BlackRock Common Stock Total Equity vs Net Tangible Assets Analysis

BLW Stock  USD 14.16  0.01  0.07%   
BlackRock Limited financial indicator trend analysis is way more than just evaluating BlackRock Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Limited is a good investment. Please check the relationship between BlackRock Limited Common Stock Total Equity and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Limited Duration. 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.

Common Stock Total Equity vs Net Tangible Assets

Common Stock Total Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Limited Common Stock Total Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between BlackRock Limited's Common Stock Total Equity and Net Tangible Assets is 0.23. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of BlackRock Limited Duration, assuming nothing else is changed. The correlation between historical values of BlackRock Limited's Common Stock Total Equity and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of BlackRock Limited Duration are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Total Equity i.e., BlackRock Limited's Common Stock Total Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.
Most indicators from BlackRock Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Limited 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 Limited Duration. 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.
Enterprise Value is likely to climb to about 926.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income41.8M44.2M55.9M49.8M
Net Interest Income40.2M38.5M42.7M43.9M

BlackRock Limited fundamental ratios Correlations

0.980.940.320.650.550.970.97-0.440.720.73-0.180.430.510.491.00.981.0-0.50.53-0.010.720.68-0.280.740.71
0.980.960.230.630.541.00.91-0.420.610.61-0.230.310.50.610.971.00.98-0.420.51-0.040.610.71-0.260.710.59
0.940.960.140.60.540.950.85-0.380.660.62-0.260.110.620.550.930.940.95-0.290.520.00.610.77-0.180.670.6
0.320.230.140.210.130.220.46-0.10.360.430.140.55-0.12-0.110.310.260.31-0.50.140.010.440.050.160.270.43
0.650.630.60.210.780.630.64-0.70.470.48-0.370.270.560.310.650.640.65-0.630.46-0.080.480.78-0.380.90.45
0.550.540.540.130.780.530.54-0.580.450.44-0.050.180.70.230.560.540.55-0.40.75-0.160.440.69-0.270.80.42
0.971.00.950.220.630.530.89-0.410.560.55-0.250.280.470.660.961.00.97-0.40.5-0.070.550.71-0.260.690.53
0.970.910.850.460.640.540.89-0.440.80.83-0.070.610.460.320.980.920.97-0.610.520.030.840.59-0.290.740.82
-0.44-0.42-0.38-0.1-0.7-0.58-0.41-0.44-0.35-0.360.35-0.23-0.36-0.16-0.45-0.42-0.440.44-0.2-0.04-0.37-0.570.32-0.66-0.35
0.720.610.660.360.470.450.560.8-0.350.990.080.480.61-0.230.740.610.71-0.460.460.230.980.47-0.160.570.98
0.730.610.620.430.480.440.550.83-0.360.990.10.610.55-0.240.750.610.72-0.550.440.191.00.42-0.190.591.0
-0.18-0.23-0.260.14-0.37-0.05-0.25-0.070.350.080.10.25-0.27-0.37-0.16-0.22-0.180.150.190.260.11-0.580.04-0.360.12
0.430.310.110.550.270.180.280.61-0.230.480.610.25-0.06-0.170.460.350.42-0.70.160.00.65-0.05-0.310.360.62
0.510.50.62-0.120.560.70.470.46-0.360.610.55-0.27-0.060.030.520.470.52-0.150.6-0.080.530.64-0.210.610.54
0.490.610.55-0.110.310.230.660.32-0.16-0.23-0.24-0.37-0.170.030.460.610.51-0.010.19-0.26-0.240.44-0.150.3-0.26
1.00.970.930.310.650.560.960.98-0.450.740.75-0.160.460.520.460.971.0-0.510.530.00.750.67-0.30.740.73
0.981.00.940.260.640.541.00.92-0.420.610.61-0.220.350.470.610.970.98-0.440.51-0.050.610.69-0.280.710.59
1.00.980.950.310.650.550.970.97-0.440.710.72-0.180.420.520.511.00.98-0.490.53-0.020.710.69-0.280.730.7
-0.5-0.42-0.29-0.5-0.63-0.4-0.4-0.610.44-0.46-0.550.15-0.7-0.15-0.01-0.51-0.44-0.49-0.230.0-0.57-0.440.39-0.72-0.53
0.530.510.520.140.460.750.50.52-0.20.460.440.190.160.60.190.530.510.53-0.230.270.440.5-0.520.670.43
-0.01-0.040.00.01-0.08-0.16-0.070.03-0.040.230.190.260.0-0.08-0.260.0-0.05-0.020.00.270.2-0.07-0.540.070.2
0.720.610.610.440.480.440.550.84-0.370.981.00.110.650.53-0.240.750.610.71-0.570.440.20.4-0.210.591.0
0.680.710.770.050.780.690.710.59-0.570.470.42-0.58-0.050.640.440.670.690.69-0.440.5-0.070.4-0.210.850.38
-0.28-0.26-0.180.16-0.38-0.27-0.26-0.290.32-0.16-0.190.04-0.31-0.21-0.15-0.3-0.28-0.280.39-0.52-0.54-0.21-0.21-0.54-0.18
0.740.710.670.270.90.80.690.74-0.660.570.59-0.360.360.610.30.740.710.73-0.720.670.070.590.85-0.540.56
0.710.590.60.430.450.420.530.82-0.350.981.00.120.620.54-0.260.730.590.7-0.530.430.21.00.38-0.180.56
Click cells to compare fundamentals

BlackRock Limited Account Relationship Matchups

BlackRock Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets832.1M906.7M978.6M798.2M819.2M778.2M
Short Long Term Debt Total202.5M279.0M312.6M276.0M276.2M262.4M
Total Current Liabilities13.6M14.2M55.6M32.6M39.2M37.2M
Total Stockholder Equity610.3M603.9M587.1M482.6M503.8M478.6M
Net Tangible Assets611.1M603.9M587.1M482.6M434.3M495.9M
Net Debt201.6M276.2M311.1M274.0M274.5M260.8M
Retained Earnings(26.1M)(24.8M)(36.6M)(135.5M)(109.3M)(103.8M)
Accounts Payable13.6M14.2M55.6M32.6M28.6M34.2M
Cash988.4K2.8M1.5M2.1M1.8M1.7M
Non Current Assets Total817.3M882.4M939.5M798.2M796.1M756.3M
Other Assets3.0M9.6M12.1M(17.8M)11.1K11.7K
Net Receivables10.8M11.9M25.2M16.0M17.9M34.5M
Common Stock Shares Outstanding36.6M35.8M35.7M35.7M32.1M30.5M
Liabilities And Stockholders Equity832.1M906.7M978.6M798.2M819.2M778.2M
Non Current Liabilities Total13.6M279.0M312.6M315.6M276.2M262.4M
Total Liab221.8M302.7M391.4M315.6M315.4M299.6M
Long Term Investments818.7M882.4M939.5M772.7M796.1M698.6M
Total Current Assets11.8M14.7M26.9M17.8M23.1M22.0M
Short Term Debt213.5M279.0M312.8M276.3M276.2M262.4M
Common Stock636.4M628.7M623.7M618.1M613.0M578.8M
Non Currrent Assets Other(817.3M)(882.4M)(939.5M)25.5M(796.1M)(756.3M)
Short Term Investments1.7M9.8M5.0M1.5M5.8M5.5M
Other Current Liab(13.6M)(14.2M)(55.6M)(32.6M)(28.6M)(30.0M)
Cash And Short Term Investments988.4K2.8M1.5M2.1M1.8M1.6M

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