Blackrock Current Deferred Revenue vs Net Receivables Analysis

BTT Stock  USD 21.08  0.04  0.19%   
Blackrock Municipal financial indicator trend analysis is way more than just evaluating Blackrock Municipal prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Municipal is a good investment. Please check the relationship between Blackrock Municipal Current Deferred Revenue and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Municipal Target. 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.

Current Deferred Revenue vs Net Receivables

Current Deferred Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Municipal Current Deferred Revenue account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Blackrock Municipal's Current Deferred Revenue and Net Receivables is 0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Blackrock Municipal Target, assuming nothing else is changed. The correlation between historical values of Blackrock Municipal's Current Deferred Revenue 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 Current Deferred Revenue of Blackrock Municipal Target 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 Current Deferred Revenue i.e., Blackrock Municipal's Current Deferred Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Receivables

Most indicators from Blackrock Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Municipal 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 Municipal Target. 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 this time, Blackrock Municipal's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (2.2 K).
 2021 2022 2023 2024 (projected)
Net Interest Income77.4M50.8M45.7M57.3M
Interest Income86.6M81.8M73.6M62.9M

Blackrock Municipal fundamental ratios Correlations

0.250.980.58-0.3-0.03-0.540.730.4-0.130.190.52-0.050.190.00.22-0.15-0.12-0.28-0.39-0.2-0.37-0.50.09-0.09-0.18
0.250.120.70.36-0.09-0.470.66-0.340.190.180.60.00.18-0.04-0.190.180.04-0.46-0.610.190.33-0.120.27-0.150.2
0.980.120.53-0.330.04-0.460.670.44-0.170.190.48-0.050.150.050.12-0.13-0.14-0.25-0.32-0.12-0.42-0.460.15-0.02-0.14
0.580.70.53-0.110.0-0.490.940.14-0.030.340.88-0.030.260.22-0.04-0.26-0.25-0.48-0.5-0.03-0.1-0.370.17-0.05-0.21
-0.30.36-0.33-0.11-0.22-0.08-0.21-0.710.73-0.18-0.130.03-0.120.16-0.470.53-0.040.08-0.120.540.670.290.31-0.070.55
-0.03-0.090.040.0-0.220.62-0.070.25-0.580.36-0.170.330.19-0.19-0.480.430.34-0.540.430.43-0.430.060.540.820.45
-0.54-0.47-0.46-0.49-0.080.62-0.67-0.02-0.340.25-0.640.450.21-0.12-0.210.160.26-0.140.850.17-0.070.43-0.010.60.17
0.730.660.670.94-0.21-0.07-0.670.27-0.030.260.84-0.060.250.080.08-0.24-0.18-0.42-0.63-0.12-0.23-0.550.19-0.15-0.22
0.4-0.340.440.14-0.710.25-0.020.27-0.40.520.010.230.340.240.33-0.3-0.41-0.110.28-0.3-0.97-0.640.060.06-0.32
-0.130.19-0.17-0.030.73-0.58-0.34-0.03-0.4-0.24-0.110.170.140.090.0-0.03-0.150.32-0.290.010.46-0.230.04-0.42-0.01
0.190.180.190.34-0.180.360.250.260.52-0.24-0.030.660.690.29-0.10.05-0.36-0.650.380.12-0.54-0.250.290.280.06
0.520.60.480.88-0.13-0.17-0.640.840.01-0.11-0.03-0.5-0.210.29-0.01-0.27-0.26-0.17-0.62-0.050.05-0.170.02-0.2-0.22
-0.050.0-0.05-0.030.030.330.45-0.060.230.170.66-0.50.92-0.24-0.020.030.14-0.510.37-0.02-0.28-0.320.210.330.03
0.190.180.150.26-0.120.190.210.250.340.140.69-0.210.92-0.220.23-0.220.06-0.560.19-0.28-0.33-0.510.040.19-0.24
0.0-0.040.050.220.16-0.19-0.120.080.240.090.290.29-0.24-0.22-0.18-0.02-0.950.20.240.27-0.180.070.08-0.20.03
0.22-0.190.12-0.04-0.47-0.48-0.210.080.330.0-0.1-0.01-0.020.23-0.18-0.76-0.050.250.0-0.97-0.15-0.39-0.81-0.4-0.84
-0.150.18-0.13-0.260.530.430.16-0.24-0.3-0.030.05-0.270.03-0.22-0.02-0.760.17-0.220.080.860.110.370.730.340.99
-0.120.04-0.14-0.25-0.040.340.26-0.18-0.41-0.15-0.36-0.260.140.06-0.95-0.050.17-0.21-0.17-0.060.30.150.020.370.15
-0.28-0.46-0.25-0.480.08-0.54-0.14-0.42-0.110.32-0.65-0.17-0.51-0.560.20.25-0.22-0.210.02-0.210.210.14-0.4-0.48-0.24
-0.39-0.61-0.32-0.5-0.120.430.85-0.630.28-0.290.38-0.620.370.190.240.00.08-0.170.020.06-0.310.28-0.110.410.06
-0.20.19-0.12-0.030.540.430.17-0.12-0.30.010.12-0.05-0.02-0.280.27-0.970.86-0.06-0.210.060.110.40.820.340.92
-0.370.33-0.42-0.10.67-0.43-0.07-0.23-0.970.46-0.540.05-0.28-0.33-0.18-0.150.110.30.21-0.310.110.58-0.25-0.20.13
-0.5-0.12-0.46-0.370.290.060.43-0.55-0.64-0.23-0.25-0.17-0.32-0.510.07-0.390.370.150.140.280.40.58-0.160.240.38
0.090.270.150.170.310.54-0.010.190.060.040.290.020.210.040.08-0.810.730.02-0.4-0.110.82-0.25-0.160.320.78
-0.09-0.15-0.02-0.05-0.070.820.6-0.150.06-0.420.28-0.20.330.19-0.2-0.40.340.37-0.480.410.34-0.20.240.320.36
-0.180.2-0.14-0.210.550.450.17-0.22-0.32-0.010.06-0.220.03-0.240.03-0.840.990.15-0.240.060.920.130.380.780.36
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Blackrock Municipal Account Relationship Matchups

Blackrock Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Net Tangible Assets1.9B1.9B1.7B1.7B1.9B1.7B
Retained Earnings179.2M245.5M26.0M(27.8M)(22.8M)(21.7M)
Common Stock1.7B1.7B1.7B1.7B1.6B1.7B
Total Assets2.9B2.9B2.7B2.5B2.4B2.9B
Short Long Term Debt Total1.0B982.9M977.2M819.3M819.4M726.4M
Other Current Liab(4.8M)(7.5M)(53.8M)(4.3M)(82.2M)(78.1M)
Total Current Liabilities4.8M7.5M53.7M4.3M85.2M109.3M
Total Stockholder Equity1.9B1.9B1.7B1.7B1.6B1.8B
Current Deferred Revenue(257.0M)(225.8M)53.7M4.3M1.8M1.9M
Net Debt1.1B1.0B1.0B907.5M819.4M884.5M
Accounts Payable4.8M7.5M53.7M4.3M10.8M17.1M
Non Current Assets Total2.8B2.9B2.7B2.5B2.4B2.9B
Non Currrent Assets Other(2.8B)(2.9B)(2.7B)(2.5B)(2.4B)(2.5B)
Other Assets43.0K3.4K21.7K13.8K104.3M109.5M
Net Receivables25.1M24.6M46.7M21.6M20.1M28.9M
Liabilities And Stockholders Equity2.9B2.9B2.7B2.5B2.4B2.9B
Non Current Liabilities Total749.7M749.7M53.7M749.8M749.8M553.4M
Other Current Assets(78.9M)3.4K21.7K13.8K49.0K51.5K
Total Liab4.8M7.5M1.0B4.3M835.0M524.5M
Total Current Assets25.1M24.6M46.7M21.6M(84.2M)(80.0M)
Cash(53.8M)(51.0M)(53.0M)(88.2M)(79.4M)(83.3M)
Cash And Short Term Investments53.8M51.0M53.0M88.2M(104.3M)(99.1M)
Long Term Debt749.6M749.6M749.7M749.7M862.2M824.6M
Short Term Investments53.8M51.0M53.0M88.2M(104.3M)(99.1M)
Long Term Debt Total749.6M749.6M749.7M749.7M862.2M824.6M
Long Term Investments2.8B2.9B2.7B2.5B2.4B2.1B
Capital Stock1.7B1.7B1.7B1.7B1.6B1.3B

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