BlackRock MuniYield Michigan Quality Fund
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of BlackRock MuniYield Michigan Quality Fund generated cash of $22,711,304, which is less than the previous year. Cash used in financing activities reached the amount of -$22,711,304 last year. Net change in cash is therefore -$1,631,381.
Cash Flow
| 2015 | 15.75M | 0 | -15.75M |
|---|---|---|---|
| 2016 | 5.67M | 0 | -10.03M |
| 2017 | 21.15M | 0 | -21.15M |
| 2018 | 13.64M | -13.27M | -13.85M |
| 2019 | 14.36M | -6.77M | -14.25M |
| 2020 | 41.04M | 25.44M | -41.48M |
| 2021 | 19.47M | -6.27M | -19.47M |
| 2022 | 19.71M | -3.89M | -19.71M |
| 2023 | 54.06M | 53.25M | -54.06M |
| 2024 | 22.71M | 0 | -22.71M |
MIY Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 18.02M | 2.98M | 2.85M | 9.12M | 445.34K | 335.95K | 553.95K | 1.01K | 4.36M | 0 |
Operating activities | ||||||||||
Net income | 18.32M | -4.34M | -53.51M | 24.24M | 22.77M | 37.78M | 8.08M | -3.32M | 50.56M | 20.10M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 535.32K | 623.32K | 233.56K | 153.76K | 606.10K | 255.80K | -189.57K | 2.96K | 476.71K | 4.46K |
Inventories | 0 | 0 | 0 | 2.18K | 0 | 1 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | -329.06K | 211.13K | 50.53K | -9.99K | 7.38K | -301.65K | 0 | 0 | 0 |
Cash generated by operating activities | 22.71M | 54.06M | 19.71M | 19.47M | 41.04M | 14.36M | 13.64M | 21.15M | 5.67M | 15.75M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -232.81M | -156.05M | -61.16M | -68.06M | -114.59M | -69.36M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 53.25M | -3.89M | -6.27M | 25.44M | -6.77M | -13.27M | 0 | 0 | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 23.16M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -13.50M | -15.91M | -19.74M | -19.38M | -17.44M | -18.45M | -21.38M | -22.75M | -22.99M | -15.76M |
Repurchases of common stock | -2.84M | -3.28M | 0 | 0 | -886.69K | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -42.43K | 51.06K | 0 | -92.82K | -23.16M | 0 | -1.25M | 820.72K | 0 | 0 |
Cash used in financing activities | -22.71M | -54.06M | -19.71M | -19.47M | -41.48M | -14.25M | -13.85M | -21.15M | -10.03M | -15.75M |
Net Change In Cash | -1.63M | 15.04M | 0 | -6.27M | -445.34K | 109.39K | -218K | -1.01K | -4.36M | 0 |
Cash at end of period | 16.39M | 18.02M | 2.85M | 2.85M | 0 | 445.34K | 335.95K | 0 | 1.01K | 0 |