Blackrock Asset Turnover from 2010 to 2024

BTT Stock  USD 21.08  0.04  0.19%   
Blackrock Municipal Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover will likely drop to 0.03 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Blackrock Municipal Target uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.03507589
Current Value
0.0253
Quarterly Volatility
0.03000374
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blackrock Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackrock Municipal's main balance sheet or income statement drivers, such as Interest Expense of 45.5 M, Selling General Administrative of 10.8 M or Selling And Marketing Expenses of 28.8 K, as well as many indicators such as Price To Sales Ratio of 17.27, Dividend Yield of 0.0398 or PTB Ratio of 1.25. Blackrock financial statements analysis is a perfect complement when working with Blackrock Municipal Valuation or Volatility modules.
  
Check out the analysis of Blackrock Municipal Correlation against competitors.

Latest Blackrock Municipal's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Blackrock Municipal Target over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Blackrock Municipal's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blackrock Municipal's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

Blackrock Asset Turnover Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation122.93
Mean Deviation0.02
Median0.03
Standard Deviation0.03
Sample Variance0.0009
Range0.1273
R-Value(0.27)
Mean Square Error0.0009
R-Squared0.07
Significance0.34
Slope(0)
Total Sum of Squares0.01

Blackrock Asset Turnover History

2024 0.0253
2023 0.0351
2022 -2.44E-4
2021 -0.0589
2020 0.0427
2019 0.0361
2018 0.0685

Other Fundumenentals of Blackrock Municipal

Blackrock Municipal Asset Turnover component correlations

0.250.980.580.730.4-0.130.190.0-0.39-0.2-0.37-0.180.21-0.370.21-0.37-0.01-0.13
0.250.120.70.66-0.340.190.18-0.04-0.610.190.330.2-0.2-0.02-0.2-0.10.590.19
0.980.120.530.670.44-0.170.190.05-0.32-0.12-0.42-0.140.12-0.280.12-0.29-0.03-0.11
0.580.70.530.940.14-0.030.340.22-0.5-0.03-0.1-0.21-0.04-0.3-0.04-0.370.18-0.28
0.730.660.670.940.27-0.030.260.08-0.63-0.12-0.23-0.220.07-0.360.07-0.460.11-0.23
0.4-0.340.440.140.27-0.40.520.240.28-0.3-0.97-0.320.34-0.330.34-0.27-0.53-0.27
-0.130.19-0.17-0.03-0.03-0.4-0.240.09-0.290.010.46-0.01-0.010.18-0.01-0.150.09-0.01
0.190.180.190.340.260.52-0.240.290.380.12-0.540.06-0.090.06-0.090.140.00.05
0.0-0.040.050.220.080.240.090.290.240.27-0.180.03-0.180.03-0.18-0.060.09-0.02
-0.39-0.61-0.32-0.5-0.630.28-0.290.380.240.06-0.310.060.010.180.010.42-0.180.05
-0.20.19-0.12-0.03-0.12-0.30.010.120.270.060.110.92-0.970.89-0.970.840.80.82
-0.370.33-0.42-0.1-0.23-0.970.46-0.54-0.18-0.310.110.13-0.150.14-0.150.060.390.09
-0.180.2-0.14-0.21-0.22-0.32-0.010.060.030.060.920.13-0.850.85-0.850.870.840.97
0.21-0.20.12-0.040.070.34-0.01-0.09-0.180.01-0.97-0.15-0.85-0.891.0-0.81-0.73-0.71
-0.37-0.02-0.28-0.3-0.36-0.330.180.060.030.180.890.140.85-0.89-0.890.890.60.75
0.21-0.20.12-0.040.070.34-0.01-0.09-0.180.01-0.97-0.15-0.851.0-0.89-0.81-0.73-0.71
-0.37-0.1-0.29-0.37-0.46-0.27-0.150.14-0.060.420.840.060.87-0.810.89-0.810.630.79
-0.010.59-0.030.180.11-0.530.090.00.09-0.180.80.390.84-0.730.6-0.730.630.8
-0.130.19-0.11-0.28-0.23-0.27-0.010.05-0.020.050.820.090.97-0.710.75-0.710.790.8
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About Blackrock Municipal Financial Statements

Blackrock Municipal shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Blackrock Municipal investors may analyze each financial statement separately, they are all interrelated. The changes in Blackrock Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Blackrock Municipal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Asset Turnover 0.04  0.03 

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Additional Tools for Blackrock Stock Analysis

When running Blackrock Municipal's price analysis, check to measure Blackrock Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Municipal is operating at the current time. Most of Blackrock Municipal's value examination focuses on studying past and present price action to predict the probability of Blackrock Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Municipal's price. Additionally, you may evaluate how the addition of Blackrock Municipal to your portfolios can decrease your overall portfolio volatility.