BlackRock Taxable Municipal Bond Trust Financial Ratios — BBN

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	6.03	12.47	10.08	7.55	-30.75	10.93	1.11	7.4
Return on Assets (%)	- -	3.16	7.2	6.54	5.09	-20.61	7.32	0.76	4.92
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	33.34	98.93	99.49	99.52	99.32	100.1	99.55	94.48	99.29
Profit Margin (%)	33.34	98.93	99.49	99.52	99.32	100.1	99.55	94.48	99.29
Net Income to Common Margin (%)	33.34	98.93	99.49	99.52	99.32	100.1	99.55	94.48	99.29
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	22,494.24	135.78	52.44	52.84	68.76	-21.84	60.25	570.76	89.49
Sustainable Growth Rate (%)	- -	-2.16	5.93	4.75	2.36	-37.47	4.35	-5.22	0.78

Credit (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	729	743	800	712	707	564	501	504	566
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	729	743	800	712	707	564	501	504	566
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	52.77	52.08	63.23	66.65	68.28	65.28	68.67	67.69	65.29
Long-Term Debt/Equity (%)	54.44	56.45	57.59	48.88	46.08	52.78	44.88	47.59	53.02
Long-Term Debt/Capital (%)	39.96	40.52	36.55	32.83	31.54	34.55	30.98	32.25	34.65
Long-Term Debt/Total Assets (%)	35.12	35.48	36.42	32.58	31.46	34.46	30.82	32.22	34.61
Total Debt/Equity (%)	54.44	56.45	57.59	48.88	46.08	52.78	44.88	47.59	53.02
Total Debt/Capital (%)	39.96	40.52	36.55	32.83	31.54	34.55	30.98	32.25	34.65
Total Debt/Total Assets (%)	35.12	35.48	36.42	32.58	31.46	34.46	30.82	32.22	34.61
Net Debt to Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	52.77	52.08	63.23	66.65	68.28	65.28	68.67	67.69	65.29
Long-Term Debt/Equity (%)	54.44	56.45	57.59	48.88	46.08	52.78	44.88	47.59	53.02
Long-Term Debt/Capital (%)	39.96	40.52	36.55	32.83	31.54	34.55	30.98	32.25	34.65
Long-Term Debt/Total Assets (%)	35.12	35.48	36.42	32.58	31.46	34.46	30.82	32.22	34.61
Total Debt/Equity (%)	54.44	56.45	57.59	48.88	46.08	52.78	44.88	47.59	53.02
Total Debt/Capital (%)	39.96	40.52	36.55	32.83	31.54	34.55	30.98	32.25	34.65
Total Debt/Total Assets (%)	35.12	35.48	36.42	32.58	31.46	34.46	30.82	32.22	34.61
CFO/Total Liabilities	17.11	9.37	3.94	21.38	6.18	43.64	25.53	14.19	2.28
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	0.03	0.26	0.3	0.3	-0.33	0.04	-0.07	-0.01

Working Capital (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	729	743	800	712	707	564	501	504	566
Enterprise Value	729	743	800	712	707	564	501	504	566
Total Capital	1,825	1,833	2,189	2,169	2,241	1,633	1,617	1,564	1,634
Total Debt/Capital (%)	39.96	40.52	36.55	32.83	31.54	34.55	30.98	32.25	34.65
Total Debt / EV	1	1	1	1	1	1	1	1	1
EV/Sales	605.66	11.15	5.15	4.94	6.22	- -	4.18	39.48	7.14
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	5.78	10.19	25.12	4.57	16.04	2.27	3.85	7.03	43.79
EV/Free Cash Flow to Firm	5.78	10.19	25.12	4.57	16.04	2.27	3.85	7.03	43.79
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	729	743	800	712	707	564	501	504	566
EV per Share	18.17	12.97	14.03	12.41	12.09	9.36	8.1	7.94	- -
TTM Sales	1	67	155	144	114	-400	120	13	79
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	126	73	32	156	44	248	130	72	13
TTM Free Cash Flow to Firm	126	73	32	156	44	248	130	72	13

Multiples (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	729	743	800	712	707	564	501	504	566
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	605.66	11.15	5.15	4.94	6.22	- -	4.18	39.48	7.14
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	605.66	11.15	5.15	4.94	6.22	- -	4.18	39.48	7.14
EV/Sales High	605.66	11.15	5.15	4.94	6.22	- -	4.18	39.48	7.14
EV/Sales Low	605.66	11.15	5.15	4.94	6.22	- -	4.18	39.48	7.14
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	729	743	800	712	707	564	501	504	566
Enterprise Value High	729	743	800	712	707	564	501	504	566
Enterprise Value Low	729	743	800	712	707	564	501	504	566

Shares Outstanding	57	57	57	57	59	62	62	62	62
Diluted Weighted Avg Shares	40	57	57	57	58	60	62	64	- -
Basic Weighted Avg Shares	40	57	57	57	58	60	62	64	- -
Revenue per Share	0.03	1.16	2.72	2.51	1.94	-6.63	1.94	0.2	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.01	1.15	2.71	2.5	1.93	-6.64	1.93	0.19	- -
Basic EPS from Cont Ops	0.01	1.15	2.71	2.5	1.93	-6.64	1.93	0.19	- -
Diluted EPS, GAAP	0.01	1.15	2.71	2.5	1.93	-6.64	1.93	0.19	- -
Diluted EPS from Cont Ops	0.01	1.15	2.71	2.5	1.93	-6.64	1.93	0.19	- -
Dividend per Share	2.25	1.56	1.42	1.32	1.33	1.45	1.16	1.08	- -
Cash Flow per Share	3.14	1.27	0.56	2.72	0.75	4.12	2.1	1.13	- -
Free Cash Flow per Basic Share	3.14	1.27	0.56	2.72	0.75	4.12	2.1	1.13	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	27.3	19.03	24.36	25.4	26.23	17.73	18.04	16.68	- -
Tangible Book Value per Share	33.37	22.97	24.36	25.4	26.23	17.73	18.04	16.68	- -

BlackRock Taxable Municipal Bond Trust

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)