Blackrock Common Stock Total Equity vs Other Assets Analysis

BRWM Stock   509.00  11.00  2.12%   
Blackrock World financial indicator trend analysis is way more than just evaluating Blackrock World Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock World Mining is a good investment. Please check the relationship between Blackrock World Common Stock Total Equity and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock World Mining. 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.

Common Stock Total Equity vs Other Assets

Common Stock Total Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock World Mining Common Stock Total Equity account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blackrock World's Common Stock Total Equity and Other Assets is 0.56. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Blackrock World Mining, assuming nothing else is changed. The correlation between historical values of Blackrock World's Common Stock Total Equity and Other 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 World Mining are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Total Equity i.e., Blackrock World's Common Stock Total Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

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

Other Assets

Most indicators from Blackrock World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock World Mining 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 World Mining. 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.
Issuance Of Capital Stock is likely to gain to about 31.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 933.4 K in 2024.
 2021 2022 2023 2024 (projected)
Research Development0.940.861.180.87
Interest Income8.9M6.9M5.7M6.3M

Blackrock World fundamental ratios Correlations

1.00.20.390.480.320.690.550.280.57-0.370.340.99-0.94-0.320.580.330.390.50.720.620.720.390.33-0.21-0.39
1.00.210.360.440.310.640.520.280.55-0.320.310.99-0.95-0.330.550.310.440.480.660.560.660.380.29-0.23-0.4
0.20.210.01-0.170.00.0-0.130.07-0.140.48-0.470.2-0.170.09-0.12-0.460.490.02-0.09-0.12-0.110.06-0.17-0.19-0.15
0.390.360.010.41-0.030.39-0.050.160.03-0.50.460.36-0.30.16-0.010.47-0.210.260.580.540.570.20.58-0.37-0.12
0.480.44-0.170.410.140.670.390.120.45-0.490.590.48-0.51-0.160.410.57-0.110.240.630.610.670.180.360.09-0.25
0.320.310.0-0.030.140.580.560.160.66-0.370.490.32-0.4-0.290.560.5-0.10.210.390.340.420.220.65-0.330.22
0.690.640.00.390.670.580.70.260.81-0.750.590.66-0.72-0.220.730.59-0.220.420.860.780.90.380.64-0.05-0.15
0.550.52-0.13-0.050.390.560.7-0.010.89-0.540.430.5-0.53-0.140.990.41-0.10.270.620.620.640.130.51-0.110.11
0.280.280.070.160.120.160.26-0.010.16-0.22-0.010.25-0.24-0.60.010.020.150.930.23-0.120.220.98-0.070.20.19
0.570.55-0.140.030.450.660.810.890.16-0.610.550.55-0.66-0.330.90.54-0.070.360.580.510.620.290.51-0.180.09
-0.37-0.320.48-0.5-0.49-0.37-0.75-0.54-0.22-0.61-0.71-0.340.390.05-0.55-0.70.59-0.38-0.74-0.68-0.77-0.3-0.66-0.020.07
0.340.31-0.470.460.590.490.590.43-0.010.55-0.710.37-0.44-0.230.421.0-0.310.130.570.590.610.030.76-0.39-0.02
0.990.990.20.360.480.320.660.50.250.55-0.340.37-0.97-0.370.520.370.440.440.650.570.670.340.29-0.26-0.47
-0.94-0.95-0.17-0.3-0.51-0.4-0.72-0.53-0.24-0.660.39-0.44-0.970.4-0.55-0.43-0.42-0.4-0.6-0.52-0.63-0.33-0.30.280.45
-0.32-0.330.090.16-0.16-0.29-0.22-0.14-0.6-0.330.05-0.23-0.370.4-0.11-0.25-0.42-0.5-0.140.06-0.13-0.550.110.13-0.12
0.580.55-0.12-0.010.410.560.730.990.010.9-0.550.420.52-0.55-0.110.4-0.10.30.640.620.660.170.52-0.090.12
0.330.31-0.460.470.570.50.590.410.020.54-0.71.00.37-0.43-0.250.4-0.310.150.570.590.610.050.77-0.39-0.01
0.390.440.49-0.21-0.11-0.1-0.22-0.10.15-0.070.59-0.310.44-0.42-0.42-0.1-0.310.11-0.28-0.35-0.280.13-0.46-0.33-0.13
0.50.480.020.260.240.210.420.270.930.36-0.380.130.44-0.4-0.50.30.150.110.460.140.440.960.110.170.16
0.720.66-0.090.580.630.390.860.620.230.58-0.740.570.65-0.6-0.140.640.57-0.280.460.940.990.350.7-0.04-0.13
0.620.56-0.120.540.610.340.780.62-0.120.51-0.680.590.57-0.520.060.620.59-0.350.140.940.94-0.010.74-0.12-0.22
0.720.66-0.110.570.670.420.90.640.220.62-0.770.610.67-0.63-0.130.660.61-0.280.440.990.940.330.72-0.06-0.14
0.390.380.060.20.180.220.380.130.980.29-0.30.030.34-0.33-0.550.170.050.130.960.35-0.010.330.020.190.21
0.330.29-0.170.580.360.650.640.51-0.070.51-0.660.760.29-0.30.110.520.77-0.460.110.70.740.720.02-0.460.21
-0.21-0.23-0.19-0.370.09-0.33-0.05-0.110.2-0.18-0.02-0.39-0.260.280.13-0.09-0.39-0.330.17-0.04-0.12-0.060.19-0.46-0.25
-0.39-0.4-0.15-0.12-0.250.22-0.150.110.190.090.07-0.02-0.470.45-0.120.12-0.01-0.130.16-0.13-0.22-0.140.210.21-0.25
Click cells to compare fundamentals

Blackrock World Account Relationship Matchups

Blackrock World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets852.2M1.1B1.3B1.5B1.3B977.4M
Total Stockholder Equity757.1M930.8M1.1B1.3B1.2B897.1M
Other Liab124K215K633K560K504K478.8K
Retained Earnings488.9M667.2M816.5M938.0M58.0M55.1M
Other Assets431K2.9M665K12.0M10.7M11.3M
Total Liab90.7M118.7M139.2M167.1M160.1M168.1M
Cash1.4M309K26.3M29.5M10.6M15.9M
Common Stock Shares Outstanding176.4M176.1M173.7M181.0M190.6M191.7M
Other Current Liab(91.4M)(125.4M)(139.7M)(159.2M)(150.2M)(142.7M)
Total Current Liabilities95.0M131.0M145.5M166.5M160.0M168.0M
Non Current Assets Total845.8M1.0B1.3B1.4B1.3B1.1B
Non Currrent Assets Other(845.8M)(1.0B)(1.3B)(1.4B)(1.3B)(1.4B)
Net Receivables4.6M6.8M244K1K410K389.5K
Liabilities And Stockholders Equity852.2M1.1B1.3B1.5B1.3B1.1B
Non Current Liabilities Total90.7M118.7M139.2M167.1M149.8M157.3M
Total Current Assets6.0M7.1M31.5M29.5M21.7M14.6M
Short Long Term Debt Total90.7M118.7M139.2M158.8M149.8M86.6M
Net Debt89.3M118.4M112.9M129.3M139.2M70.5M
Short Term Debt90.7M124.8M139.2M158.8M149.8M99.6M
Cash And Short Term Investments1.4M309K26.3M29.5M10.6M16.8M
Other Current Assets9.4M13.5M10.8M16.5M14.3M11.3M
Inventory(5.1M)(9.8M)(5.9M)(16.5M)(11.1M)(10.6M)
Accumulated Other Comprehensive Income131.4M126.8M177.9M203.5M940.9M988.0M
Net Tangible Assets757.1M930.8M1.1B1.3B1.5B892.2M
Short Term Investments2.0M650K431K2.9M3.4M1.8M
Long Term Investments845.8M1.0B1.3B1.4B1.3B1.0B
Net Invested Capital847.8M1.0B1.3B1.5B1.3B1.2B

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