BlackRock MuniYield Michigan Quality Fund
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has BlackRock MuniYield Michigan Quality Fund's balance sheet done over the years? Its assets were worth $612,766,375 last year, which is less than in the previous period. 38% of BlackRock MuniYield Michigan Quality Fund’s total assets is currently financed by debt. Its liabilities reached the amount of $233,816,609, which means an decrease by -2% compared compared to last year.
Debt to Assets
| 2015 | 455020415 | 172.48M | 37.91% |
|---|---|---|---|
| 2016 | 769101788 | 285.13M | 37.07% |
| 2017 | 745033966 | 287.14M | 38.54% |
| 2018 | 739063422 | 294.11M | 39.8% |
| 2019 | 763054213 | 1.72M | 0.23% |
| 2020 | 743618528 | 1.56M | 0.21% |
| 2021 | 748405521 | 1.66M | 0.22% |
| 2022 | 678837048 | 278.63M | 41.05% |
| 2023 | 616704066 | 238.53M | 38.68% |
| 2024 | 612766375 | 233.81M | 38.16% |
MIY Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 16.39M | 18.02M | 2.98M | 2.85M | -3.87M | 29.39K | 0 | 0 | 1.01K | 0 |
Short term investments | -5.40M | -70.89M | -170.36M | 0 | 3.87M | 2.32M | -111.93M | 0 | 0 | 0 |
Net receivables | 6.96M | 6.50M | 7.12M | 7.36M | 13.15M | 8.12M | 8.37M | 8.21M | 0 | 5.13M |
Inventory | 0 | 70.89M | 170.36M | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Other current assets | 151.16K | 109.84K | 138.05K | -10.21M | -17.03M | -10.47M | 0 | 652.63K | 0 | 145.19K |
Total current assets | 18.09M | 6.61M | 7.26M | 7.36M | 13.15M | 8.15M | 8.73M | 8.21M | 8.55M | 5.27M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 605.65M | 610.08M | 671.57M | 740.89M | 730.33M | 754.39M | 730.32M | 736.22M | 654.44M | 401.59M |
Other non-current assets | -605.65M | -610.08M | -170.36M | -740.89M | -730.33M | -754.39M | -111.93M | -736.22M | -654.44M | 48.14M |
Total non-current assets | 605.65M | 610.08M | 501.20M | 740.89M | 730.33M | 754.39M | 618.39M | 736.22M | 654.44M | 449.74M |
Total assets | 612.76M | 616.70M | 678.83M | 748.40M | 743.61M | 763.05M | 739.06M | 745.03M | 769.10M | 455.02M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 350.50K | -117.15K | -41.26M | 1.66M | -39.79M | -62.80M | 0 | -50.32M | 0 | 0 |
Short term debt | 8.62K | 6.38M | 41.26M | 6.58K | 41.36M | 64.52M | 0 | 0 | 0 | 23.48M |
Total current liabilities | 2.25M | 6.88M | 47.08M | 1.66M | 1.56M | 1.72M | 62.64M | 2.00M | 53.67M | 27.88M |
| Non-current liabilities: | ||||||||||
Long term debt | 231.56M | 51.06K | 231.54M | 272.77M | 272.85M | 296.01M | 335.79K | 820.72K | 231.45M | 144.6M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -51.06K | -231.54M | -41.26M | -41.36M | -64.52M | 231.13M | -820.72K | -231.45M | 0 |
Total non-current liabilities | 231.56M | 231.64M | 231.54M | 231.50M | 231.49M | 231.48M | 231.47M | 820.72K | 231.45M | 144.6M |
Total liabilities | 233.81M | 238.53M | 278.63M | 1.66M | 1.56M | 1.72M | 294.11M | 287.14M | 285.13M | 172.48M |