BlackRock MuniYield Michigan Quality Fund, Inc.

MIY

NYSE

11.77

USD

-0.02(-0.17%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

BlackRock MuniYield Michigan Quality Fund, Inc. fundamentals

Overview Income Statement Balance Sheet Cash Flow

MIY Income Statement

AnnualQuarterly

Period Ending	Jul 31, 2013	Jul 31, 2014	Jul 31, 2015	Jul 31, 2016	Jul 31, 2017	Jul 31, 2018	Jul 31, 2019	Jul 31, 2020	Jul 31, 2021	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024
Total Revenue	20,747,238	36,463,250	19,319,761	29,287,344	-2,905,028	8,504,740	39,057,922	24,634,200	24,566,127	-53,166,361	-4,001,290	25,598,689
Cost of Revenue	0	0	0	0	0	3,837,457	3,799,256	3,866,575	3,815,945	3,662,860	-28,782,133	7,023,629
Gross Profit	20,747,238	36,463,250	19,319,761	29,287,344	-2,905,028	4,667,283	35,258,666	20,767,625	20,750,182	-56,829,221	24,780,843	18,575,060
Gross Profit Margin	1	1	1	1	1	0.549	0.903	0.843	0.845	1.069	-6.193	0.726
R&D Expenses	0	0	0	0	0	0.25	1.386	0.954	0.891	-2.328	-3.351	0
General & Administrative Expenses	2,590,072	258,478	2,648,324	4,140,933	383,836	385,242	1,238,509	5,409,147	284,091	312,753	311,465	298,545
Selling & Marketing Expenses	0	0	0	0	0	0	0	126,772	0	0	0	0
SG&A Expenses	2,590,072	258,478	2,648,324	4,140,933	383,836	385,242	1,238,509	5,535,919	284,091	312,753	311,465	298,545
Other Expenses	0	31,352	0	0	35,211	32,677	32,314	30,522	35,321	-69,432,932	6,494,190	0
Total Operating Expenses	39,178,239	289,830	2,357,801	24,008,864	419,047	417,919	1,270,823	1,861,081	319,412	344,606	343,087	184,742
Total Costs & Expenses	39,178,239	289,830	2,357,801	24,008,864	419,047	-16,213,700	1,270,823	1,861,081	319,412	-75,450,944	20,324,438	3,209,800
Interest Income	0	19,701,379	0	0	30,625,051	29,990,922	29,225,035	0	0	0	0	25,160,678
Interest Expense	1,774,295	1,606,798	1,574,384	2,730,215	4,537,774	5,725,433	6,076,291	4,012,359	2,759,468	3,400,162	8,892,605	10,234,088
Depreciation & Amortization	-18,157,166	1,606,798	-16,671,437	-25,146,411	-26,584,107	-25,986,904	-24,406,818	-22,753,839	-22,949,267	-21,288,682	-21,367,044	0
EBITDA	-38,362,462	-17,319,427	0	0	1,213,699	-12,174,650	0	0	0	-50,110,805	-16,818,816	0
EBITDA Margin	-1.849	-0.475	0	0	-0.418	-1.432	0	0	0	0.943	4.203	0
Operating Income	18,157,166	36,173,420	16,671,437	25,146,411	1,213,699	25,986,904	37,787,099	22,773,119	24,246,715	21,288,682	21,367,044	22,388,889
Operating Income Margin	0.875	0.992	0.863	0.859	-0.418	3.056	0.967	0.924	0.987	-0.4	-5.34	0.875
Total Other Income/Expenses (Net)	-38,362,462	18,926,225	3,431,742	25,419,582	-29,908,183	-17,900,084	13,380,281	19,280	1,297,448	-74,799,649	-25,711,421	-4,065,072
Income Before Tax	-20,205,296	36,173,420	20,103,179	50,565,993	-3,324,075	8,086,821	37,787,099	22,773,119	24,246,715	-53,510,967	-4,344,377	18,323,817
Pre-Tax Income Margin	-0.974	0.992	1.041	1.727	1.144	0.951	0.967	0.924	0.987	1.006	1.086	0.716
Income Tax Expense	0	-1,606,798	0	0	26,584,107	0	17,464,097	0	0	0	0	0
Net Income	-20,205,296	36,173,420	20,103,179	50,565,993	-3,324,075	8,086,821	37,787,099	22,773,119	24,246,715	-53,510,967	-4,344,377	18,323,817
Net Income Margin	-0.974	0.992	1.041	1.727	1.144	0.951	0.967	0.924	0.987	1.006	1.086	0.716
Earnings Per Share (EPS)	-1.11	1.98	1.1	1.71	-0.11	0.27	1.28	0.77	0.82	-1.81	-0.13	0.63
Diluted Earnings Per Share (EPS)	-1.11	1.98	1.1	1.71	-0.11	0.27	1.28	0.77	0.82	-1.81	-0.13	0.63
Weighted Average Shares Outstanding	18,248,920	18,248,915	18,248,924	29,578,280	29,578,357	29,578,269	29,578,269	29,575,479	29,509,535	29,515,931	33,418,285	28,964,750
Weighted Average Shares Outstanding (Diluted)	18,248,909	18,269,404	18,248,909	29,578,269	30,218,864	29,951,189	29,578,269	29,575,479	29,509,535	29,564,070	33,418,285	28,964,750