Blackrock Total Current Liabilities vs Cash Analysis

BTT Stock

USD 21.24 0.08 0.38%

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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Municipal Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Blackrock Municipal's Total Current Liabilities and Cash is 0.43. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blackrock Municipal Target are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Blackrock Municipal's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Blackrock Municipal balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackrock Municipal Target are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Blackrock Municipal, which is listed under current asset account on Blackrock Municipal Target balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blackrock Municipal customers. The amounts must be unrestricted with restricted cash listed in a different Blackrock Municipal account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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