BlackRock Investment Quality Municipal Closed Fund (BKN) — Working Capital to Net Assets Ratio
BlackRock Investment Quality Municipal Closed Fund (BKN) has a Working Capital to Net Assets ratio of -34.6% as of July 2025. Working capital of $-69.26 Million (current assets of $3.92 Million minus current liabilities of $73.18 Million) is measured against net assets of $199.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of BlackRock Investment Quality Municipal C to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BlackRock Investment Quality Municipal Closed Fund Working Capital to Net Assets (2013–2025)
This chart shows how BlackRock Investment Quality Municipal 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 -34.6%, reflecting working capital of $-69.26 Million against net assets of $199.97 Million USD. See BlackRock Investment Quality Municipal C defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for BlackRock Investment Quality Municipal Closed Fund (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BlackRock Investment Quality Municipal 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 BKN stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -34.6% | $-69.26 Million | $199.97 Million | $3.92 Million | $73.18 Million | ▼ -34.4 pp |
| 2024 | -0.3% | $-579.87K | $224.82 Million | $4.35 Million | $4.93 Million | ▲ +2.1 pp |
| 2023 | -2.4% | $-5.45 Million | $230.38 Million | $4.17 Million | $9.62 Million | ▲ +17.8 pp |
| 2022 | -20.1% | $-47.86 Million | $237.65 Million | $7.93 Million | $55.78 Million | ▼ -2.7 pp |
| 2021 | -17.5% | $-50.21 Million | $287.40 Million | $5.63 Million | $55.84 Million | ▲ +2.8 pp |
| 2020 | -20.3% | $-51.93 Million | $255.88 Million | $6.87 Million | $58.81 Million | ▼ -2.7 pp |
| 2019 | -17.6% | $-47.51 Million | $270.71 Million | $6.24 Million | $53.75 Million | ▼ -17.1 pp |
| 2018 | -0.5% | $-1.28 Million | $262.20 Million | $7.95 Million | $9.23 Million | ▼ -1.5 pp |
| 2017 | 1.0% | $4.01 Million | $390.45 Million | $5.79 Million | $1.78 Million | ▲ +0.9 pp |
| 2016 | 0.1% | $529.01K | $414.90 Million | $10.80 Million | $10.27 Million | ▲ +0.2 pp |
| 2015 | 0.0% | $-111.70K | $402.21 Million | $5.56 Million | $5.67 Million | ▲ +9.2 pp |
| 2014 | -9.2% | $-24.26 Million | $263.30 Million | $8.43 Million | $32.70 Million | ▲ +2.0 pp |
| 2013 | -11.2% | $-31.52 Million | $280.51 Million | $5.94 Million | $37.46 Million | — |