Financial Statements

BlackRock MuniYield Michigan Qualit... (MIY)

$13.105

+0.14 (+1.12%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2014
Retained Earnings (Previous Year) 4512--
Net Income 23388-336
Stock Dividends -0251228-17
Dividend Paid -17-18-21-23-16
Retained Earnings 5145122

PPE Schedule

Year 2020 2019 2018 2017 2014
Gross PPE -----
Annual Depreciation -----
Capital Expenditure -----
Net PPE -----

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2014
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

BlackRock MuniYield Michigan Quality Fund, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes BlackRock MuniYield Michigan Quality Fund, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.