Blackrock Municipal Financials

BTT Stock  USD 21.24  0.08  0.38%   
Based on the analysis of Blackrock Municipal's profitability, liquidity, and operating efficiency, Blackrock Municipal Target is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Blackrock Municipal's Other Assets are comparatively stable compared to the past year. Net Receivables is likely to gain to about 28.9 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 726.4 M in 2024. Key indicators impacting Blackrock Municipal's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.50.523
Sufficiently Down
Slightly volatile
Current Ratio0.220.2366
Significantly Down
Slightly volatile
Investors should never underestimate Blackrock Municipal's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Blackrock Municipal's cash flow, debt, and profitability to make informed and accurate decisions about investing in Blackrock Municipal Target.

Net Income

44.72 Million

  
Understanding current and past Blackrock Municipal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Blackrock Municipal's financial statements are interrelated, with each one affecting the others. For example, an increase in Blackrock Municipal's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Blackrock Municipal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Blackrock Municipal Target. Check Blackrock Municipal's Beneish M Score to see the likelihood of Blackrock Municipal's management manipulating its earnings.

Blackrock Municipal Stock Summary

Blackrock Municipal competes with Invesco High, Blackrock Muniholdings, Nuveen California, MFS Investment, and Federated Premier. Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States. Blackrock Municipal is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS09257P1057
CUSIP09257P105
LocationDelaware; U.S.A
Business Address50 Hudson Yards,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.blackrock.com/investing/products/24146
Phone212 810 5300
CurrencyUSD - US Dollar

Blackrock Municipal Key Financial Ratios

Blackrock Municipal Key Balance Sheet Accounts

201920202021202220232024 (projected)
Net Tangible Assets1.9B1.9B1.7B1.7B1.9B1.7B
Retained Earnings179.2M245.5M26.0M(27.8M)(22.8M)(21.7M)
Common Stock1.7B1.7B1.7B1.7B1.6B1.7B
Total Assets2.9B2.9B2.7B2.5B2.4B2.9B
Other Current Liab(4.8M)(7.5M)(53.8M)(4.3M)(82.2M)(78.1M)
Net Debt1.1B1.0B1.0B907.5M819.4M884.5M
Accounts Payable4.8M7.5M53.7M4.3M10.8M17.1M
Other Assets43.0K3.4K21.7K13.8K104.3M109.5M
Net Receivables25.1M24.6M46.7M21.6M20.1M28.9M
Other Current Assets(78.9M)3.4K21.7K13.8K49.0K51.5K
Total Liab4.8M7.5M1.0B4.3M835.0M524.5M
Total Current Assets25.1M24.6M46.7M21.6M(84.2M)(80.0M)
Cash(53.8M)(51.0M)(53.0M)(88.2M)(79.4M)(83.3M)
Long Term Debt749.6M749.6M749.7M749.7M862.2M824.6M
Long Term Debt Total749.6M749.6M749.7M749.7M862.2M824.6M
Capital Stock1.7B1.7B1.7B1.7B1.6B1.3B

Blackrock Municipal Key Income Statement Accounts

The reason investors look at the income statement is to determine what Blackrock Municipal's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense16.1M6.8M9.3M31.0M36.9M45.5M
Total Revenue103.8M124.6M(161.5M)(606.9K)84.2M49.1M
Gross Profit103.8M124.6M(161.5M)(606.9K)37.3M42.1M
Operating Income102.9M124.0M(152.9M)(1.2M)73.9M58.2M
Ebit102.9M124.0M(152.9M)(1.2M)157.5M165.3M
Ebitda102.9M124.0M(152.9M)(1.2M)83.5M47.7M
Cost Of Revenue27.8M18.5M11.6M10.4M47.0M24.0M
Income Before Tax102.9M124.0M(162.1M)(1.2M)46.7M44.7M
Net Income102.9M124.0M(162.1M)(1.2M)46.7M44.7M
Income Tax Expense65.1M70.5M74.9M42.0M83.5M46.0M
Interest Income37.1M46.4M86.6M81.8M73.6M62.9M
Net Interest Income77.2M82.6M77.4M50.8M45.7M57.3M
Research Development1.091.281.670.010.0090.00855

Blackrock Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Municipal's current stock value. Our valuation model uses many indicators to compare Blackrock Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock Municipal competition to find correlations between indicators driving Blackrock Municipal's intrinsic value. More Info.
Blackrock Municipal Target is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.65  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Blackrock Municipal Target is roughly  1.53 . At this time, Blackrock Municipal's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Municipal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Blackrock Municipal Systematic Risk

Blackrock Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackrock Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Blackrock Municipal correlated with the market. If Beta is less than 0 Blackrock Municipal generally moves in the opposite direction as compared to the market. If Blackrock Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackrock Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackrock Municipal is generally in the same direction as the market. If Beta > 1 Blackrock Municipal moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Blackrock Municipal is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Blackrock has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Blackrock Municipal's financials are consistent with your investment objective using the following steps:
  • Review Blackrock Municipal's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Blackrock Municipal's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Blackrock Municipal's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Blackrock Municipal's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Blackrock Municipal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Blackrock Municipal's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Blackrock Municipal growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.006598)

At this time, Blackrock Municipal's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Blackrock Municipal November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Blackrock Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackrock Municipal Target. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackrock Municipal Target based on widely used predictive technical indicators. In general, we focus on analyzing Blackrock Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackrock Municipal's daily price indicators and compare them against related drivers.

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.