BlackRock Cost Of Revenue vs Net Income Analysis

BLE Stock  USD 10.97  0.08  0.73%   
BlackRock MIT financial indicator trend analysis is way more than just evaluating BlackRock MIT II prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock MIT II is a good investment. Please check the relationship between BlackRock MIT Cost Of Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock MIT II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock MIT II Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock MIT's Cost Of Revenue and Net Income is -0.13. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of BlackRock MIT II, assuming nothing else is changed. The correlation between historical values of BlackRock MIT's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of BlackRock MIT II are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., BlackRock MIT's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on BlackRock MIT II income statement and represents the costs associated with goods and services BlackRock MIT provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BlackRock MIT II financial statement analysis. It represents the amount of money remaining after all of BlackRock MIT II operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from BlackRock MIT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock MIT II 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 MIT II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Enterprise Value is expected to grow to about 1.2 B, whereas Selling General Administrative is forecasted to decline to about 262.9 K.
 2021 2023 2024 (projected)
Net Interest Income26.6M24.4M26.0M
Interest Income122.9M37.6M34.7M

BlackRock MIT fundamental ratios Correlations

0.40.910.290.87-0.310.85-0.40.280.880.340.240.360.940.860.650.970.130.940.910.450.890.39-0.43-0.060.35
0.40.330.040.28-0.430.37-0.10.660.36-0.010.550.110.260.370.710.380.670.430.440.170.410.07-0.24-0.090.12
0.910.330.080.97-0.230.91-0.360.170.740.290.040.280.890.620.610.880.080.870.830.40.790.36-0.43-0.030.37
0.290.040.080.19-0.530.36-0.01-0.480.610.260.440.370.250.650.530.46-0.140.440.290.520.310.16-0.53-0.070.75
0.870.280.970.19-0.230.92-0.220.010.720.310.030.310.890.620.660.89-0.020.860.770.470.750.25-0.370.120.42
-0.31-0.43-0.23-0.53-0.23-0.540.61-0.12-0.56-0.09-0.85-0.17-0.18-0.58-0.72-0.33-0.68-0.56-0.45-0.32-0.38-0.650.60.22-0.6
0.850.370.910.360.92-0.54-0.430.020.830.280.290.320.80.730.790.870.20.940.820.490.80.47-0.63-0.090.62
-0.4-0.1-0.36-0.01-0.220.61-0.43-0.4-0.510.06-0.44-0.06-0.29-0.48-0.2-0.26-0.63-0.53-0.60.11-0.49-0.940.540.56-0.22
0.280.660.17-0.480.01-0.120.02-0.40.09-0.160.34-0.070.160.170.140.10.730.190.35-0.250.310.240.13-0.14-0.48
0.880.360.740.610.72-0.560.83-0.510.090.240.420.470.820.950.720.90.20.950.90.430.860.58-0.7-0.30.65
0.34-0.010.290.260.31-0.090.280.06-0.160.240.07-0.270.230.290.190.37-0.230.280.180.920.17-0.07-0.090.180.15
0.240.550.040.440.03-0.850.29-0.440.340.420.070.090.080.540.60.240.690.40.260.240.220.48-0.34-0.10.32
0.360.110.280.370.31-0.170.32-0.06-0.070.47-0.270.090.520.420.370.42-0.020.380.39-0.080.460.16-0.19-0.010.34
0.940.260.890.250.89-0.180.8-0.290.160.820.230.080.520.770.580.94-0.010.880.850.360.870.31-0.290.080.3
0.860.370.620.650.62-0.580.73-0.480.170.950.290.540.420.770.70.870.240.90.860.460.840.52-0.56-0.160.51
0.650.710.610.530.66-0.720.79-0.20.140.720.190.60.370.580.70.720.430.780.660.520.640.28-0.490.060.59
0.970.380.880.460.89-0.330.87-0.260.10.90.370.240.420.940.870.720.010.940.860.550.860.29-0.460.020.48
0.130.670.08-0.14-0.02-0.680.2-0.630.730.2-0.230.69-0.02-0.010.240.430.010.280.35-0.160.260.57-0.24-0.3-0.01
0.940.430.870.440.86-0.560.94-0.530.190.950.280.40.380.880.90.780.940.280.940.460.90.56-0.61-0.150.54
0.910.440.830.290.77-0.450.82-0.60.350.90.180.260.390.850.860.660.860.350.940.310.950.57-0.55-0.250.38
0.450.170.40.520.47-0.320.490.11-0.250.430.920.24-0.080.360.460.520.55-0.160.460.310.3-0.05-0.250.230.42
0.890.410.790.310.75-0.380.8-0.490.310.860.170.220.460.870.840.640.860.260.90.950.30.46-0.51-0.180.37
0.390.070.360.160.25-0.650.47-0.940.240.58-0.070.480.160.310.520.280.290.570.560.57-0.050.46-0.63-0.630.37
-0.43-0.24-0.43-0.53-0.370.6-0.630.540.13-0.7-0.09-0.34-0.19-0.29-0.56-0.49-0.46-0.24-0.61-0.55-0.25-0.51-0.630.72-0.85
-0.06-0.09-0.03-0.070.120.22-0.090.56-0.14-0.30.18-0.1-0.010.08-0.160.060.02-0.3-0.15-0.250.23-0.18-0.630.72-0.37
0.350.120.370.750.42-0.60.62-0.22-0.480.650.150.320.340.30.510.590.48-0.010.540.380.420.370.37-0.85-0.37
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BlackRock MIT Account Relationship Matchups

BlackRock MIT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets569.6M575.6M1.2B1.1B936.0M870.4M
Other Current Liab(1.5M)(14.1M)117.8M(13.8M)3.7M34.8M
Total Stockholder Equity356.6M348.3M738.5M615.6M583.6M579.8M
Net Tangible Assets348.3M738.5M615.6M583.6M671.1M511.4M
Retained Earnings31.7M23.1M72.2M(53.6M)(75.8M)(71.0M)
Accounts Payable1.5M14.1M14.0M13.7M18.3M14.9M
Cash262.8K78.0K2.0K(2.8M)(37.9M)5.7M
Other Assets286.6K29.2K1.3M191.5M62.1M(184.5M)
Long Term Debt210.8M225.1M458.7M416.5M478.9M502.9M
Net Receivables6.4M6.1M15.6M10.3M9.4M14.6M
Total Liab1.6M227.3M14.1M434.5M352.4M290.6M
Long Term Investments562.8M569.5M1.2B925.9M849.9M709.6M
Common Stock325.0M325.3M666.3M669.3M659.4M650.7M
Total Current Liabilities1.6M1.5M14.1M131.8M49.7M116.5M
Non Current Assets Total562.8M569.5M1.2B1.0B863.9M1.0B
Non Currrent Assets Other(562.8M)(569.5M)(1.2B)191.5M(24.1M)(849.9M)
Common Stock Shares Outstanding23.5M23.6M48.7M48.9M48.3M47.7M
Liabilities And Stockholders Equity569.6M575.6M1.2B1.1B936.0M870.4M
Total Current Assets6.5M6.1M15.6M15.3M10.0M23.9M
Cash And Short Term Investments78.0K14.4M2.0K2.8M37.9M5.7M
Other Current Assets(20.5M)1.5M5.0M578.1K3.5M(47.3M)
Short Term Debt59.5M279.2K14.8K27.1K82.9K94.5M
Short Long Term Debt Total270.3M225.3M458.7M416.5M336.6M268.6M
Long Term Debt Total210.8M225.1M458.7M416.5M478.9M311.3M
Cash And Equivalents262.8K258.8K1.3M2.4M2.7M2.9M
Capital Stock325.0M325.3M666.3M659.4M650.7M541.6M

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When determining whether BlackRock MIT II is a strong investment it is important to analyze BlackRock MIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock MIT's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock MIT II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 MIT. 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 MIT 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
(0.42)
Dividend Share
0.552
Earnings Share
0.61
Revenue Per Share
0.807
Quarterly Revenue Growth
(0.08)
The market value of BlackRock MIT II 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 MIT's value that differs from its market value or its book value, called intrinsic value, which is BlackRock MIT'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 MIT's market value can be influenced by many factors that don't directly affect BlackRock MIT'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 MIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock MIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock MIT'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.