Cash and Equivalents breakdown for BlackRockCash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).
BlackRock Cash and Equivalents Assessment
In accordance with recently published financial statements BlackRock Income Opportunity Trust Inc has 873.14 K in Cash and Equivalents. This is 100.0% lower than that of Financial sector, and 58.61% lower than that of Closed-End Fund - Debt industry, The Cash and Equivalents for all stocks is 99.97% higher than the company.
Filter other Stocks by Cash and Equivalents
Cash and Equivalents ComparisonBlackRock is currently under evaluation in cash and equivalents category among related companies.
Follow BlackRock Cash and Equivalents with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other BlackRock Fundamentals