Blackrock California Municipal Stock Working Capital

BFZ Stock  USD 11.67  0.09  0.78%   
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.
Last ReportedProjected for Next Year
Change In Working Capital-176.1 K-167.3 K
Change In Working Capital is likely to rise to about (167.3 K) in 2024.
  
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BlackRock California Municipal Company Working Capital Analysis

BlackRock California's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

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BlackRock Working Capital 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 Working Capital. 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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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

In accordance with the company's disclosures, BlackRock California Municipal has a Working Capital of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The working capital for all United States stocks is 100.0% higher than that of the company.

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.
201920202021202220232024 (projected)
Market Cap430.7M435.1M470.4M350.9M361.7M501.5M
Enterprise Value430.9M435.1M470.3M560.3M361.7M651.5M

BlackRock Fundamentals

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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Additional Tools for BlackRock Stock Analysis

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.