BTT Stock | | | USD 21.43 0.07 0.33% |
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 Gross Profit and its Ebit 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.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blackrock Municipal Gross Profit account and
Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Blackrock Municipal's Gross Profit and Ebit is 0.38. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit 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 Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Blackrock Municipal Target are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Blackrock Municipal's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Blackrock Municipal Target minus its cost of goods sold. It is profit before Blackrock Municipal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Ebit
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).
Blackrock Municipal fundamental ratios Correlations
Click cells to compare fundamentals
Blackrock Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackrock Municipal fundamental ratios Accounts
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Additional Tools for Blackrock Stock Analysis
When running Blackrock Municipal's price analysis, check to
measure Blackrock Municipal'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 Municipal is operating at the current time. Most of Blackrock Municipal's value examination focuses on studying past and present price action to
predict the probability of Blackrock Municipal'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 Municipal's price. Additionally, you may evaluate how the addition of Blackrock Municipal to your portfolios can decrease your overall portfolio volatility.