BlackRock Other Current Assets vs Net Receivables Analysis
BTA Stock | USD 10.28 0.04 0.39% |
BlackRock Long financial indicator trend analysis is way more than just evaluating BlackRock Long Term prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Long Term is a good investment. Please check the relationship between BlackRock Long Other Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Long Term Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Long Term Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BlackRock Long's Other Current Assets and Net Receivables is -0.22. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of BlackRock Long Term Municipal, assuming nothing else is changed. The correlation between historical values of BlackRock Long's Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of BlackRock Long Term Municipal are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., BlackRock Long's Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Receivables
Most indicators from BlackRock Long's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Long Term 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 Long Term Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, BlackRock Long's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 170.7 M, whereas Selling General Administrative is forecasted to decline to about 174.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 9.8M | 9.4M | 10.8M | 10.0M | Other Operating Expenses | 2.7M | 11.2M | 12.9M | 13.5M |
BlackRock Long fundamental ratios Correlations
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BlackRock Long Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Long fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 265.5M | 294.0M | 259.2M | 226.1M | 231.6M | 216.7M | |
Other Current Liab | 110.7M | 113.8M | 107.6M | 86.6M | 742.9K | 705.8K | |
Total Current Liabilities | 112.7M | 115.1M | 115.2M | 112.4M | 86.8M | 66.5M | |
Total Stockholder Equity | 150.3M | 178.8M | 149.2M | 139.3M | 144.2M | 128.7M | |
Net Debt | 36.9M | (18.0K) | (91.3K) | 2.9K | 3.3K | 3.1K | |
Retained Earnings | (5.9M) | 22.5M | (7.2M) | (16.9M) | (11.0M) | (6.3M) | |
Non Current Assets Total | 196.8M | 222.0M | 203.9M | 223.7M | 201.3M | 201.7M | |
Non Currrent Assets Other | (63.0M) | (67.7M) | (50.3M) | (223.7M) | (257.3M) | (270.1M) | |
Other Assets | 63.0M | 67.7M | 49.6M | 53.0M | 47.7M | 45.3M | |
Cash And Short Term Investments | (82.8M) | 702.0 | 18.0K | 91.3K | 82.2K | 86.3K | |
Net Receivables | 5.6M | 3.9M | 4.2M | 2.3M | 5.0M | 4.3M | |
Common Stock Shares Outstanding | 13.6M | 13.4M | 13.5M | 13.4M | 13.4M | 14.8M | |
Liabilities And Stockholders Equity | 265.5M | 294.0M | 259.2M | 226.1M | 203.5M | 218.5M | |
Other Stockholder Equity | (167.4M) | (150.3M) | (178.8M) | (139.3M) | (125.4M) | (119.1M) | |
Total Liab | 115.1M | 115.2M | 110.0M | 86.8M | 87.4M | 88.0M | |
Total Current Assets | 4.8M | 5.6M | 4.2M | 5.6M | 2.4M | 4.5M | |
Net Tangible Assets | 150.3M | 178.8M | 149.2M | 139.3M | 150.1M | 127.0M | |
Accounts Payable | 2.2M | 688.5K | 2.4M | 109.9K | 6.2M | 4.1M | |
Long Term Debt | 34.6M | 36.9M | 38.6M | 31.7M | 28.6M | 35.6M | |
Non Current Liabilities Total | 485.1K | 2.2M | 688.5K | 2.4M | 2.1M | 2.0M | |
Long Term Investments | 259.8M | 289.7M | 254.2M | 223.7M | 229.3M | 254.9M | |
Common Stock | 156.3M | 156.3M | 156.4M | 156.2M | 156.4M | 153.0M | |
Common Stock Total Equity | 157.2M | 156.2M | 156.3M | 156.3M | 179.7M | 98.4M | |
Short Term Investments | (82.8M) | (63.0M) | (67.7M) | (50.3M) | (45.2M) | (47.5M) | |
Long Term Debt Total | 34.6M | 36.9M | 38.6M | 31.7M | 36.5M | 28.0M | |
Capital Surpluse | 156.2M | 156.3M | 156.3M | 156.4M | 179.8M | 148.4M | |
Cash And Equivalents | 102.6K | 227.6K | 231K | 657K | 755.6K | 793.3K | |
Capital Stock | 156.3M | 156.3M | 156.4M | 156.2M | 155.1M | 124.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BlackRock Long Term offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Long Term Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Long Term Municipal Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Long Term Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock Long. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock Long listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.522 | Earnings Share 0.89 | Revenue Per Share 0.799 | Quarterly Revenue Growth (0.01) |
The market value of BlackRock Long Term is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Long's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Long's market value can be influenced by many factors that don't directly affect BlackRock Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.