BlackRock Net Tangible Assets vs Other Liab Analysis
BLE Stock | USD 10.84 0.10 0.93% |
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 Tangible Assets and its Other Liab 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 Tangible Assets vs Other Liab
Net Tangible Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock MIT II Net Tangible Assets account and Other Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BlackRock MIT's Net Tangible Assets and Other Liab is 0.19. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Liab 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 Tangible Assets and Other Liab 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 Tangible Assets of BlackRock MIT II are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Tangible Assets i.e., BlackRock MIT's Net Tangible Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Other Liab
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 |
BlackRock MIT fundamental ratios Correlations
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BlackRock MIT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) | (19.6M) | 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 | 22.1M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.