BlackRock Long Term Debt vs Non Current Liabilities Total Analysis
| BKN Stock | USD 11.94 0.01 0.08% |
BlackRock Investment financial indicator trend analysis is way more than just evaluating BlackRock Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Investment is a good investment. Please check the relationship between BlackRock Investment Long Term Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Investment Quality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Long Term Debt vs Non Current Liabilities Total
Long Term Debt vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Investment Long Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BlackRock Investment's Long Term Debt and Non Current Liabilities Total is 0.4. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of BlackRock Investment Quality, assuming nothing else is changed. The correlation between historical values of BlackRock Investment's Long Term Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of BlackRock Investment Quality are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Debt i.e., BlackRock Investment's Long Term Debt and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that BlackRock Investment has held for over one year. Long-term debt appears on BlackRock Investment Quality balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on BlackRock Investment Quality balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Non Current Liabilities Total
Most indicators from BlackRock Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Investment 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 Investment Quality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, BlackRock Investment's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Issuance Of Capital Stock is likely to grow to about 264 K, though Sales General And Administrative To Revenue is likely to grow to (1.02).
BlackRock Investment fundamental ratios Correlations
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BlackRock Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Investment fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 440.6M | 469.1M | 419.3M | 365.9M | 332.7M | 451.8M | |
| Total Stockholder Equity | 255.9M | 287.4M | 237.6M | 230.4M | 224.8M | 242.4M | |
| Net Tangible Assets | 255.9M | 287.4M | 237.6M | 230.4M | 207.3M | 214.0M | |
| Retained Earnings | 17.2M | 48.4M | (1.9M) | (10.9M) | (12.5M) | (11.9M) | |
| Accounts Payable | 2.1M | 1.2M | 6.7M | 2.4M | 4.9M | 3.7M | |
| Other Assets | 93.1M | 360.7K | 96.6M | 55.5M | 63.8M | 34.7M | |
| Net Receivables | 6.8M | 5.2M | 7.0M | 3.9M | 3.5M | 5.1M | |
| Total Liab | 184.7M | 181.7M | 181.7M | 135.5M | 107.9M | 118.5M | |
| Long Term Investments | 433.7M | 463.5M | 411.4M | 361.7M | 328.1M | 404.1M | |
| Long Term Debt | 52.0M | 56.1M | 54.2M | 47.2M | 54.2M | 50.1M | |
| Common Stock Shares Outstanding | 17.6M | 17.2M | 17.2M | 17.4M | 17.2M | 19.0M | |
| Other Current Liab | 54.5M | 53.5M | 49.1M | 4.9M | 5.6M | 5.3M | |
| Total Current Liabilities | 58.8M | 55.8M | 55.8M | 9.6M | 11.1M | 10.5M | |
| Non Current Assets Total | 340.6M | 463.5M | 314.8M | 306.2M | 275.6M | 309.0M | |
| Non Currrent Assets Other | (93.1M) | (463.5M) | (96.6M) | (55.5M) | (63.8M) | (67.0M) | |
| Other Current Assets | 23.7K | 360.7K | 921.8K | 314.7K | 361.9K | 449.8K | |
| Total Current Assets | 6.9M | 5.6M | 7.9M | 4.2M | 3.8M | 5.5M | |
| Short Long Term Debt Total | 56.1M | 54.2M | 47.2M | 48.3K | 43.4K | 41.3K | |
| Net Debt | 56.1M | (26.6K) | (121.8K) | 48.3K | 5.9K | 5.6K | |
| Cash And Short Term Investments | (93.1M) | 26.6K | 121.8K | (55.5M) | (50.0M) | (47.5M) | |
| Short Term Investments | (90.4M) | (93.1M) | (96.6M) | (55.5M) | (50.0M) | (52.5M) | |
| Long Term Debt Total | 52.0M | 56.1M | 54.2M | 47.2M | 54.2M | 46.9M | |
| Liabilities And Stockholders Equity | 440.6M | 469.1M | 419.3M | 365.9M | 329.3M | 346.6M |
Pair Trading with BlackRock Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Investment will appreciate offsetting losses from the drop in the long position's value.Moving against BlackRock Stock
| 0.53 | LC | LendingClub Corp | PairCorr |
| 0.49 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.41 | V | Visa Class A | PairCorr |
| 0.4 | DIST | Distoken Acquisition | PairCorr |
| 0.39 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to BlackRock Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Investment Quality to buy it.
The correlation of BlackRock Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Investment Quality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Investment. 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 Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.691 | Dividend Share 0.614 | Earnings Share 0.47 | Revenue Per Share 0.888 | Quarterly Revenue Growth (0.09) |
The market value of BlackRock Investment 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 Investment's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Investment'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 Investment's market value can be influenced by many factors that don't directly affect BlackRock Investment'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 Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Investment'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.