BlackRock Total Current Assets vs Net Debt 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 Total Current Assets and its Net Debt 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Limited Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between BlackRock Limited's Total Current Assets and Net Debt is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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 Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BlackRock Limited Duration are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., BlackRock Limited's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Income	41.8M	44.2M	55.9M	49.8M
Net Interest Income	40.2M	38.5M	42.7M	43.9M

Interest Income Net Interest Income

BlackRock Limited fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other
Total Assets		0.98	0.94	0.32	0.65	0.55	0.97	0.97	-0.44	0.72	0.73	-0.18	0.43	0.51	0.49	1.0	0.98	1.0	-0.5	0.53	-0.01	0.72	0.68	-0.28	0.74	0.71
Short Long Term Debt Total	0.98		0.96	0.23	0.63	0.54	1.0	0.91	-0.42	0.61	0.61	-0.23	0.31	0.5	0.61	0.97	1.0	0.98	-0.42	0.51	-0.04	0.61	0.71	-0.26	0.71	0.59
Total Current Liabilities	0.94	0.96		0.14	0.6	0.54	0.95	0.85	-0.38	0.66	0.62	-0.26	0.11	0.62	0.55	0.93	0.94	0.95	-0.29	0.52	0.0	0.61	0.77	-0.18	0.67	0.6
Total Stockholder Equity	0.32	0.23	0.14		0.21	0.13	0.22	0.46	-0.1	0.36	0.43	0.14	0.55	-0.12	-0.11	0.31	0.26	0.31	-0.5	0.14	0.01	0.44	0.05	0.16	0.27	0.43
Other Liab	0.65	0.63	0.6	0.21		0.78	0.63	0.64	-0.7	0.47	0.48	-0.37	0.27	0.56	0.31	0.65	0.64	0.65	-0.63	0.46	-0.08	0.48	0.78	-0.38	0.9	0.45
Net Tangible Assets	0.55	0.54	0.54	0.13	0.78		0.53	0.54	-0.58	0.45	0.44	-0.05	0.18	0.7	0.23	0.56	0.54	0.55	-0.4	0.75	-0.16	0.44	0.69	-0.27	0.8	0.42
Net Debt	0.97	1.0	0.95	0.22	0.63	0.53		0.89	-0.41	0.56	0.55	-0.25	0.28	0.47	0.66	0.96	1.0	0.97	-0.4	0.5	-0.07	0.55	0.71	-0.26	0.69	0.53
Retained Earnings	0.97	0.91	0.85	0.46	0.64	0.54	0.89		-0.44	0.8	0.83	-0.07	0.61	0.46	0.32	0.98	0.92	0.97	-0.61	0.52	0.03	0.84	0.59	-0.29	0.74	0.82
Accounts Payable	-0.44	-0.42	-0.38	-0.1	-0.7	-0.58	-0.41	-0.44		-0.35	-0.36	0.35	-0.23	-0.36	-0.16	-0.45	-0.42	-0.44	0.44	-0.2	-0.04	-0.37	-0.57	0.32	-0.66	-0.35
Cash	0.72	0.61	0.66	0.36	0.47	0.45	0.56	0.8	-0.35		0.99	0.08	0.48	0.61	-0.23	0.74	0.61	0.71	-0.46	0.46	0.23	0.98	0.47	-0.16	0.57	0.98
Non Current Assets Total	0.73	0.61	0.62	0.43	0.48	0.44	0.55	0.83	-0.36	0.99		0.1	0.61	0.55	-0.24	0.75	0.61	0.72	-0.55	0.44	0.19	1.0	0.42	-0.19	0.59	1.0
Other Assets	-0.18	-0.23	-0.26	0.14	-0.37	-0.05	-0.25	-0.07	0.35	0.08	0.1		0.25	-0.27	-0.37	-0.16	-0.22	-0.18	0.15	0.19	0.26	0.11	-0.58	0.04	-0.36	0.12
Net Receivables	0.43	0.31	0.11	0.55	0.27	0.18	0.28	0.61	-0.23	0.48	0.61	0.25		-0.06	-0.17	0.46	0.35	0.42	-0.7	0.16	0.0	0.65	-0.05	-0.31	0.36	0.62
Good Will	0.51	0.5	0.62	-0.12	0.56	0.7	0.47	0.46	-0.36	0.61	0.55	-0.27	-0.06		0.03	0.52	0.47	0.52	-0.15	0.6	-0.08	0.53	0.64	-0.21	0.61	0.54
Common Stock Total Equity	0.49	0.61	0.55	-0.11	0.31	0.23	0.66	0.32	-0.16	-0.23	-0.24	-0.37	-0.17	0.03		0.46	0.61	0.51	-0.01	0.19	-0.26	-0.24	0.44	-0.15	0.3	-0.26
Common Stock Shares Outstanding	1.0	0.97	0.93	0.31	0.65	0.56	0.96	0.98	-0.45	0.74	0.75	-0.16	0.46	0.52	0.46		0.97	1.0	-0.51	0.53	0.0	0.75	0.67	-0.3	0.74	0.73
Non Current Liabilities Total	0.98	1.0	0.94	0.26	0.64	0.54	1.0	0.92	-0.42	0.61	0.61	-0.22	0.35	0.47	0.61	0.97		0.98	-0.44	0.51	-0.05	0.61	0.69	-0.28	0.71	0.59
Total Liab	1.0	0.98	0.95	0.31	0.65	0.55	0.97	0.97	-0.44	0.71	0.72	-0.18	0.42	0.52	0.51	1.0	0.98		-0.49	0.53	-0.02	0.71	0.69	-0.28	0.73	0.7
Deferred Long Term Liab	-0.5	-0.42	-0.29	-0.5	-0.63	-0.4	-0.4	-0.61	0.44	-0.46	-0.55	0.15	-0.7	-0.15	-0.01	-0.51	-0.44	-0.49		-0.23	0.0	-0.57	-0.44	0.39	-0.72	-0.53
Long Term Investments	0.53	0.51	0.52	0.14	0.46	0.75	0.5	0.52	-0.2	0.46	0.44	0.19	0.16	0.6	0.19	0.53	0.51	0.53	-0.23		0.27	0.44	0.5	-0.52	0.67	0.43
Short Long Term Debt	-0.01	-0.04	0.0	0.01	-0.08	-0.16	-0.07	0.03	-0.04	0.23	0.19	0.26	0.0	-0.08	-0.26	0.0	-0.05	-0.02	0.0	0.27		0.2	-0.07	-0.54	0.07	0.2
Total Current Assets	0.72	0.61	0.61	0.44	0.48	0.44	0.55	0.84	-0.37	0.98	1.0	0.11	0.65	0.53	-0.24	0.75	0.61	0.71	-0.57	0.44	0.2		0.4	-0.21	0.59	1.0
Short Term Debt	0.68	0.71	0.77	0.05	0.78	0.69	0.71	0.59	-0.57	0.47	0.42	-0.58	-0.05	0.64	0.44	0.67	0.69	0.69	-0.44	0.5	-0.07	0.4		-0.21	0.85	0.38
Intangible Assets	-0.28	-0.26	-0.18	0.16	-0.38	-0.27	-0.26	-0.29	0.32	-0.16	-0.19	0.04	-0.31	-0.21	-0.15	-0.3	-0.28	-0.28	0.39	-0.52	-0.54	-0.21	-0.21		-0.54	-0.18
Common Stock	0.74	0.71	0.67	0.27	0.9	0.8	0.69	0.74	-0.66	0.57	0.59	-0.36	0.36	0.61	0.3	0.74	0.71	0.73	-0.72	0.67	0.07	0.59	0.85	-0.54		0.56
Non Currrent Assets Other	0.71	0.59	0.6	0.43	0.45	0.42	0.53	0.82	-0.35	0.98	1.0	0.12	0.62	0.54	-0.26	0.73	0.59	0.7	-0.53	0.43	0.2	1.0	0.38	-0.18	0.56

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BlackRock Limited Account Relationship Matchups

BlackRock Limited fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	832.1M	906.7M	978.6M	798.2M	819.2M	778.2M
Short Long Term Debt Total	202.5M	279.0M	312.6M	276.0M	276.2M	262.4M
Total Current Liabilities	13.6M	14.2M	55.6M	32.6M	39.2M	37.2M
Total Stockholder Equity	610.3M	603.9M	587.1M	482.6M	503.8M	478.6M
Net Tangible Assets	611.1M	603.9M	587.1M	482.6M	434.3M	495.9M
Net Debt	201.6M	276.2M	311.1M	274.0M	274.5M	260.8M
Retained Earnings	(26.1M)	(24.8M)	(36.6M)	(135.5M)	(109.3M)	(103.8M)
Accounts Payable	13.6M	14.2M	55.6M	32.6M	28.6M	34.2M
Cash	988.4K	2.8M	1.5M	2.1M	1.8M	1.7M
Non Current Assets Total	817.3M	882.4M	939.5M	798.2M	796.1M	756.3M
Other Assets	3.0M	9.6M	12.1M	(17.8M)	11.1K	11.7K
Net Receivables	10.8M	11.9M	25.2M	16.0M	17.9M	34.5M
Common Stock Shares Outstanding	36.6M	35.8M	35.7M	35.7M	32.1M	30.5M
Liabilities And Stockholders Equity	832.1M	906.7M	978.6M	798.2M	819.2M	778.2M
Non Current Liabilities Total	13.6M	279.0M	312.6M	315.6M	276.2M	262.4M
Total Liab	221.8M	302.7M	391.4M	315.6M	315.4M	299.6M
Long Term Investments	818.7M	882.4M	939.5M	772.7M	796.1M	698.6M
Total Current Assets	11.8M	14.7M	26.9M	17.8M	23.1M	22.0M
Short Term Debt	213.5M	279.0M	312.8M	276.3M	276.2M	262.4M
Common Stock	636.4M	628.7M	623.7M	618.1M	613.0M	578.8M
Non Currrent Assets Other	(817.3M)	(882.4M)	(939.5M)	25.5M	(796.1M)	(756.3M)
Short Term Investments	1.7M	9.8M	5.0M	1.5M	5.8M	5.5M
Other Current Liab	(13.6M)	(14.2M)	(55.6M)	(32.6M)	(28.6M)	(30.0M)
Cash And Short Term Investments	988.4K	2.8M	1.5M	2.1M	1.8M	1.6M

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BlackRock Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

BlackRock Limited fundamental ratios Correlations

BlackRock Limited Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BlackRock Limited fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Total Current Assets	+ 1.0	Non Current Assets Total

Common Stock	- 0.72	Deferred Long Term Liab
Deferred Long Term Liab	- 0.7	Net Receivables
Accounts Payable	- 0.7	Other Liab
Common Stock	- 0.66	Accounts Payable
Deferred Long Term Liab	- 0.63	Other Liab
Deferred Long Term Liab	- 0.61	Retained Earnings