BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) Balance Sheet
BUI balance sheet, 2025
December 31, 2025 · U.S. dollars$591.9M assets = $805,095 liabilities + $591.0M equity
Both columns are drawn to the same scale: what BUI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BUI financial health
Descriptive bands, not a rating. Fiscal 2025.
BUI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $333.2M2016 | $591.9M2025 | +6.6%/yr | |
| Total liabilities | $5.0M2016 | $805,0952025 | −18.3%/yr | |
| Shareholders’ equity | $328.3M2016 | $591.0M2025 | +6.8%/yr | |
| Cash & short-term investments | $4.6M2016 | $17.5M2025 | +15.9%/yr | |
| Total debt | $1042017 | $10,1562025 | +77.3%/yr | |
| Net cash (debt) | $6.4M2017 | $17.5M2025 | +$11.1M | |
| Working capital | $880,0662017 | $20.1M2025 | +$19.2M | |
| Book value per share | $19.422016 | $26.152025 | +3.4%/yr | |
| Debt / equity | 0.002017 | 0.002025 | 0.00 | |
| Shares outstanding | 16.9M2016 | 22.6M2025 | +3.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BUI assets
BUI liabilities and equity
BUI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BUI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $17.5M | $13.3M | $7.0M | $2,843 | $589,258 | $295,557 | $61,749 | $9.8M | $6.4M | $4.6M |
| Cash & equivalents | $106,033 | $225,175 | $430,368 | $2,843 | $589,258 | $295,557 | $61,749 | $57 | $60 | $25,639 |
| Short-term investments | $17.4M | $13.1M | $6.6M | $11.3M | $7.4M | $8.4M | $12.7M | $9.8M | $6.4M | $4.6M |
| Receivables | $2.6M | $1.3M | $811,783 | $1.0M | $1.5M | $1.7M | $1.1M | $885,326 | $880,170 | $856,924 |
| Inventory | $0 | $0 | $0 | $12.5M | $9.6M | $11.1M | $14.6M | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Total current assets | $20.1M | $13.3M | $430,368 | $1.1M | $2.1M | $2.0M | $1.1M | $885,326 | $880,170 | — |
| 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 | $589.0M | $512.2M | $514.7M | $501.2M | $563.9M | $448.6M | $385.8M | $319.8M | $358.5M | $0 |
| Other non-current assets | $0 | $0 | $916,209 | $296,837 | $89,168 | $838,649 | $888,113 | $0 | $18,644 | $333.2M |
| Total assets | $591.9M | $513.8M | $516.1M | $502.5M | $566.1M | $451.4M | $387.8M | $320.7M | $359.4M | $333.2M |
| Liabilities | ||||||||||
| Accounts payable | $0 | — | $0 | $150,324 | $0 | $707,712 | $0 | $0 | $0 | — |
| Short-term debt | $10,156 | $18,735 | — | — | — | — | — | $126,775 | $104 | — |
| Total current liabilities | $10,156 | — | −$512,600 | $150,324 | — | $707,712 | — | $126,775 | $104 | — |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $794,939 | $2.4M | $9.6M | $4.0M | $6.3M | $6.9M | $4.5M | $126,775 | $104 | $5.0M |
| Total liabilities | $805,095 | $3.0M | $9.6M | $4.1M | $6.3M | $6.9M | $4.5M | $1.8M | $1.6M | $5.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $409.5M | $370.9M | $376.9M | $383.5M | $381.4M | $314.9M | $289.1M | $282.5M | $281.6M | $280.9M |
| Retained earnings (deficit) | $181.5M | $140.0M | $129.5M | $114.9M | $178.4M | $129.7M | $94.2M | $36.5M | $3.1M | $2.4M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | $36.5M | $73.0M | $44.9M |
| Total shareholders' equity | $591.0M | $510.9M | $506.5M | $498.4M | $559.8M | $444.5M | $383.3M | $318.9M | $357.8M | $328.3M |
| Key figures | ||||||||||
| Total debt | $10,156 | $18,735 | — | — | — | — | — | $126,775 | $104 | — |
| Net cash (debt) | $17.5M | $13.3M | — | — | — | — | — | $9.7M | $6.4M | — |
| Working capital | $20.1M | — | $942,968 | $899,985 | — | $1.3M | — | $758,551 | $880,066 | — |
| Tangible book value | $591.0M | $510.9M | $506.5M | $498.4M | $559.8M | $444.5M | $383.3M | $318.9M | $357.8M | $328.3M |
| Book value per share | $26.15 | $22.81 | $22.60 | $22.37 | $25.86 | $24.63 | $22.02 | $18.95 | $21.13 | $19.42 |
| Shares outstanding | 22.6M | 22.4M | 22.4M | 22.3M | 21.7M | 18.0M | 17.4M | 16.8M | 16.9M | 16.9M |
| Current ratio | 1,981.08 | — | — | 6.99 | — | 2.80 | — | 6.98 | 8,463.17 | — |
| Quick ratio | 1,981.08 | — | — | 6.99 | — | 2.80 | — | 84.27 | 69,779.43 | — |
| Debt / equity | 0.00 | 0.00 | — | — | — | — | — | 0.00 | 0.00 | — |
| Equity / assets | 99.9% | 99.4% | 98.1% | 99.2% | 98.9% | 98.5% | 98.8% | 99.4% | 99.6% | 98.5% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $24.8M | $17.5M | $92,023 | $13.3M | $109,705 | $7.0M | $14.6M | $2,843 | $15.6M | $589,258 | $428,359 | $295,557 |
| Cash & equivalents | $148,724 | $106,033 | $92,023 | $225,175 | $109,705 | $430,368 | $0 | $2,843 | $675,170 | $589,258 | $428,359 | $295,557 |
| Short-term investments | $24.6M | $17.4M | $12.3M | $13.1M | $6.1M | $6.6M | $14.6M | $11.3M | $14.9M | $7.4M | $8.0M | $8.4M |
| Receivables | $1.5M | $2.6M | $911,632 | $1.3M | $1.7M | $811,783 | $1.2M | $1.0M | $1.5M | $1.5M | $1.9M | $1.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.5M | $0 | $9.6M | $10.5M | $11.1M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $26.3M | $20.1M | $1.0M | $13.3M | $1.9M | $1.2M | $1.2M | $1.1M | $1.5M | $2.1M | $2.3M | $2.0M |
| 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 | $589.0M | $572.6M | $512.2M | $501.9M | $514.7M | $522.0M | $501.2M | $481.1M | $563.9M | $506.7M | $448.6M |
| Other non-current assets | $725.7M | $0 | $116,155 | $0 | $106,426 | $104,426 | $101,917 | $296,837 | $704,497 | $89,168 | $236,251 | $838,649 |
| Total assets | $751.9M | $591.9M | $573.7M | $513.8M | $503.9M | $516.1M | $523.3M | $502.5M | $483.2M | $566.1M | $509.3M | $451.4M |
| Liabilities | ||||||||||||
| Accounts payable | — | $0 | $1,191 | — | $162,092 | $0 | $32,429 | $150,324 | $115 | $0 | $449,794 | $707,712 |
| Short-term debt | $1,885 | $10,156 | $26,249 | $18,735 | — | — | $9,339 | — | $53,595 | — | $20,608 | — |
| Deferred revenue | — | — | — | — | — | — | $23,090 | — | −$53,480 | — | $429,186 | — |
| Total current liabilities | $1,885 | $10,156 | $1,191 | — | $775,393 | — | $32,429 | $150,324 | $115 | — | $449,794 | $707,712 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $10.1M | $794,939 | $6.9M | $2.4M | $4.1M | $9.6M | $9,339 | $150,324 | $115 | $6.3M | $20,608 | $6.9M |
| Total liabilities | $10.1M | $805,095 | $6.9M | $3.0M | $4.1M | $9.6M | $8.3M | $4.1M | $4.6M | $6.3M | $4.0M | $6.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $475.0M | $409.5M | $374.6M | $370.9M | $376.9M | $376.9M | $387.0M | $383.5M | $392.6M | $381.4M | $356.4M | $314.9M |
| Retained earnings (deficit) | $266.8M | $181.5M | $192.2M | $140.0M | $122.8M | $129.5M | $128.0M | $114.9M | $86.0M | $178.4M | $148.9M | $129.7M |
| Total shareholders' equity | $741.9M | $591.0M | $566.8M | $510.9M | $499.8M | $506.5M | $515.0M | $498.4M | $478.6M | $559.8M | $505.3M | $444.5M |
| Key figures | ||||||||||||
| Total debt | $1,885 | $10,156 | $26,249 | $18,735 | — | — | $9,339 | — | $53,595 | — | $20,608 | — |
| Net cash (debt) | $24.8M | $17.5M | $65,774 | $13.3M | — | — | $14.6M | — | $15.5M | — | $407,751 | — |
| Working capital | $26.3M | $20.1M | $1.0M | — | $1.1M | — | $1.1M | $899,985 | $1.5M | — | $1.8M | $1.3M |
| Tangible book value | $741.9M | $591.0M | $566.8M | $510.9M | $499.8M | $506.5M | $515.0M | $498.4M | $478.6M | $559.8M | $505.3M | $444.5M |
| Book value per share | $30.12 | $24.56 | $25.00 | $22.62 | $22.24 | $22.53 | $22.96 | $22.39 | $21.66 | $28.20 | $26.67 | $25.07 |
| Shares outstanding | 24.6M | 24.1M | 22.7M | 22.6M | 22.5M | 22.5M | 22.4M | 22.3M | 22.1M | 19.8M | 18.9M | 17.7M |
| Current ratio | 13,942.63 | 1,981.08 | 842.70 | — | 2.40 | — | 35.85 | 6.99 | 12,777.71 | — | 5.11 | 2.80 |
| Quick ratio | 13,942.63 | 1,981.08 | 842.70 | — | 2.40 | — | 487.12 | 6.99 | 148,368.65 | — | 5.11 | 2.80 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | — | — | 0.00 | — | 0.00 | — | 0.00 | — |
| Equity / assets | 98.7% | 99.9% | 98.8% | 99.4% | 99.2% | 98.1% | 98.4% | 99.2% | 99.0% | 98.9% | 99.2% | 98.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
BUI financial position
At the end of fiscal 2025 (December 31, 2025), BlackRock Utilities, Infrastructure & Power Opportunities had total assets of $591.9 million (up 15.2% from a year earlier), total liabilities of $0.8 million and shareholders' equity of $591.0 million. It held $17.5 million in cash and short-term investments against $0.0 million of debt, a net cash position of $17.5 million. Its current ratio was 1,981.08. In the latest quarter (ended June 30, 2026) total assets were $751.9 million and equity $741.9 million.
Related: BUI income statement, BUI cash flow statement, BUI key metrics. See the BUI stock overview for the latest quote and news.
BUI balance sheet FAQ
What are BlackRock Utilities, Infrastructure & Power Opportunities's total assets?
BlackRock Utilities, Infrastructure & Power Opportunities reported total assets of $591.9 million at the end of fiscal 2025 (December 31, 2025), compared with $513.8 million a year earlier.
How much debt does BlackRock Utilities, Infrastructure & Power Opportunities have?
BlackRock Utilities, Infrastructure & Power Opportunities had $0.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does BlackRock Utilities, Infrastructure & Power Opportunities have?
BlackRock Utilities, Infrastructure & Power Opportunities held $17.5 million in cash and short-term investments at the end of fiscal 2025; with $0.0 million of debt that is net cash of $17.5 million.
What is BlackRock Utilities, Infrastructure & Power Opportunities's book value?
BlackRock Utilities, Infrastructure & Power Opportunities's shareholders' equity (book value) was $591.0 million at the end of fiscal 2025, or $26.15 per share.
What is BlackRock Utilities, Infrastructure & Power Opportunities's current ratio?
BlackRock Utilities, Infrastructure & Power Opportunities had current assets of $20.1 million and current liabilities of $0.0 million, a current ratio of 1,981.08 (it can cover its short-term obligations).