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BTZ

BlackRock Credit Allocation Income Trust

$11.29

Earnings Summary

PE Ratio
29.35

Highlights

PE Ratio:

BlackRock Credit Allocation Income Trust’s price-to-earnings ratio after this Q4 2021 earnings stands at 29.35.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the BlackRock Credit Allocation Income Trust post its latest quarter earnings

EPS Estimate Current Quarter
0
EPS Estimate Current Year
0

Highlights

EPS Estimate Current Quarter:

BlackRock Credit Allocation Income Trust’s earning per share (EPS) estimates for the current quarter stand at 0 - a NaN% jump from last quarter’s estimates.

EPS Estimate Current Year:

BlackRock Credit Allocation Income Trust’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the BlackRock Credit Allocation Income Trust post its Q4 2021 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
1.01

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. BlackRock Credit Allocation Income Trust’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. BlackRock Credit Allocation Income Trust’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

BlackRock Credit Allocation Income Trust declared 1.01 dividend per share during the earnings announcement for Q4 2021.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-06-30
0
0.88
+Inf%

Company Information

The BlackRock Credit Allocation Income Trust, BTZ, is a taxable closed-end Trust. BTZ commenced operations in December 2006 with the investment objective of seeking current income, current gains and capital appreciation. On September 4, 2009, BTZs Board of Trustees announced changes to certain non-fundamental policies of the Trust. Reflecting these changes, the Trust, under normal market conditions, will invest at least 80% its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities. The Trust is formerly known as BlackRock Preferred & Equity Advantage Trust.

Organisation
BlackRock Credit Allocation Income Trust
Headquarters
55 East 52nd Street, New York, NY, United States, 10055
Industry
Miscellaneous