Blackrock Floating Rate Income Strategies Fund, Inc.

$FRA Market Cap: $494.7 Million

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Financial Snapshot

Revenue

$96.39M

TTM

Gross Margin

76.39%

TTM

Net Earnings

$53.36M

TTM

Current Assets

$9.451M

Q4 2023

Current Liabilities

$11.62M

Q4 2023

Current Ratio

81.32%

Q4 2023

Total Assets

$623.0M

Q4 2023

Total Liabilities

$155.7M

Q4 2023

Book Value

$467.3M

Q4 2023

Cash

P/E

9.270

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$56.86M	$39.52M	$31.02M	$32.51M	$13.08M	$41.69M	$38.72M	$36.77M	$39.13M	$41.01M	$43.25M	$43.25M
YoY Change	43.89%	27.4%	-4.58%	148.55%	-68.63%	7.67%	5.3%	-6.03%	-4.58%	-5.18%	0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$56.86M	$39.52M	$31.02M	$32.51M	$13.08M	$41.69M	$38.72M	$36.77M	$39.13M	$41.01M	$43.25M	$43.25M
Cost Of Revenue	$12.92M	$9.693M	$7.180M	$7.560M	$3.620M	$11.65M	$9.550M	$7.650M	$7.960M	$7.810M	$7.480M	$7.480M
Gross Profit	$43.94M	$29.83M	$23.84M	$24.95M	$9.460M	$30.05M	$29.17M	$29.12M	$31.17M	$33.20M	$35.77M	$35.77M
Gross Profit Margin	77.27%	75.47%	76.85%	76.75%	72.32%	72.08%	75.34%	79.19%	79.66%	80.96%	82.71%	82.71%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$316.0K	$348.0K	$339.3K	$370.0K	$260.0K	$660.0K	$690.0K	$660.0K	$710.0K	$610.0K	$540.0K	$540.0K
YoY Change	-9.18%	2.57%	-8.31%	42.31%	-60.61%	-4.35%	4.55%	-7.04%	16.39%	12.96%	0.0%
% of Gross Profit	0.72%	1.17%	1.42%	1.48%	2.75%	2.2%	2.37%	2.27%	2.28%	1.84%	1.51%	1.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$332.1K	$364.5K	$397.6K	$400.0K	$270.0K	$710.0K	$900.0K	$680.0K	$770.0K	$660.0K	$610.0K	$610.0K
YoY Change	-8.91%	-8.32%	-0.59%	48.15%	-61.97%	-21.11%	32.35%	-11.69%	16.67%	8.2%	0.0%
Operating Profit	$43.61M	$29.46M	$23.44M	$24.55M	$9.190M	$29.34M	$28.27M	$28.44M	$30.40M	$32.54M	$35.16M	$35.16M
YoY Change	48.01%	25.68%	-4.51%	167.14%	-68.68%	3.78%	-0.6%	-6.45%	-6.58%	-7.45%	0.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$19.10M	-$38.81M	$5.789M	-$19.69M	$6.140M	-$2.390M	$7.740M	-$5.300M	-$17.49M	$1.380M	$12.74M	$12.74M
YoY Change	-149.22%	-770.36%	-129.4%	-420.68%	-356.9%	-130.88%	-246.04%	-69.7%	-1367.39%	-89.17%	0.0%
% of Operating Profit	43.8%	-131.73%	24.7%	-80.2%	66.81%	-8.15%	27.38%	-18.64%	-57.53%	4.24%	36.23%	36.23%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$62.71M	-$9.348M	$29.23M	$4.860M	$15.32M	$26.91M	$36.01M	$23.13M	$12.85M	$33.88M	$47.90M	$47.90M
YoY Change	-770.87%	-131.98%	501.47%	-68.28%	-43.07%	-25.27%	55.69%	80.0%	-62.07%	-29.27%	0.0%
Income Tax										$10.00K	$60.00K	$60.00K
% Of Pretax Income										0.03%	0.13%	0.13%
Net Earnings	$62.71M	-$9.348M	$29.23M	$4.860M	$15.32M	$26.91M	$36.01M	$23.13M	$12.85M	$33.87M	$47.84M	$47.84M
YoY Change	-770.87%	-131.98%	501.47%	-68.28%	-43.07%	-25.27%	55.69%	80.0%	-62.06%	-29.2%	0.0%
Net Earnings / Revenue	110.28%	-23.65%	94.23%	14.95%	117.13%	64.55%	93.0%	62.9%	32.84%	82.59%	110.61%	110.61%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.78	-$0.27	$829.7K	$137.5K	$426.6K	$722.8K	$967.2K	$621.3K	$345.2K	$909.8K	$1.285M	$1.285M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$0.00	$3.187M	$1.634M	$3.600M	$2.700M	$500.0K	$5.100M	$1.000M	$9.500M	$300.0K	$3.000M	$3.000M
YoY Change	-100.0%	95.07%	-54.62%	33.33%	440.0%	-90.2%	410.0%	-89.47%	3066.67%	-90.0%	0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$4.430K	$3.770K	$3.290K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	17.51%	14.59%
Inventory
Prepaid Expenses
Receivables	$9.447M	$10.03M	$7.951M	$5.000M	$9.500M	$8.600M	$12.40M	$12.40M	$12.40M	$8.300M	$14.20M	$14.20M
Other Receivables	$0.00	$20.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$9.451M	$13.22M	$9.588M	$8.600M	$12.20M	$13.80M	$9.100M	$17.50M	$13.40M	$21.90M	$8.600M	$17.20M
YoY Change	-28.53%	37.93%	11.49%	-29.51%	-11.59%	51.65%	-48.0%	30.6%	-38.81%	154.65%	-50.0%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$612.8M	$588.8M	$729.3M	$718.7M	$743.8M	$812.6M	$816.8M	$811.7M	$763.1M	$816.6M	$803.8M	$803.8M
YoY Change	4.09%	-19.27%	1.48%	-3.37%	-8.47%	-0.51%	0.63%	6.37%	-6.55%	1.59%	0.0%
Other Assets	$21.19K	$9.050K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$100.0K	$1.200M	$1.200M
YoY Change	134.14%							-100.0%	100.0%	-91.67%	0.0%
Total Long-Term Assets	$613.6M	$589.2M	$729.8M	$718.6M	$743.8M	$808.0M	$825.3M	$807.6M	$771.9M	$803.7M	$814.0M	$805.4M
YoY Change	4.13%	-19.26%	1.56%	-3.39%	-7.95%	-2.1%	2.19%	4.62%	-3.96%	-1.27%	1.07%
Total Assets	$623.0M	$602.4M	$739.4M	$727.2M	$756.0M	$821.8M	$834.4M	$825.1M	$785.3M	$825.6M	$822.6M	$822.6M
YoY Change
Accounts Payable	$9.938M	$3.313M	$25.72M	$28.10M	$15.10M	$32.40M	$40.60M	$49.20M	$33.60M	$17.30M	$34.40M	$34.40M
YoY Change	199.96%	-87.12%	-8.46%	86.09%	-53.4%	-20.2%	-17.48%	46.43%	94.22%	-49.71%	0.0%
Accrued Expenses	$816.8K	$719.3K	$217.2K	$500.0K	$800.0K	$900.0K	$700.0K	$600.0K	$500.0K	$500.0K	$600.0K	$600.0K
YoY Change	13.56%	231.16%	-56.56%	-37.5%	-11.11%	28.57%	16.67%	20.0%	0.0%	-16.67%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$753.9K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$11.62M	$4.194M	$28.46M	$31.00M	$18.70M	$37.00M	$33.40M	$41.40M	$49.90M	$34.20M	$18.00M	$35.10M
YoY Change	177.11%	-85.26%	-8.18%	65.78%	-49.46%	10.78%	-19.32%	-17.03%	45.91%	90.0%	-48.72%
Long-Term Debt	$144.0M	$147.0M	$223.0M	$208.0M	$214.0M	$233.0M	$237.0M	$225.0M	$196.0M	$235.0M	$214.0M	$214.0M
YoY Change	-2.04%	-34.08%	7.21%	-2.8%	-8.15%	-1.69%	5.33%	14.8%	-16.6%	9.81%	0.0%
Other Long-Term Liabilities	$45.65K	$51.92K	$77.02K	$200.0K	$700.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$1.600M	$1.600M
YoY Change	-12.08%	-32.59%	-61.49%	-71.43%						-100.0%	0.0%
Total Long-Term Liabilities	$144.0M	$147.1M	$223.1M	$208.2M	$214.7M	$233.0M	$237.0M	$225.0M	$196.0M	$235.0M	$215.6M	$215.6M
YoY Change	-2.04%	-34.08%	7.15%	-3.03%	-7.85%	-1.69%	5.33%	14.8%	-16.6%	9.0%	0.0%
Total Liabilities	$155.7M	$151.2M	$251.5M	$239.2M	$233.4M	$266.4M	$278.4M	$274.9M	$230.2M	$253.1M	$250.8M	$250.8M
YoY Change	2.92%	-39.87%	5.16%	2.49%	-12.39%	-4.31%	1.27%	19.42%	-9.05%	0.92%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $494.66 Million

About BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC.

BlackRock Floating Rate Income Strategies Fund Inc is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2003-10-29. BlackRock Floating Rate Income Strategies Fund, Inc. is a closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments. The company seeks to achieve its investment objective by investing at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates. The company invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality. The Fund's investment advisor is BlackRock Advisors, LLC.

Industry: UNKNOWN Peers: