Blackrock Collegeadvantage 529 Fund Current Ratio

BZGAX Fund  USD 16.45  0.05  0.30%   
Blackrock Collegeadvantage 529 fundamentals help investors to digest information that contributes to Blackrock Collegeadvantage's financial success or failures. It also enables traders to predict the movement of Blackrock Mutual Fund. The fundamental analysis module provides a way to measure Blackrock Collegeadvantage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock Collegeadvantage mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Blackrock Collegeadvantage 529 Mutual Fund Current Ratio Analysis

Blackrock Collegeadvantage's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
In accordance with the recently published financial statements, Blackrock Collegeadvantage 529 has a Current Ratio of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Current Ratio (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

Did you try this?

Run Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module

About Blackrock Collegeadvantage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Collegeadvantage 529's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Collegeadvantage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Collegeadvantage 529 based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Blackrock Mutual Fund

Blackrock Collegeadvantage financial ratios help investors to determine whether Blackrock Mutual Fund 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 Collegeadvantage security.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.