Blackrock Net Interest Income vs Income Before Tax Analysis

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 Net Interest Income and its Income Before Tax 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.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Municipal Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Blackrock Municipal's Net Interest Income and Income Before Tax is -0.08. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax 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 Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Blackrock Municipal Target are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Blackrock Municipal's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Blackrock Municipal income statement and is an important metric when analyzing Blackrock Municipal profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Income	77.4M	50.8M	45.7M	57.3M
Interest Income	86.6M	81.8M	73.6M	62.9M

Net Interest Income Interest Income

Blackrock Municipal fundamental ratios Correlations

	Net Tangible Assets	Retained Earnings	Common Stock	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Inventory	Deferred Long Term Liab
Net Tangible Assets		0.25	0.98	0.58	-0.3	0.03	-0.54	0.73	0.4	-0.13	0.19	0.52	-0.05	0.09	0.0	0.22	-0.15	-0.12	-0.28	-0.39	0.21	-0.37	-0.5	0.5	-0.09	-0.18
Retained Earnings	0.25		0.12	0.7	0.36	-0.16	-0.47	0.66	-0.34	0.19	0.18	0.6	0.0	0.28	-0.04	-0.19	0.18	0.04	-0.46	-0.61	-0.24	0.33	-0.12	0.16	-0.15	0.2
Common Stock	0.98	0.12		0.53	-0.33	0.09	-0.46	0.67	0.44	-0.17	0.19	0.48	-0.05	0.08	0.05	0.12	-0.13	-0.14	-0.25	-0.32	0.15	-0.42	-0.46	0.49	-0.02	-0.14
Total Assets	0.58	0.7	0.53		-0.11	0.01	-0.49	0.94	0.14	-0.03	0.34	0.88	-0.03	0.23	0.22	-0.04	-0.26	-0.25	-0.48	-0.5	0.1	-0.1	-0.37	0.38	-0.05	-0.21
Short Long Term Debt Total	-0.3	0.36	-0.33	-0.11		-0.41	-0.08	-0.21	-0.71	0.73	-0.18	-0.13	0.03	0.15	0.16	-0.47	0.53	-0.04	0.08	-0.12	-0.45	0.67	0.29	-0.28	-0.07	0.55
Other Current Liab	0.03	-0.16	0.09	0.01	-0.41		0.63	-0.04	0.38	-0.65	0.37	-0.16	0.36	0.4	-0.26	-0.24	0.22	0.36	-0.53	0.47	-0.32	-0.52	-0.06	0.26	0.79	0.21
Total Current Liabilities	-0.54	-0.47	-0.46	-0.49	-0.08	0.63		-0.67	-0.02	-0.34	0.25	-0.64	0.45	0.31	-0.12	-0.21	0.16	0.26	-0.14	0.85	-0.24	-0.07	0.43	-0.33	0.6	0.17
Total Stockholder Equity	0.73	0.66	0.67	0.94	-0.21	-0.04	-0.67		0.27	-0.03	0.26	0.84	-0.06	0.18	0.08	0.08	-0.24	-0.18	-0.42	-0.63	0.14	-0.23	-0.55	0.55	-0.15	-0.22
Current Deferred Revenue	0.4	-0.34	0.44	0.14	-0.71	0.38	-0.02	0.27		-0.4	0.52	0.01	0.23	0.17	0.24	0.33	-0.3	-0.41	-0.11	0.28	0.42	-0.97	-0.64	0.67	0.06	-0.32
Net Debt	-0.13	0.19	-0.17	-0.03	0.73	-0.65	-0.34	-0.03	-0.4		-0.24	-0.11	0.17	0.14	0.09	0.0	-0.03	-0.15	0.32	-0.29	0.04	0.46	-0.23	0.07	-0.42	-0.01
Accounts Payable	0.19	0.18	0.19	0.34	-0.18	0.37	0.25	0.26	0.52	-0.24		-0.03	0.66	0.73	0.29	-0.1	0.05	-0.36	-0.65	0.38	0.0	-0.54	-0.25	0.39	0.28	0.06
Non Current Assets Total	0.52	0.6	0.48	0.88	-0.13	-0.16	-0.64	0.84	0.01	-0.11	-0.03		-0.5	-0.25	0.29	-0.01	-0.27	-0.26	-0.17	-0.62	0.15	0.05	-0.17	0.17	-0.2	-0.22
Non Currrent Assets Other	-0.05	0.0	-0.05	-0.03	0.03	0.36	0.45	-0.06	0.23	0.17	0.66	-0.5		0.93	-0.24	-0.02	0.03	0.14	-0.51	0.37	-0.1	-0.28	-0.32	0.34	0.33	0.03
Other Assets	0.09	0.28	0.08	0.23	0.15	0.4	0.31	0.18	0.17	0.14	0.73	-0.25	0.93		-0.16	-0.26	0.23	0.1	-0.69	0.2	-0.32	-0.25	-0.3	0.41	0.39	0.25
Net Receivables	0.0	-0.04	0.05	0.22	0.16	-0.26	-0.12	0.08	0.24	0.09	0.29	0.29	-0.24	-0.16		-0.18	-0.02	-0.95	0.2	0.24	0.21	-0.18	0.07	-0.06	-0.2	0.03
Common Stock Total Equity	0.22	-0.19	0.12	-0.04	-0.47	-0.24	-0.21	0.08	0.33	0.0	-0.1	-0.01	-0.02	-0.26	-0.18		-0.76	-0.05	0.25	0.0	0.91	-0.15	-0.39	0.11	-0.4	-0.84
Common Stock Shares Outstanding	-0.15	0.18	-0.13	-0.26	0.53	0.22	0.16	-0.24	-0.3	-0.03	0.05	-0.27	0.03	0.23	-0.02	-0.76		0.17	-0.22	0.08	-0.85	0.11	0.37	-0.11	0.34	0.99
Non Current Liabilities Total	-0.12	0.04	-0.14	-0.25	-0.04	0.36	0.26	-0.18	-0.41	-0.15	-0.36	-0.26	0.14	0.1	-0.95	-0.05	0.17		-0.21	-0.17	-0.41	0.3	0.15	-0.11	0.37	0.15
Other Current Assets	-0.28	-0.46	-0.25	-0.48	0.08	-0.53	-0.14	-0.42	-0.11	0.32	-0.65	-0.17	-0.51	-0.69	0.2	0.25	-0.22	-0.21		0.02	0.33	0.21	0.14	-0.31	-0.48	-0.24
Total Liab	-0.39	-0.61	-0.32	-0.5	-0.12	0.47	0.85	-0.63	0.28	-0.29	0.38	-0.62	0.37	0.2	0.24	0.0	0.08	-0.17	0.02		0.08	-0.31	0.28	-0.23	0.41	0.06
Total Current Assets	0.21	-0.24	0.15	0.1	-0.45	-0.32	-0.24	0.14	0.42	0.04	0.0	0.15	-0.1	-0.32	0.21	0.91	-0.85	-0.41	0.33	0.08		-0.21	-0.36	0.08	-0.45	-0.9
Short Term Debt	-0.37	0.33	-0.42	-0.1	0.67	-0.52	-0.07	-0.23	-0.97	0.46	-0.54	0.05	-0.28	-0.25	-0.18	-0.15	0.11	0.3	0.21	-0.31	-0.21		0.58	-0.69	-0.2	0.13
Cash	-0.5	-0.12	-0.46	-0.37	0.29	-0.06	0.43	-0.55	-0.64	-0.23	-0.25	-0.17	-0.32	-0.3	0.07	-0.39	0.37	0.15	0.14	0.28	-0.36	0.58		-0.93	0.24	0.38
Cash And Short Term Investments	0.5	0.16	0.49	0.38	-0.28	0.26	-0.33	0.55	0.67	0.07	0.39	0.17	0.34	0.41	-0.06	0.11	-0.11	-0.11	-0.31	-0.23	0.08	-0.69	-0.93		-0.05	-0.11
Inventory	-0.09	-0.15	-0.02	-0.05	-0.07	0.79	0.6	-0.15	0.06	-0.42	0.28	-0.2	0.33	0.39	-0.2	-0.4	0.34	0.37	-0.48	0.41	-0.45	-0.2	0.24	-0.05		0.36
Deferred Long Term Liab	-0.18	0.2	-0.14	-0.21	0.55	0.21	0.17	-0.22	-0.32	-0.01	0.06	-0.22	0.03	0.25	0.03	-0.84	0.99	0.15	-0.24	0.06	-0.9	0.13	0.38	-0.11	0.36

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Blackrock Municipal Account Relationship Matchups

Blackrock Municipal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Net Tangible Assets	1.9B	1.9B	1.7B	1.7B	1.9B	1.7B
Retained Earnings	179.2M	245.5M	26.0M	(27.8M)	(22.8M)	(21.7M)
Common Stock	1.7B	1.7B	1.7B	1.7B	1.6B	1.7B
Total Assets	2.9B	2.9B	2.7B	2.5B	2.4B	2.9B
Short Long Term Debt Total	1.0B	982.9M	977.2M	819.3M	819.4M	726.4M
Other Current Liab	(4.8M)	(7.5M)	(53.8M)	(4.3M)	4.8M	4.6M
Total Current Liabilities	4.8M	7.5M	53.7M	4.3M	85.2M	109.3M
Total Stockholder Equity	1.9B	1.9B	1.7B	1.7B	1.6B	1.8B
Current Deferred Revenue	(257.0M)	(225.8M)	53.7M	4.3M	1.8M	1.9M
Net Debt	1.1B	1.0B	1.0B	907.5M	819.4M	884.5M
Accounts Payable	4.8M	7.5M	53.7M	4.3M	10.8M	17.1M
Non Current Assets Total	2.8B	2.9B	2.7B	2.5B	2.4B	2.9B
Non Currrent Assets Other	(2.8B)	(2.9B)	(2.7B)	(2.5B)	(2.4B)	(2.5B)
Other Assets	43.0K	3.4K	21.7K	13.8K	(50.2M)	(47.7M)
Net Receivables	25.1M	24.6M	46.7M	21.6M	20.1M	28.9M
Liabilities And Stockholders Equity	2.9B	2.9B	2.7B	2.5B	2.4B	2.9B
Non Current Liabilities Total	749.7M	749.7M	53.7M	749.8M	749.8M	553.4M
Other Current Assets	(78.9M)	3.4K	21.7K	13.8K	49.0K	51.5K
Total Liab	4.8M	7.5M	1.0B	4.3M	835.0M	524.5M
Total Current Assets	25.1M	24.6M	46.7M	21.6M	70.4M	73.9M
Cash	(53.8M)	(51.0M)	(53.0M)	(88.2M)	(79.4M)	(83.3M)
Cash And Short Term Investments	53.8M	51.0M	53.0M	88.2M	50.2M	53.5M
Long Term Debt	749.6M	749.6M	749.7M	749.7M	862.2M	824.6M
Short Term Investments	53.8M	51.0M	53.0M	88.2M	50.2M	59.1M
Long Term Debt Total	749.6M	749.6M	749.7M	749.7M	862.2M	824.6M
Long Term Investments	2.8B	2.9B	2.7B	2.5B	2.4B	2.1B
Capital Stock	1.7B	1.7B	1.7B	1.7B	1.6B	1.3B

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