Blackrock Net Receivables vs Accounts Payable 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 Net Receivables and its Accounts Payable 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 Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Municipal Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.

The correlation between Blackrock Municipal's Net Receivables and Accounts Payable is 0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable 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 Receivables and Accounts Payable 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 Receivables of Blackrock Municipal Target are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Blackrock Municipal's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Blackrock Municipal obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blackrock Municipal are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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	0.19	0.0	0.22	-0.15	-0.12	-0.28	-0.39	-0.2	-0.37	-0.5	0.09	-0.09	-0.18
Retained Earnings	0.25		0.12	0.7	0.36	-0.09	-0.47	0.66	-0.34	0.19	0.18	0.6	0.0	0.18	-0.04	-0.19	0.18	0.04	-0.46	-0.61	0.19	0.33	-0.12	0.27	-0.15	0.2
Common Stock	0.98	0.12		0.53	-0.33	0.04	-0.46	0.67	0.44	-0.17	0.19	0.48	-0.05	0.15	0.05	0.12	-0.13	-0.14	-0.25	-0.32	-0.12	-0.42	-0.46	0.15	-0.02	-0.14
Total Assets	0.58	0.7	0.53		-0.11	0.0	-0.49	0.94	0.14	-0.03	0.34	0.88	-0.03	0.26	0.22	-0.04	-0.26	-0.25	-0.48	-0.5	-0.03	-0.1	-0.37	0.17	-0.05	-0.21
Short Long Term Debt Total	-0.3	0.36	-0.33	-0.11		-0.22	-0.08	-0.21	-0.71	0.73	-0.18	-0.13	0.03	-0.12	0.16	-0.47	0.53	-0.04	0.08	-0.12	0.54	0.67	0.29	0.31	-0.07	0.55
Other Current Liab	-0.03	-0.09	0.04	0.0	-0.22		0.62	-0.07	0.25	-0.58	0.36	-0.17	0.33	0.19	-0.19	-0.48	0.43	0.34	-0.54	0.43	0.43	-0.43	0.06	0.54	0.82	0.45
Total Current Liabilities	-0.54	-0.47	-0.46	-0.49	-0.08	0.62		-0.67	-0.02	-0.34	0.25	-0.64	0.45	0.21	-0.12	-0.21	0.16	0.26	-0.14	0.85	0.17	-0.07	0.43	-0.01	0.6	0.17
Total Stockholder Equity	0.73	0.66	0.67	0.94	-0.21	-0.07	-0.67		0.27	-0.03	0.26	0.84	-0.06	0.25	0.08	0.08	-0.24	-0.18	-0.42	-0.63	-0.12	-0.23	-0.55	0.19	-0.15	-0.22
Current Deferred Revenue	0.4	-0.34	0.44	0.14	-0.71	0.25	-0.02	0.27		-0.4	0.52	0.01	0.23	0.34	0.24	0.33	-0.3	-0.41	-0.11	0.28	-0.3	-0.97	-0.64	0.06	0.06	-0.32
Net Debt	-0.13	0.19	-0.17	-0.03	0.73	-0.58	-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	0.01	0.46	-0.23	0.04	-0.42	-0.01
Accounts Payable	0.19	0.18	0.19	0.34	-0.18	0.36	0.25	0.26	0.52	-0.24		-0.03	0.66	0.69	0.29	-0.1	0.05	-0.36	-0.65	0.38	0.12	-0.54	-0.25	0.29	0.28	0.06
Non Current Assets Total	0.52	0.6	0.48	0.88	-0.13	-0.17	-0.64	0.84	0.01	-0.11	-0.03		-0.5	-0.21	0.29	-0.01	-0.27	-0.26	-0.17	-0.62	-0.05	0.05	-0.17	0.02	-0.2	-0.22
Non Currrent Assets Other	-0.05	0.0	-0.05	-0.03	0.03	0.33	0.45	-0.06	0.23	0.17	0.66	-0.5		0.92	-0.24	-0.02	0.03	0.14	-0.51	0.37	-0.02	-0.28	-0.32	0.21	0.33	0.03
Other Assets	0.19	0.18	0.15	0.26	-0.12	0.19	0.21	0.25	0.34	0.14	0.69	-0.21	0.92		-0.22	0.23	-0.22	0.06	-0.56	0.19	-0.28	-0.33	-0.51	0.04	0.19	-0.24
Net Receivables	0.0	-0.04	0.05	0.22	0.16	-0.19	-0.12	0.08	0.24	0.09	0.29	0.29	-0.24	-0.22		-0.18	-0.02	-0.95	0.2	0.24	0.27	-0.18	0.07	0.08	-0.2	0.03
Common Stock Total Equity	0.22	-0.19	0.12	-0.04	-0.47	-0.48	-0.21	0.08	0.33	0.0	-0.1	-0.01	-0.02	0.23	-0.18		-0.76	-0.05	0.25	0.0	-0.97	-0.15	-0.39	-0.81	-0.4	-0.84
Common Stock Shares Outstanding	-0.15	0.18	-0.13	-0.26	0.53	0.43	0.16	-0.24	-0.3	-0.03	0.05	-0.27	0.03	-0.22	-0.02	-0.76		0.17	-0.22	0.08	0.86	0.11	0.37	0.73	0.34	0.99
Non Current Liabilities Total	-0.12	0.04	-0.14	-0.25	-0.04	0.34	0.26	-0.18	-0.41	-0.15	-0.36	-0.26	0.14	0.06	-0.95	-0.05	0.17		-0.21	-0.17	-0.06	0.3	0.15	0.02	0.37	0.15
Other Current Assets	-0.28	-0.46	-0.25	-0.48	0.08	-0.54	-0.14	-0.42	-0.11	0.32	-0.65	-0.17	-0.51	-0.56	0.2	0.25	-0.22	-0.21		0.02	-0.21	0.21	0.14	-0.4	-0.48	-0.24
Total Liab	-0.39	-0.61	-0.32	-0.5	-0.12	0.43	0.85	-0.63	0.28	-0.29	0.38	-0.62	0.37	0.19	0.24	0.0	0.08	-0.17	0.02		0.06	-0.31	0.28	-0.11	0.41	0.06
Total Current Assets	-0.2	0.19	-0.12	-0.03	0.54	0.43	0.17	-0.12	-0.3	0.01	0.12	-0.05	-0.02	-0.28	0.27	-0.97	0.86	-0.06	-0.21	0.06		0.11	0.4	0.82	0.34	0.92
Short Term Debt	-0.37	0.33	-0.42	-0.1	0.67	-0.43	-0.07	-0.23	-0.97	0.46	-0.54	0.05	-0.28	-0.33	-0.18	-0.15	0.11	0.3	0.21	-0.31	0.11		0.58	-0.25	-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	-0.51	0.07	-0.39	0.37	0.15	0.14	0.28	0.4	0.58		-0.16	0.24	0.38
Cash And Short Term Investments	0.09	0.27	0.15	0.17	0.31	0.54	-0.01	0.19	0.06	0.04	0.29	0.02	0.21	0.04	0.08	-0.81	0.73	0.02	-0.4	-0.11	0.82	-0.25	-0.16		0.32	0.78
Inventory	-0.09	-0.15	-0.02	-0.05	-0.07	0.82	0.6	-0.15	0.06	-0.42	0.28	-0.2	0.33	0.19	-0.2	-0.4	0.34	0.37	-0.48	0.41	0.34	-0.2	0.24	0.32		0.36
Deferred Long Term Liab	-0.18	0.2	-0.14	-0.21	0.55	0.45	0.17	-0.22	-0.32	-0.01	0.06	-0.22	0.03	-0.24	0.03	-0.84	0.99	0.15	-0.24	0.06	0.92	0.13	0.38	0.78	0.36

Click cells to compare fundamentals

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)	(82.2M)	(78.1M)
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	104.3M	109.5M
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	(84.2M)	(80.0M)
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	(104.3M)	(99.1M)
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	(104.3M)	(99.1M)
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC