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

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Limited Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between BlackRock Limited's Gross Profit and Net Income is 0.7. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income 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 Gross Profit 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 Gross Profit of BlackRock Limited Duration 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 Gross Profit i.e., BlackRock Limited's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BlackRock Limited Duration minus its cost of goods sold. It is profit before BlackRock Limited 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BlackRock Limited financial statement analysis. It represents the amount of money remaining after all of BlackRock Limited Duration operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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