BlackRock Virginia Municipal Bond Trust (BHV) Balance Sheet
BHV balance sheet, FY2026
July 31, 2026 · U.S. dollars$29.4M assets = $11.7M liabilities + $17.7M equity
Both columns are drawn to the same scale: what BHV owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BHV financial health
Debt / equity0.65
Moderate leverage · $0.65 of debt for each $1 of equity
Equity / assets60.2%
Equity-funded · of assets funded by shareholders
Cash / debt7.6%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
BHV balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $41.6MFY2017 | $29.4MFY2026 | −3.8%/yr | |
| Total liabilities | $16.4MFY2017 | $11.7MFY2026 | −3.7%/yr | |
| Shareholders’ equity | $25.2MFY2017 | $17.7MFY2026 | −3.9%/yr | |
| Cash & short-term investments | $13,074FY2018 | $883,739FY2026 | +69.3%/yr | |
| Total debt | $16.2MFY2017 | $11.6MFY2026 | −3.7%/yr | |
| Net cash (debt) | −$16.2MFY2017 | −$10.7MFY2026 | +$5.5M | |
| Working capital | $117,001FY2017 | $191,912FY2025 | +$74,911 | |
| Book value per share | $13.73FY2017 | $11.14FY2026 | −2.3%/yr | |
| Debt / equity | 0.64FY2017 | 0.65FY2026 | +0.01 | |
| Shares outstanding | 1.8MFY2017 | 1.6MFY2026 | −1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BHV assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
BHV liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
BHV debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BHV balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $883,739 | $1.1M | $792,630 | $4.8M | $2.0M | $929,315 | $1.0M | $6,133 | $13,074 | — |
| Cash & equivalents | $883,739 | $1.1M | $792,630 | −$4.8M | $39,000 | $929,315 | −$1.0M | $6,133 | — | — |
| Short-term investments | — | — | — | $4.8M | $1.9M | — | $1.0M | $451,886 | $13,074 | — |
| Receivables | $340,370 | $320,527 | $289,871 | $280,337 | $271,294 | $376,082 | $405,371 | $497,791 | $1.4M | $577,001 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $68,635 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1.2M | $335,676 | $1.2M | $280,337 | $347,884 | $376,082 | $405,371 | $503,924 | $1.4M | $577,001 |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $31.2M | $34.4M | $0 | $41.5M | $40.9M | $41.7M | $42.1M | $41.0M |
| Other non-current assets | $28.2M | $28.7M | $0 | $13,262 | $35.8M | $30,478 | $23,472 | $43,807 | $16,054 | $41,749 |
| Total assets | $29.4M | $29.1M | $31.5M | $34.7M | $36.2M | $41.9M | $41.3M | $42.2M | $43.5M | $41.6M |
| Liabilities | ||||||||||
| Accounts payable | — | — | $62,736 | $1.1M | — | $74,152 | $73,645 | $91,760 | $1.6M | $112,178 |
| Short-term debt | — | — | $2,028 | $2,314 | $3.0M | $924 | $27,244 | $5.4M | $0 | $277,536 |
| Deferred revenue | — | — | — | −$1.1M | — | $73,228 | $46,401 | −$5.3M | — | −$277,536 |
| Total current liabilities | — | $143,764 | $138,555 | $2,314 | $3.2M | $74,152 | $73,645 | $91,760 | $1.7M | $460,000 |
| Long-term debt | $0 | $0 | $0 | $0 | $14.6M | $16.4M | $16.4M | $16.9M | $17.8M | $15.9M |
| Other long-term liabilities | $11.7M | $11.6M | $11.6M | $14.7M | $0 | $0 | $0 | $0 | $0 | $3,690 |
| Total liabilities | $11.7M | $11.7M | $11.7M | $14.7M | $14.7M | $74,152 | $16.6M | $91,760 | $19.5M | $16.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $21.7M | $22.0M | $22.5M | $22.8M | $23.0M | $22.9M | $22.9M | $22.9M | $22.9M | $22.8M |
| Retained earnings (deficit) | −$4.0M | −$4.6M | −$2.7M | −$2.8M | −$1.5M | $2.4M | $1.8M | $2.2M | $157,423 | $246,316 |
| Accumulated other comprehensive income | — | — | — | — | $0 | $0 | $0 | $0 | $958,054 | $2.1M |
| Total shareholders' equity | $17.7M | $17.4M | $19.8M | $20.0M | $21.5M | $41.8M | $24.7M | $42.2M | $24.0M | $25.2M |
| Key figures | ||||||||||
| Total debt | $11.6M | $11.6M | $11.6M | $13.6M | $17.6M | $16.4M | $16.4M | $22.3M | $17.8M | $16.2M |
| Net cash (debt) | −$10.7M | −$10.5M | −$10.8M | −$8.7M | −$15.6M | −$15.5M | −$15.4M | −$22.3M | −$17.8M | −$16.2M |
| Working capital | — | $191,912 | $1.0M | $278,023 | −$2.8M | $301,930 | $331,726 | $412,164 | −$303,287 | $117,001 |
| Tangible book value | $17.7M | $17.4M | $19.8M | $20.0M | $21.5M | $41.8M | $24.7M | $42.2M | $24.0M | $25.2M |
| Book value per share | $11.14 | $10.94 | $12.48 | $12.44 | — | $25.98 | $15.38 | $26.24 | $14.97 | $13.73 |
| Shares outstanding | 1.6M | 1.6M | 1.6M | 1.6M | — | 1.6M | 1.6M | 1.6M | 1.6M | 1.8M |
| Current ratio | — | 2.33 | 8.31 | 121.15 | 0.11 | 5.07 | 5.50 | 5.49 | 0.82 | 1.25 |
| Quick ratio | — | 9.92 | 7.81 | 2,203.87 | 0.70 | 17.60 | 19.20 | 5.49 | 0.83 | 1.25 |
| Debt / equity | 0.65 | 0.67 | 0.58 | 0.68 | 0.82 | 0.39 | 0.67 | 0.53 | 0.74 | 0.64 |
| Equity / assets | 60.2% | 59.8% | 62.9% | 57.6% | 59.3% | 99.8% | 59.9% | 99.8% | 55.2% | 60.7% |
| Jul '26 | Jan '26 | Jul '25 | Jan '25 | Jul '24 | Jan '24 | Oct '23 | Jul '23 | Apr '23 | Jan '23 | Oct '22 | Jul '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $883,739 | $1.6M | $1.1M | $1.0M | $792,630 | $672,789 | $672,789 | $4.8M | $4.8M | $11,484 | $11,484 | $2.0M |
| Cash & equivalents | $883,739 | $1.6M | $1.1M | — | $792,630 | $22,000 | $22,000 | −$4.8M | — | $11,484 | $11,484 | $39,000 |
| Short-term investments | — | — | — | $1.0M | — | $650,789 | $650,789 | $4.8M | $4.8M | $1.3M | $1.3M | $1.9M |
| Receivables | $340,370 | $338,742 | $320,527 | $489,585 | $289,871 | $295,955 | $295,955 | $280,337 | $280,337 | $294,845 | $294,845 | $271,294 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.7M | $1.7M | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $68,635 | $0 | — | $0 | $0 | $0 | $0 | — |
| Total current assets | $1.2M | $1.9M | $335,676 | −$1 | $1.2M | $319,970 | — | $280,337 | $280,337 | $11,484 | $306,329 | — |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $29.7M | $0 | $30.5M | $31.2M | $31.2M | $31.2M | $34.4M | $34.4M | $34.0M | $34.0M | $0 |
| Other non-current assets | $28.2M | $0 | $28.7M | $507,003 | $0 | $0 | $319,970 | $13,262 | $13,262 | $411,977 | $117,132 | $36.2M |
| Total assets | $29.4M | $30.1M | $29.1M | $31.0M | $31.5M | $31.5M | $31.5M | $34.7M | $34.7M | $34.4M | $34.4M | $36.2M |
| Liabilities | ||||||||||||
| Accounts payable | — | $72,265 | — | $81,795 | $62,736 | $62,735 | $62,735 | $1.1M | $1.1M | $51,815 | $51,815 | — |
| Short-term debt | — | $24,568 | — | $703 | $2,028 | — | — | $2,314 | $2,314 | $2.0M | $2.0M | $0 |
| Deferred revenue | — | — | — | — | — | — | — | $1.1M | $1.1M | −$1.9M | −$1.9M | — |
| Total current liabilities | — | $24,568 | $143,764 | — | $69,598 | $62,735 | $62,735 | $2,314 | $1.1M | $51,815 | $51,815 | — |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.6M |
| Other long-term liabilities | $11.7M | $11.8M | $11.6M | $11.6M | $11.6M | $11.7M | $11.7M | $14.7M | $2,314 | $13.7M | $51,815 | $183,313 |
| Total liabilities | $11.7M | $11.8M | $11.7M | $11.7M | $11.7M | $11.7M | $11.7M | $14.7M | $14.7M | $13.7M | $13.7M | $14.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $21.7M | $22.0M | $22.0M | $22.5M | $22.5M | $22.6M | $22.6M | $22.8M | $22.8M | $23.0M | $23.0M | $23.0M |
| Retained earnings (deficit) | −$4.0M | −$3.7M | −$4.6M | −$3.2M | −$2.7M | −$2.8M | −$2.8M | −$2.8M | −$2.8M | −$2.2M | −$2.2M | −$1.5M |
| Accumulated other comprehensive income | — | — | — | — | — | $0 | — | — | — | $0 | $0 | — |
| Total shareholders' equity | $17.7M | $18.3M | $17.4M | $19.3M | $19.8M | $19.8M | $19.8M | $20.0M | $20.0M | $20.7M | $20.7M | $21.5M |
| Key figures | ||||||||||||
| Total debt | $11.6M | $11.6M | $11.6M | $11.6M | $11.6M | $11.6M | $11.6M | $13.6M | $2,314 | $13.6M | $13.6M | $14.6M |
| Net cash (debt) | −$10.7M | −$10.0M | −$10.5M | −$10.5M | −$10.8M | −$10.9M | −$10.9M | −$8.7M | $4.8M | −$13.5M | −$13.5M | −$12.6M |
| Working capital | — | $1.9M | $191,912 | — | $1.1M | $257,235 | — | $278,023 | −$789,013 | −$40,331 | $254,514 | — |
| Tangible book value | $17.7M | $18.3M | $17.4M | $19.3M | $19.8M | $19.8M | $19.8M | $20.0M | $20.0M | $20.7M | $20.7M | $21.5M |
| Book value per share | $11.14 | $11.53 | $10.94 | $12.15 | $12.48 | $12.49 | $12.49 | $12.44 | $12.44 | $12.87 | $12.87 | $13.32 |
| Shares outstanding | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M | 1.6M |
| Current ratio | — | 77.63 | 2.33 | — | 16.54 | 5.10 | — | 121.15 | 0.26 | 0.22 | 5.91 | — |
| Quick ratio | — | 77.63 | 9.92 | — | 15.55 | 15.44 | 15.44 | 2,203.87 | 4.77 | 5.91 | 5.91 | — |
| Debt / equity | 0.65 | 0.63 | 0.67 | 0.60 | 0.58 | 0.58 | 0.58 | 0.68 | 0.00 | 0.65 | 0.65 | 0.68 |
| Equity / assets | 60.2% | 60.9% | 59.8% | 62.2% | 62.9% | 62.9% | 62.9% | 57.6% | 57.6% | 60.2% | 60.2% | 59.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 31, 2026); data from EODHD.
BHV financial position
At the end of fiscal 2026 (July 31, 2026), BlackRock Virginia Municipal Bond had total assets of $29.4 million (up 1.1% from a year earlier), total liabilities of $11.7 million and shareholders' equity of $17.7 million. It held $0.9 million in cash and short-term investments against $11.6 million of debt, net debt of $10.7 million.
Related: BHV income statement, BHV cash flow statement, BHV key metrics. See the BHV stock overview for the latest quote and news.
BHV balance sheet FAQ
What are BlackRock Virginia Municipal Bond's total assets?
BlackRock Virginia Municipal Bond reported total assets of $29.4 million at the end of fiscal 2026 (July 31, 2026), compared with $29.1 million a year earlier.
How much debt does BlackRock Virginia Municipal Bond have?
BlackRock Virginia Municipal Bond had $11.6 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.65.
How much cash does BlackRock Virginia Municipal Bond have?
BlackRock Virginia Municipal Bond held $0.9 million in cash and short-term investments at the end of fiscal 2026; with $11.6 million of debt that is net debt of $10.7 million.
What is BlackRock Virginia Municipal Bond's book value?
BlackRock Virginia Municipal Bond's shareholders' equity (book value) was $17.7 million at the end of fiscal 2026, or $11.14 per share.