Blackrock California Municipal Stock Return On Asset
| BFZ Stock | USD 11.51 0.06 0.52% |
BlackRock California Municipal fundamentals help investors to digest information that contributes to BlackRock California's financial success or failures. It also enables traders to predict the movement of BlackRock Stock. The fundamental analysis module provides a way to measure BlackRock California's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BlackRock California stock.
Return On Assets is likely to drop to 0.02 in 2024. BlackRock | Return On Asset |
BlackRock California Municipal Company Return On Asset Analysis
BlackRock California's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current BlackRock California Return On Asset | 0.0217 |
Most of BlackRock California's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock California Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BlackRock Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackRock California is extremely important. It helps to project a fair market value of BlackRock Stock properly, considering its historical fundamentals such as Return On Asset. Since BlackRock California's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BlackRock California's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BlackRock California's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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BlackRock Total Assets
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Based on the latest financial disclosure, BlackRock California Municipal has a Return On Asset of 0.0217. This is 104.62% lower than that of the Capital Markets sector and 99.18% lower than that of the Financials industry. The return on asset for all United States stocks is 115.5% lower than that of the firm.
BlackRock Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock California's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BlackRock California could also be used in its relative valuation, which is a method of valuing BlackRock California by comparing valuation metrics of similar companies.BlackRock California is currently under evaluation in return on asset category among its peers.
BlackRock California Current Valuation Drivers
We derive many important indicators used in calculating different scores of BlackRock California from analyzing BlackRock California's financial statements. These drivers represent accounts that assess BlackRock California's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BlackRock California's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 430.7M | 435.1M | 470.4M | 350.9M | 361.7M | 501.5M | |
| Enterprise Value | 430.9M | 435.1M | 470.3M | 560.3M | 361.7M | 651.5M |
BlackRock Fundamentals
| Return On Equity | 0.0308 | ||||
| Return On Asset | 0.0217 | ||||
| Profit Margin | 0.48 % | ||||
| Operating Margin | 0.81 % | ||||
| Current Valuation | 516.45 M | ||||
| Shares Outstanding | 30.06 M | ||||
| Shares Owned By Institutions | 33.30 % | ||||
| Number Of Shares Shorted | 45.93 K | ||||
| Price To Earning | 13.39 X | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 13.82 X | ||||
| Revenue | 24.91 M | ||||
| Gross Profit | 23.96 M | ||||
| EBITDA | 12.01 M | ||||
| Net Income | 12.01 M | ||||
| Cash And Equivalents | 430.8 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 4.98 K | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | 12.86 X | ||||
| Cash Flow From Operations | 17.6 M | ||||
| Short Ratio | 0.70 X | ||||
| Earnings Per Share | 0.41 X | ||||
| Beta | 0.52 | ||||
| Market Capitalization | 344.23 M | ||||
| Total Asset | 597.02 M | ||||
| Retained Earnings | (35.76 M) | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.16 % | ||||
| Net Asset | 597.02 M | ||||
| Last Dividend Paid | 0.58 |
About BlackRock California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock California Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock California Municipal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running BlackRock California's price analysis, check to measure BlackRock California'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 California is operating at the current time. Most of BlackRock California's value examination focuses on studying past and present price action to predict the probability of BlackRock California'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 California's price. Additionally, you may evaluate how the addition of BlackRock California to your portfolios can decrease your overall portfolio volatility.