Blackrock Net Income vs Free Cash Flow Analysis
BIT Stock | USD 14.54 0.11 0.75% |
Blackrock Multi financial indicator trend analysis is way more than just evaluating Blackrock Multi Sector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Multi Sector is a good investment. Please check the relationship between Blackrock Multi Net Income and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Multi Sector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Multi Sector Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between Blackrock Multi's Net Income and Free Cash Flow is 0.02. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Blackrock Multi Sector, assuming nothing else is changed. The correlation between historical values of Blackrock Multi's Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Blackrock Multi Sector are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Blackrock Multi's Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Blackrock Multi Sector financial statement analysis. It represents the amount of money remaining after all of Blackrock Multi Sector operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Blackrock Multi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Multi Sector current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Multi Sector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Blackrock Multi's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.02 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.4 K in 2024.
Blackrock Multi fundamental ratios Correlations
Click cells to compare fundamentals
Blackrock Multi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackrock Multi fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 927.8M | 872.8M | 785.6M | 924.7M | |
Short Long Term Debt Total | 354.9M | 388.7M | 293.5M | 285.6M | 257.1M | 344.8M | |
Total Current Liabilities | 16.6M | 68.5M | 55.7M | 47.2M | 42.4M | 40.3M | |
Total Stockholder Equity | 662.9M | 676.4M | 552.6M | 520.8M | 468.7M | 544.1M | |
Net Debt | 353.0M | 386.0M | 292.6M | (639.5K) | (575.6K) | (546.8K) | |
Retained Earnings | (19.9M) | 6.2M | (103.3M) | (114.3M) | (102.9M) | (97.8M) | |
Accounts Payable | 16.6M | 68.5M | 55.7M | 47.2M | 54.2M | 29.7M | |
Cash | 101.0K | 881.9K | 888.4K | 639.5K | 575.6K | 546.8K | |
Non Current Assets Total | 1.0B | 1.1B | 874.9M | 834.5M | 959.6M | 1.1B | |
Non Currrent Assets Other | (1.0B) | (1.1B) | (874.9M) | (834.5M) | (959.6M) | (1.0B) | |
Other Assets | 17.5M | 19.3M | 21.4M | 11.5M | 10.3M | 9.8M | |
Cash And Short Term Investments | 101.0K | 881.9K | 888.4K | 6.3M | 5.7M | 3.7M | |
Common Stock Shares Outstanding | 47.9M | 37.6M | 37.7M | 37.9M | 43.6M | 42.7M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 927.8M | 872.8M | 785.6M | 924.7M | |
Non Current Liabilities Total | 353.1M | 386.9M | 55.7M | 285.6M | 328.5M | 195.0M | |
Total Liab | 394.5M | 476.0M | 375.2M | 352.0M | 316.8M | 380.6M | |
Total Current Assets | 12.8M | 17.7M | 31.4M | 26.9M | 30.9M | 17.7M | |
Short Term Debt | 354.9M | 388.5M | 293.6M | 288.0M | 259.2M | 344.9M | |
Common Stock | 682.8M | 670.2M | 655.9M | 635.2M | 571.6M | 559.7M | |
Other Current Liab | (16.6M) | (68.5M) | 237.8M | (47.2M) | (54.2M) | (51.5M) | |
Current Deferred Revenue | (338.3M) | (320.0M) | (237.8M) | (240.8M) | (216.7M) | (227.6M) | |
Long Term Debt | 118.4K | 160.5K | 54.7K | 177.5K | 204.1K | 214.3K | |
Net Receivables | 12.7M | 17.7M | 31.4M | 26.2M | 30.2M | 25.0M | |
Short Term Investments | 17.6M | 36.2M | 11.8M | 5.7M | 6.5M | 12.2M | |
Long Term Debt Total | 118.4K | 160.5K | 54.7K | 177.5K | 204.1K | 214.3K | |
Other Current Assets | (32.8M) | (56.6M) | (55.9M) | (38.2M) | (34.4M) | (36.1M) | |
Net Invested Capital | 1.0B | 1.1B | 846.1M | 806.5M | 927.4M | 979.1M | |
Long Term Investments | 1.0B | 1.1B | 874.9M | 834.5M | 751.0M | 823.7M | |
Inventory | 32.8M | 55.7M | 43.2M | 32.6M | 37.4M | 39.0M | |
Capital Stock | 682.8M | 670.2M | 655.9M | 635.2M | 571.6M | 541.5M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Blackrock Stock Analysis
When running Blackrock Multi's price analysis, check to measure Blackrock Multi'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 Multi is operating at the current time. Most of Blackrock Multi's value examination focuses on studying past and present price action to predict the probability of Blackrock Multi'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 Multi's price. Additionally, you may evaluate how the addition of Blackrock Multi to your portfolios can decrease your overall portfolio volatility.