BlackRock Net Income vs Gross Profit 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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock MIT II Net Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between BlackRock MIT's Net Income and Gross Profit is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit 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 MIT II are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., BlackRock MIT's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BlackRock MIT II minus its cost of goods sold. It is profit before BlackRock MIT operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Income	26.6M	24.4M	26.0M
Interest Income	122.9M	37.6M	34.7M

Net Interest Income Interest Income

BlackRock MIT fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Total Liab	Deferred Long Term Liab	Long Term Investments	Common Stock	Total Current Liabilities	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Current Assets	Net Debt	Cash And Short Term Investments	Common Stock Total Equity	Other Current Assets	Short Long Term Debt
Total Assets		0.4	0.91	0.29	0.87	-0.31	0.85	-0.4	0.28	0.88	0.34	0.24	0.36	0.94	0.86	0.65	0.97	0.13	0.94	0.91	0.45	0.89	0.39	-0.43	-0.06	0.35
Other Current Liab	0.4		0.33	0.04	0.28	-0.43	0.37	-0.1	0.66	0.36	-0.01	0.55	0.11	0.26	0.37	0.71	0.38	0.67	0.43	0.44	0.17	0.41	0.07	-0.24	-0.09	0.12
Total Stockholder Equity	0.91	0.33		0.08	0.97	-0.23	0.91	-0.36	0.17	0.74	0.29	0.04	0.28	0.89	0.62	0.61	0.88	0.08	0.87	0.83	0.4	0.79	0.36	-0.43	-0.03	0.37
Other Liab	0.29	0.04	0.08		0.19	-0.53	0.36	-0.01	-0.48	0.61	0.26	0.44	0.37	0.25	0.65	0.53	0.46	-0.14	0.44	0.29	0.52	0.31	0.16	-0.53	-0.07	0.75
Net Tangible Assets	0.87	0.28	0.97	0.19		-0.23	0.92	-0.22	0.01	0.72	0.31	0.03	0.31	0.89	0.62	0.66	0.89	-0.02	0.86	0.77	0.47	0.75	0.25	-0.37	0.12	0.42
Retained Earnings	-0.31	-0.43	-0.23	-0.53	-0.23		-0.54	0.61	-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	-0.65	0.6	0.22	-0.6
Accounts Payable	0.85	0.37	0.91	0.36	0.92	-0.54		-0.43	0.02	0.83	0.28	0.29	0.32	0.8	0.73	0.79	0.87	0.2	0.94	0.82	0.49	0.8	0.47	-0.63	-0.09	0.62
Cash	-0.4	-0.1	-0.36	-0.01	-0.22	0.61	-0.43		-0.4	-0.51	0.06	-0.44	-0.06	-0.29	-0.48	-0.2	-0.26	-0.63	-0.53	-0.6	0.11	-0.49	-0.94	0.54	0.56	-0.22
Other Assets	0.28	0.66	0.17	-0.48	0.01	-0.12	0.02	-0.4		0.09	-0.16	0.34	-0.07	0.16	0.17	0.14	0.1	0.73	0.19	0.35	-0.25	0.31	0.24	0.13	-0.14	-0.48
Long Term Debt	0.88	0.36	0.74	0.61	0.72	-0.56	0.83	-0.51	0.09		0.24	0.42	0.47	0.82	0.95	0.72	0.9	0.2	0.95	0.9	0.43	0.86	0.58	-0.7	-0.3	0.65
Net Receivables	0.34	-0.01	0.29	0.26	0.31	-0.09	0.28	0.06	-0.16	0.24		0.07	-0.27	0.23	0.29	0.19	0.37	-0.23	0.28	0.18	0.92	0.17	-0.07	-0.09	0.18	0.15
Total Liab	0.24	0.55	0.04	0.44	0.03	-0.85	0.29	-0.44	0.34	0.42	0.07		0.09	0.08	0.54	0.6	0.24	0.69	0.4	0.26	0.24	0.22	0.48	-0.34	-0.1	0.32
Deferred Long Term Liab	0.36	0.11	0.28	0.37	0.31	-0.17	0.32	-0.06	-0.07	0.47	-0.27	0.09		0.52	0.42	0.37	0.42	-0.02	0.38	0.39	-0.08	0.46	0.16	-0.19	-0.01	0.34
Long Term Investments	0.94	0.26	0.89	0.25	0.89	-0.18	0.8	-0.29	0.16	0.82	0.23	0.08	0.52		0.77	0.58	0.94	-0.01	0.88	0.85	0.36	0.87	0.31	-0.29	0.08	0.3
Common Stock	0.86	0.37	0.62	0.65	0.62	-0.58	0.73	-0.48	0.17	0.95	0.29	0.54	0.42	0.77		0.7	0.87	0.24	0.9	0.86	0.46	0.84	0.52	-0.56	-0.16	0.51
Total Current Liabilities	0.65	0.71	0.61	0.53	0.66	-0.72	0.79	-0.2	0.14	0.72	0.19	0.6	0.37	0.58	0.7		0.72	0.43	0.78	0.66	0.52	0.64	0.28	-0.49	0.06	0.59
Non Current Assets Total	0.97	0.38	0.88	0.46	0.89	-0.33	0.87	-0.26	0.1	0.9	0.37	0.24	0.42	0.94	0.87	0.72		0.01	0.94	0.86	0.55	0.86	0.29	-0.46	0.02	0.48
Non Currrent Assets Other	0.13	0.67	0.08	-0.14	-0.02	-0.68	0.2	-0.63	0.73	0.2	-0.23	0.69	-0.02	-0.01	0.24	0.43	0.01		0.28	0.35	-0.16	0.26	0.57	-0.24	-0.3	-0.01
Common Stock Shares Outstanding	0.94	0.43	0.87	0.44	0.86	-0.56	0.94	-0.53	0.19	0.95	0.28	0.4	0.38	0.88	0.9	0.78	0.94	0.28		0.94	0.46	0.9	0.56	-0.61	-0.15	0.54
Non Current Liabilities Total	0.91	0.44	0.83	0.29	0.77	-0.45	0.82	-0.6	0.35	0.9	0.18	0.26	0.39	0.85	0.86	0.66	0.86	0.35	0.94		0.31	0.95	0.57	-0.55	-0.25	0.38
Total Current Assets	0.45	0.17	0.4	0.52	0.47	-0.32	0.49	0.11	-0.25	0.43	0.92	0.24	-0.08	0.36	0.46	0.52	0.55	-0.16	0.46	0.31		0.3	-0.05	-0.25	0.23	0.42
Net Debt	0.89	0.41	0.79	0.31	0.75	-0.38	0.8	-0.49	0.31	0.86	0.17	0.22	0.46	0.87	0.84	0.64	0.86	0.26	0.9	0.95	0.3		0.46	-0.51	-0.18	0.37
Cash And Short Term Investments	0.39	0.07	0.36	0.16	0.25	-0.65	0.47	-0.94	0.24	0.58	-0.07	0.48	0.16	0.31	0.52	0.28	0.29	0.57	0.56	0.57	-0.05	0.46		-0.63	-0.63	0.37
Common Stock Total Equity	-0.43	-0.24	-0.43	-0.53	-0.37	0.6	-0.63	0.54	0.13	-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	-0.63		0.72	-0.85
Other Current Assets	-0.06	-0.09	-0.03	-0.07	0.12	0.22	-0.09	0.56	-0.14	-0.3	0.18	-0.1	-0.01	0.08	-0.16	0.06	0.02	-0.3	-0.15	-0.25	0.23	-0.18	-0.63	0.72		-0.37
Short Long Term Debt	0.35	0.12	0.37	0.75	0.42	-0.6	0.62	-0.22	-0.48	0.65	0.15	0.32	0.34	0.3	0.51	0.59	0.48	-0.01	0.54	0.38	0.42	0.37	0.37	-0.85	-0.37

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BlackRock MIT Account Relationship Matchups

BlackRock MIT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	569.6M	575.6M	1.2B	1.1B	936.0M	870.4M
Other Current Liab	(1.5M)	(14.1M)	117.8M	(13.8M)	3.7M	34.8M
Total Stockholder Equity	356.6M	348.3M	738.5M	615.6M	583.6M	579.8M
Net Tangible Assets	348.3M	738.5M	615.6M	583.6M	671.1M	511.4M
Retained Earnings	31.7M	23.1M	72.2M	(53.6M)	(75.8M)	(71.0M)
Accounts Payable	1.5M	14.1M	14.0M	13.7M	18.3M	14.9M
Cash	262.8K	78.0K	2.0K	(2.8M)	(37.9M)	5.7M
Other Assets	286.6K	29.2K	1.3M	191.5M	62.1M	(184.5M)
Long Term Debt	210.8M	225.1M	458.7M	416.5M	478.9M	502.9M
Net Receivables	6.4M	6.1M	15.6M	10.3M	9.4M	14.6M
Total Liab	1.6M	227.3M	14.1M	434.5M	352.4M	290.6M
Long Term Investments	562.8M	569.5M	1.2B	925.9M	849.9M	709.6M
Common Stock	325.0M	325.3M	666.3M	669.3M	659.4M	650.7M
Total Current Liabilities	1.6M	1.5M	14.1M	131.8M	49.7M	116.5M
Non Current Assets Total	562.8M	569.5M	1.2B	1.0B	863.9M	1.0B
Non Currrent Assets Other	(562.8M)	(569.5M)	(1.2B)	191.5M	(24.1M)	(849.9M)
Common Stock Shares Outstanding	23.5M	23.6M	48.7M	48.9M	48.3M	47.7M
Liabilities And Stockholders Equity	569.6M	575.6M	1.2B	1.1B	936.0M	870.4M
Total Current Assets	6.5M	6.1M	15.6M	15.3M	10.0M	23.9M
Cash And Short Term Investments	78.0K	14.4M	2.0K	2.8M	37.9M	5.7M
Other Current Assets	(20.5M)	1.5M	5.0M	578.1K	3.5M	(47.3M)
Short Term Debt	59.5M	279.2K	14.8K	27.1K	82.9K	94.5M
Short Long Term Debt Total	270.3M	225.3M	458.7M	416.5M	336.6M	268.6M
Long Term Debt Total	210.8M	225.1M	458.7M	416.5M	478.9M	311.3M
Cash And Equivalents	262.8K	258.8K	1.3M	2.4M	2.7M	2.9M
Capital Stock	325.0M	325.3M	666.3M	659.4M	650.7M	541.6M

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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:

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.

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BlackRock Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

BlackRock MIT fundamental ratios Correlations

BlackRock MIT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BlackRock MIT fundamental ratios Accounts

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COMMON DESTINATIONS

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Non Current Assets Total	+ 0.97	Total Assets
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.95	Long Term Debt
Common Stock Shares Outstanding	+ 0.95	Long Term Debt
Net Debt	+ 0.95	Non Current Liabilities Total
Long Term Investments	+ 0.94	Total Assets

Cash And Short Term Investments	- 0.94	Cash
Short Long Term Debt	- 0.85	Common Stock Total Equity
Total Liab	- 0.85	Retained Earnings
Total Current Liabilities	- 0.72	Retained Earnings
Common Stock Total Equity	- 0.7	Long Term Debt
Non Currrent Assets Other	- 0.68	Retained Earnings