BlackRock Floating Rate Income Trust (BGT) Quick Ratio (Acid-Test): 0.00
Is BlackRock Floating Rate Income Trust’s quick ratio (acid-test) high or low?
BlackRock Floating Rate Income Trust's quick ratio (acid-test) of 0.00 is 100% below its 5-year average of 0.50, near the low end of its 5-year range (0.00–0.99).
As of Saturday, June 20, 2026. 100.00% below its 12-month average of 0.28.
BGT Quick Ratio (Acid-Test) Chart
BGT Average Quick Ratio (Acid-Test) Chart
BGT Current vs Average Quick Ratio (Acid-Test) Chart
BGT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.00
QUICK RATIO (ACID-TEST) AVG TTM
0.28
QUICK RATIO (ACID-TEST) AVG 3Y
0.51
QUICK RATIO (ACID-TEST) AVG 5Y
0.50
QUICK RATIO (ACID-TEST) AVG 10Y
0.41
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-100.00%
CURRENT VS 3Y AVG
-100.00%
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BGT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock Floating Rate Income Trust (BGT) | $317.93M | 0.00 | 0.28 | 0.51 | 0.50 |
| Isabella Bank Corporation (ISBA)vs › | $295.51M | 0.12 | 0.13 | 0.24 | 0.28 |
| DeFi Technologies Inc. (DEFT)vs › | $181.93M | 0.88 | 0.83 | 0.80 | 0.81 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $160.51M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $127.66M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $524.09M | 0.56 | 0.56 | 13.19 | 14.96 |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $675.14M | N/A | N/A | N/A | N/A |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 449.84 | 226.86 | 114.79 | 77.09 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.84 | 1.07 | 1.20 | 1.22 |
Liquidity Comparison
Quick Ratio
0.00
Excludes inventory
Current Ratio
0.00
Includes inventory
BlackRock Floating Rate Income Trust Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
BlackRock Floating Rate Income Trust Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for BlackRock Floating Rate Income Trust (BGT)?
- The quick ratio (acid-test) for BGT stock is 0.00.
- Is BlackRock Floating Rate Income Trust's quick ratio (acid-test) high or low?
- BlackRock Floating Rate Income Trust's quick ratio (acid-test) of 0.00 is 100% below its 5-year average of 0.50, near the low end of its 5-year range (0.00–0.99).
- What is the TTM average quick ratio (acid-test) for BlackRock Floating Rate Income Trust (BGT)?
- The TTM average quick ratio (acid-test) for BGT stock is 0.28.
- What is the 3Y average quick ratio (acid-test) for BlackRock Floating Rate Income Trust (BGT)?
- The 3Y average quick ratio (acid-test) for BGT stock is 0.51.
- What is the 5Y average quick ratio (acid-test) for BlackRock Floating Rate Income Trust (BGT)?
- The 5Y average quick ratio (acid-test) for BGT stock is 0.50.
- What is the 10Y average quick ratio (acid-test) for BlackRock Floating Rate Income Trust (BGT)?
- The 10Y average quick ratio (acid-test) for BGT stock is 0.41.
BlackRock Floating Rate Income Trust Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.00 |
| 2024-12-31 | 0.55 |
| 2023-12-31 | 0.99 |
| 2021-12-31 | 0.63 |
| 2020-12-31 | 0.31 |
| 2019-10-31 | 0.46 |
| 2017-10-31 | 0.32 |
| 2016-10-31 | 0.05 |
| 2015-10-31 | 0.08 |
| 2014-10-31 | 0.07 |
| 2013-10-31 | 0.06 |
| 2012-10-31 | 0.16 |
Related Metrics
About BlackRock Floating Rate Income Trust
BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Charles Choon Sik Park