 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 California Municipal Income Closed Fund (2013–2025)
Working capital to net assets ratio of BlackRock California Municipal Income Closed Fund from 2013 to 2025. This chart shows how BlackRock California 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 -75.5%, reflecting working capital of $-257.70 Million against net assets of $341.50 Million USD. See BlackRock California Municipal Income Cl liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
BlackRock California Municipal Income Closed Fund Working Capital to Net Assets Ratio by Year (2013–2025)
BlackRock California Municipal Income Closed Fund working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for BlackRock California 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 the complete balance sheet picture, see BlackRock California Municipal Income Cl total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -75.5% | $-257.70 Million | $341.50 Million | $18.13 Million | $275.83 Million | ▼ -76.0 pp |
| 2024 | 0.6% | $2.15 Million | $386.59 Million | $7.89 Million | $5.74 Million | ▼ -1.3 pp |
| 2023 | 1.8% | $11.11 Million | $601.47 Million | $11.39 Million | $270.55K | ▲ +65.2 pp |
| 2022 | -63.4% | $-264.40 Million | $417.25 Million | $9.04 Million | $273.44 Million | ▼ -64.8 pp |
| 2021 | 1.4% | $7.18 Million | $510.66 Million | $8.57 Million | $1.38 Million | ▼ 0.0 pp |
| 2020 | 1.4% | $7.19 Million | $500.35 Million | $8.62 Million | $1.43 Million | ▲ +4.8 pp |
| 2019 | -3.3% | $-16.29 Million | $486.59 Million | $16.90 Million | $33.19 Million | ▲ +66.0 pp |
| 2018 | -69.4% | $-327.75 Million | $472.41 Million | $23.20 Million | $350.94 Million | ▼ -70.0 pp |
| 2017 | 0.6% | $3.02 Million | $489.33 Million | $11.23 Million | $8.21 Million | ▲ +34.8 pp |
| 2016 | -34.2% | $-178.18 Million | $521.34 Million | $13.37 Million | $191.55 Million | ▲ +29.9 pp |
| 2015 | -64.1% | $-323.44 Million | $504.97 Million | $12.14 Million | $335.58 Million | ▼ -9.6 pp |
| 2014 | -54.5% | $-274.72 Million | $504.53 Million | $26.19 Million | $300.91 Million | ▼ -22.0 pp |
| 2013 | -32.5% | $-150.04 Million | $462.27 Million | $11.75 Million | $161.79 Million | — |