BlackRock Current Ratio from 2010 to 2024

BUI Stock  USD 23.20  0.08  0.34%   
BlackRock Utility's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 7.63. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
8.04
Current Value
7.63
Quarterly Volatility
4.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BlackRock Utility financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock Utility's main balance sheet or income statement drivers, such as Interest Expense of 3.2 K, Selling General Administrative of 414 K or Total Revenue of 33.6 M, as well as many indicators such as Price To Sales Ratio of 13.82, Dividend Yield of 0.0732 or PTB Ratio of 0.78. BlackRock financial statements analysis is a perfect complement when working with BlackRock Utility Valuation or Volatility modules.
  
Check out the analysis of BlackRock Utility Correlation against competitors.

Latest BlackRock Utility's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of BlackRock Utility Infrastructure over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. BlackRock Utility's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock Utility's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

BlackRock Current Ratio Regression Statistics

Arithmetic Mean4,517
Geometric Mean276.93
Coefficient Of Variation96.70
Mean Deviation4,210
Median8,463
Standard Deviation4,367
Sample Variance19.1M
Range8.5K
R-Value(0.87)
Mean Square Error5.1M
R-Squared0.75
Significance0.00003
Slope(845.65)
Total Sum of Squares267M

BlackRock Current Ratio History

2024 7.63
2023 8.04
2021 6.99
2019 2.8
2018 6.98

About BlackRock Utility Financial Statements

Investors use fundamental indicators, such as BlackRock Utility's Current Ratio, to determine how well the company is positioned to perform in the future. Although BlackRock Utility's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 8.04  7.63 

Currently Active Assets on Macroaxis

When determining whether BlackRock Utility offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Utility's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Utility Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Utility Infrastructure Stock:
Check out the analysis of BlackRock Utility Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock Utility. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock Utility listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.73
The market value of BlackRock Utility is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Utility's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Utility's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Utility's market value can be influenced by many factors that don't directly affect BlackRock Utility's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Utility's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Utility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Utility's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.