BlackRock Floating Valuation
| BGT Etf | USD 12.71 0.04 0.32% |
At this time, the entity appears to be fairly valued. BlackRock Floating Rate shows a prevailing Real Value of $12.73 per share. The current price of the entity is $12.71. Our model approximates the value of BlackRock Floating Rate from analyzing the entity fundamentals such as return on equity of -5.63, and Profit Margin of (81.36) % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that BlackRock Floating's price fluctuation is very steady at this time. Calculation of the real value of BlackRock Floating Rate is based on 3 months time horizon. Increasing BlackRock Floating's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
BlackRock Floating's intrinsic value may or may not be the same as its current market price of 12.71, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.71 | Real 12.73 | Hype 12.67 | Naive 12.8 |
The intrinsic value of BlackRock Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence BlackRock Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of BlackRock Floating Rate helps investors to forecast how BlackRock etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of BlackRock Floating more accurately as focusing exclusively on BlackRock Floating's fundamentals will not take into account other important factors: BlackRock Floating Total Value Analysis
BlackRock Floating Rate is currently forecasted to have company total value of 370.63 M with market capitalization of 260.59 M, debt of 127 M, and cash on hands of 881.28 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the BlackRock Floating fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
370.63 M | 260.59 M | 127 M | 881.28 K |
BlackRock Floating Asset Utilization
One of the ways to look at asset utilization of BlackRock is to check how much profit was generated for every dollar of assets it reports. BlackRock Floating Rate utilizes its assets nearly 2.33 percent, earning $0.0233 for each dollar of assets held by the entity. A positive asset utilization signifies that the company is slightly more effective with each dollar of assets it shows. Put another way, asset utilization of BlackRock Floating shows how effective it operates for each dollar spent on its assets.BlackRock Floating Ownership Allocation
BlackRock Floating holds a total of 22.36 Million outstanding shares. 30% of BlackRock Floating Rate outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.BlackRock Floating Profitability Analysis
The company reported the last year's revenue of 19.89 M. Reported Net Loss for the year was (16.18 M) with profit before taxes, overhead, and interest of 19.49 M.About BlackRock Floating Valuation
The etf valuation mechanism determines BlackRock Floating's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of BlackRock Floating Rate based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlackRock Floating. We calculate exposure to BlackRock Floating's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of BlackRock Floating's related companies.BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
Other Information on Investing in BlackRock Etf
BlackRock Floating financial ratios help investors to determine whether BlackRock Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BlackRock with respect to the benefits of owning BlackRock Floating security.