BTA
Price:
$9.72
Market Cap:
$130.64M
The BlackRock Long-Term Municipal Advantage Trust (BTA) operates as a closed-end investment fund, overseen by BlackRock Advisors, LLC, an entity of BlackRock, Inc. Its investment strategy centers on the fixed income sector within the United States. The fund employs financial derivatives as a tool to gain exposure to municipal debt instruments. A significant portion of its capital is channeled into long-duration municipal bonds, specifically those carrying an original maturity of more than a decade. This U.S.-domiciled trust was constituted on February 28, 2006.
Industry
Asset Management
IPO Date
2006-02-27
Stock Exchange
NYSE
Ticker
BTA
According to BlackRock Long-Term Municipal Advantage Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of 6.60% compared to the average of 0.03 of the last 4 quarters.
The mean historical Current Ratio of BlackRock Long-Term Municipal Advantage Trust over the last ten years is 15.25. The current 0.03 Current Ratio has changed -78.92% with respect to the historical average. Over the past ten years (40 quarters), BTA's Current Ratio was at its highest in in the April 2016 quarter at 92.00. The Current Ratio was at its lowest in in the April 2023 quarter at 0.03.
Average
15.25
Median
0.21
Minimum
0.03
Maximum
92.00
Discovering the peaks and valleys of BlackRock Long-Term Municipal Advantage Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 12.47%
Maximum Annual Current Ratio = 92.00
Minimum Annual Increase = -99.92%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.03 | -91.31% |
| 2024 | 0.37 | 1.27% |
| 2023 | 0.03 | -45.98% |
| 2022 | 0.05 | -99.18% |
| 2021 | 6.12 | 12.47% |
| 2020 | 0.05 | -98.29% |
| 2019 | 2.85 | 7.09% |
| 2018 | 0.04 | -99.92% |
| 2017 | 51.00 | -44.57% |
| 2016 | 92.00 | 2.46% |
The current Current Ratio of BlackRock Long-Term Municipal Advantage Trust (BTA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.14
5-year avg
1.32
10-year avg
15.25
BlackRock Long-Term Municipal Advantage Trust’s Current Ratio is greater than ProFunds UltraMid Cap Fund Investor Class (0), less than RiverNorth Managed Duration Municipal Income Fund II, Inc. (3.38), less than BlackRock Investment Quality Municipal Trust Inc. (0.05), less than Western Asset Mortgage Opportunity Fund Inc. (0.04), greater than Touchstone International Equity Fund Class A (0), less than Abrdn Australia Equity Fund Inc (134.70), greater than Touchstone International Equity Fund Class Y (0), less than Polen International Growth Investor (0), greater than Polen International Growth Institutional (0), less than American Century One Choice 2065 Inv (0.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $169.14M | |
| 3.38 | $125.18M | |
| 0.05 | $198.56M | |
| 0.04 | $121.07M | |
| 0 | $182.88M | |
| 134.70 | $115.47M | |
| 0 | $182.49M | |
| 0 | $83.13M | |
| 0 | $83.14M | |
| 0.85 | $150.89M |
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What is the Current Ratio?
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What is BlackRock Long-Term Municipal Advantage Trust's Current Ratio?
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What is the highest Current Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?
What is the 3-year average Current Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?
What is the 5-year average Current Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?
How does the current Current Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA) compare to its historical average?