Black Rock financial indicator trend analysis is way more than just evaluating Black Rock Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Rock Mining is a good investment. Please check the relationship between Black Rock Long Term Debt and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Long Term Debt vs Non Current Assets Total
Long Term Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Black Rock Mining Long Term Debt account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Black Rock's Long Term Debt and Non Current Assets Total is -0.7. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Black Rock Mining, assuming nothing else is changed. The correlation between historical values of Black Rock's Long Term Debt and Non Current Assets 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 Black Rock Mining are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Black Rock's Long Term Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Black Rock Mining has held for over one year. Long-term debt appears on Black Rock Mining 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 Black Rock Mining 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 Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Black Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Rock Mining 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 Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 5
M in 2024.
Discontinued Operations is likely to gain to about 1.5
M in 2024
Black Rock fundamental ratios Correlations
Click cells to compare fundamentals
Black Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Rock fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Black Stock Analysis
When running Black Rock's price analysis, check to
measure Black Rock'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 Black Rock is operating at the current time. Most of Black Rock's value examination focuses on studying past and present price action to
predict the probability of Black Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Rock's price. Additionally, you may evaluate how the addition of Black Rock to your portfolios can decrease your overall portfolio volatility.