Blackrock Total Current Liabilities vs Short Term Investments Analysis

BRC Stock  CAD 0.39  0.01  2.50%   
Blackrock Silver financial indicator trend analysis is way more than just evaluating Blackrock Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Silver Corp is a good investment. Please check the relationship between Blackrock Silver Total Current Liabilities and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Silver Corp Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blackrock Silver's Total Current Liabilities and Short Term Investments is -0.25. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Blackrock Silver Corp, assuming nothing else is changed. The correlation between historical values of Blackrock Silver's Total Current Liabilities and Short Term Investments 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 Liabilities of Blackrock Silver Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Blackrock Silver's Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Blackrock Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackrock Silver Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Blackrock Silver balance sheet. It contains any investments Blackrock Silver Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blackrock Silver Corp can easily liquidate in the marketplace.
Most indicators from Blackrock Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Silver Corp 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 Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Blackrock Silver's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 48.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses18.1M6.1M7.0M7.4M
Interest Expense14.3K12.4K11.1K12.8K

Blackrock Silver fundamental ratios Correlations

0.750.99-0.8-0.840.770.790.730.80.850.570.810.560.830.820.260.950.90.41-0.61-0.37-0.610.26-0.270.810.98
0.750.7-0.83-0.390.880.840.240.850.410.310.380.710.860.540.330.610.770.51-0.47-0.5-0.460.26-0.250.350.64
0.990.7-0.76-0.870.720.750.760.760.890.620.850.470.790.840.30.960.890.35-0.63-0.43-0.630.22-0.240.850.99
-0.8-0.83-0.760.41-0.92-0.99-0.17-0.99-0.4-0.07-0.35-0.63-0.99-0.54-0.28-0.6-0.92-0.540.450.350.44-0.060.06-0.33-0.69
-0.84-0.39-0.870.41-0.38-0.37-0.93-0.38-0.97-0.81-0.96-0.15-0.43-0.88-0.3-0.92-0.63-0.180.590.410.59-0.210.24-0.98-0.91
0.770.880.72-0.92-0.380.910.210.910.390.110.380.70.920.570.240.630.780.61-0.49-0.35-0.490.19-0.180.330.64
0.790.840.75-0.99-0.370.910.151.00.370.030.320.711.00.510.230.580.910.57-0.4-0.27-0.40.11-0.10.30.67
0.730.240.76-0.17-0.930.210.150.170.950.870.950.110.220.750.150.880.430.02-0.52-0.26-0.520.29-0.320.970.83
0.80.850.76-0.99-0.380.911.00.170.380.050.330.721.00.520.230.60.910.56-0.41-0.28-0.40.11-0.10.320.68
0.850.410.89-0.4-0.970.390.370.950.380.860.970.130.430.840.320.940.640.08-0.65-0.46-0.650.23-0.260.990.93
0.570.310.62-0.07-0.810.110.030.870.050.860.82-0.090.10.630.370.740.34-0.18-0.59-0.6-0.580.27-0.30.860.69
0.810.380.85-0.35-0.960.380.320.950.330.970.820.150.380.850.260.940.550.09-0.55-0.39-0.550.18-0.210.980.9
0.560.710.47-0.63-0.150.70.710.110.720.13-0.090.150.70.28-0.160.420.540.63-0.130.25-0.140.45-0.430.110.4
0.830.860.79-0.99-0.430.921.00.221.00.430.10.380.70.560.250.630.920.56-0.44-0.31-0.440.13-0.120.360.71
0.820.540.84-0.54-0.880.570.510.750.520.840.630.850.280.560.270.830.640.54-0.61-0.43-0.60.22-0.230.850.84
0.260.330.3-0.28-0.30.240.230.150.230.320.370.26-0.160.250.270.270.3-0.12-0.27-0.66-0.22-0.230.220.290.3
0.950.610.96-0.6-0.920.630.580.880.60.940.740.940.420.630.830.270.740.22-0.61-0.38-0.610.27-0.30.920.98
0.90.770.89-0.92-0.630.780.910.430.910.640.340.550.540.920.640.30.740.42-0.61-0.41-0.610.2-0.210.570.84
0.410.510.35-0.54-0.180.610.570.020.560.08-0.180.090.630.560.54-0.120.220.42-0.230.09-0.240.31-0.290.080.25
-0.61-0.47-0.630.450.59-0.49-0.4-0.52-0.41-0.65-0.59-0.55-0.13-0.44-0.61-0.27-0.61-0.61-0.230.521.0-0.620.62-0.58-0.62
-0.37-0.5-0.430.350.41-0.35-0.27-0.26-0.28-0.46-0.6-0.390.25-0.31-0.43-0.66-0.38-0.410.090.520.490.17-0.15-0.41-0.43
-0.61-0.46-0.630.440.59-0.49-0.4-0.52-0.4-0.65-0.58-0.55-0.14-0.44-0.6-0.22-0.61-0.61-0.241.00.49-0.630.64-0.57-0.62
0.260.260.22-0.06-0.210.190.110.290.110.230.270.180.450.130.22-0.230.270.20.31-0.620.17-0.63-0.990.20.21
-0.27-0.25-0.240.060.24-0.18-0.1-0.32-0.1-0.26-0.3-0.21-0.43-0.12-0.230.22-0.3-0.21-0.290.62-0.150.64-0.99-0.23-0.23
0.810.350.85-0.33-0.980.330.30.970.320.990.860.980.110.360.850.290.920.570.08-0.58-0.41-0.570.2-0.230.9
0.980.640.99-0.69-0.910.640.670.830.680.930.690.90.40.710.840.30.980.840.25-0.62-0.43-0.620.21-0.230.9
Click cells to compare fundamentals

Blackrock Silver Account Relationship Matchups

Blackrock Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5M11.4M8.4M6.6M7.6M8.0M
Total Current Liabilities1.5M1.3M945.5K339.9K390.8K570.2K
Total Stockholder Equity7.0M9.9M7.4M6.2M7.1M7.5M
Net Debt(6.6M)(8.5M)(3.6M)(656.2K)(590.6K)(620.1K)
Retained Earnings(18.1M)(46.1M)(63.7M)(69.7M)(62.7M)(59.6M)
Accounts Payable1.2M829.3K748.3K171.8K197.6K184.9K
Cash6.6M8.5M3.6M656.2K754.6K1.1M
Non Current Assets Total1.7M2.7M4.4M5.5M6.3M6.6M
Cash And Short Term Investments6.6M8.5M3.6M656.2K754.6K1.4M
Common Stock Shares Outstanding80.5M141.0M162.8M187.2M215.3M226.0M
Liabilities And Stockholders Equity8.5M11.4M8.4M6.6M7.6M8.0M
Other Current Assets113.2K139.3K245.2K409.9K471.4K494.9K
Other Stockholder Equity50K5.4M5.0M9.9M11.4M12.0M
Total Liab1.5M1.5M1.0M384.0K441.6K770.3K
Total Current Assets6.8M8.8M4.1M1.1M1.3M1.6M
Net Receivables53.5K80.4K167.1K72.8K83.7K87.9K
Other Current Liab256.6K491.8K197.2K168.1K151.3K180.6K
Property Plant And Equipment Net1.7M2.7M4.4M248.6K285.9K271.6K
Non Current Liabilities Total17.8K180.4K85.1K44.1K39.7K37.7K
Accumulated Other Comprehensive Income5.4M9.4M9.9M10.7M12.3M13.0M
Common Stock19.7M41.7M61.1M65.1M74.9M78.7M
Net Tangible Assets1.5M7.0M9.9M7.4M8.5M9.0M
Property Plant Equipment925.6K1.7M2.7M4.4M5.0M5.3M
Net Invested Capital7.0M9.9M7.4M6.2M7.1M5.3M
Net Working Capital5.3M7.4M3.1M799.0K918.8K872.9K
Capital Stock19.7M41.7M61.1M65.1M74.9M78.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Blackrock Stock Analysis

When running Blackrock Silver's price analysis, check to measure Blackrock Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Silver is operating at the current time. Most of Blackrock Silver's value examination focuses on studying past and present price action to predict the probability of Blackrock Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Silver's price. Additionally, you may evaluate how the addition of Blackrock Silver to your portfolios can decrease your overall portfolio volatility.