BlackRock Accounts Payable vs Common Stock Shares Outstanding Analysis
BTZ Stock | USD 10.97 0.07 0.64% |
BlackRock Credit financial indicator trend analysis is way more than just evaluating BlackRock Credit All prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Credit All is a good investment. Please check the relationship between BlackRock Credit Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Credit Allocation. 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.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Credit All Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BlackRock Credit's Accounts Payable and Common Stock Shares Outstanding is -0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of BlackRock Credit Allocation, assuming nothing else is changed. The correlation between historical values of BlackRock Credit's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of BlackRock Credit Allocation are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., BlackRock Credit's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents BlackRock Credit 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 Credit All 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from BlackRock Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Credit All 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 Credit Allocation. 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. Selling General Administrative is likely to rise to about 11.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 26.7 K in 2024.
BlackRock Credit fundamental ratios Correlations
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BlackRock Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Credit fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.1B | 2.0B | 1.7B | 1.8B | 2.2B | |
Total Stockholder Equity | 1.6B | 1.5B | 1.4B | 1.0B | 1.1B | 1.1B | |
Net Tangible Assets | 1.6B | 1.5B | 1.4B | 1.0B | 941.3M | 1.1B | |
Retained Earnings | 112.5M | 201.6M | 158.9M | (186.2M) | (113.2M) | (118.8M) | |
Accounts Payable | 6.1M | 9.0M | 8.3M | 68.1M | 78.3M | 82.2M | |
Cash | 69.8K | 804.0 | 167.8K | 64.1K | 1.5K | 1.4K | |
Other Assets | 615.7K | 2.3M | 2.5M | 17.4M | (434.0K) | (412.3K) | |
Net Receivables | 26.6M | 24.8M | 24.6M | 31.2M | 25.7M | 26.5M | |
Total Liab | 584.0M | 641.2M | 598.0M | 670.2M | 683.8M | 657.7M | |
Long Term Investments | 2.1B | 2.1B | 2.0B | 1.7B | 1.7B | 2.1B | |
Short Term Debt | 568.5M | 614.2M | 587.0M | 594.0M | 590.9M | 564.4M | |
Common Stock | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 1.4B | |
Short Long Term Debt Total | 568.5M | 1.3B | 587.0M | 589.3M | 590.9M | 558.4M | |
Total Current Liabilities | 6.1M | 9.0M | 8.3M | 68.1M | 685.7M | 720.0M | |
Net Debt | 568.5M | 614.0M | 587.0M | 589.3M | 590.9M | 615.4M | |
Common Stock Total Equity | 1.5B | 1.5B | 1.4B | 1.3B | 1.5B | 1.5B | |
Common Stock Shares Outstanding | 115.2M | 103.9M | 93.5M | 93.5M | 93.3M | 82.4M | |
Liabilities And Stockholders Equity | 2.1B | 2.1B | 2.0B | 1.7B | 1.8B | 2.1B | |
Other Current Liab | (6.1M) | (9.0M) | (595.3M) | (662.1M) | (669.1M) | (635.7M) | |
Other Current Assets | (32.4M) | (49.2M) | 2.6M | 18.5M | 15.9M | 16.7M | |
Total Current Assets | 26.6M | 25.0M | 24.6M | 31.3M | 41.5M | 29.4M | |
Non Current Assets Total | 2.1B | 2.1B | 2.0B | 1.7B | 1.7B | 1.7B | |
Non Currrent Assets Other | (2.1B) | (2.1B) | (2.0B) | (1.7B) | (1.7B) | (1.8B) | |
Cash And Short Term Investments | 804.0 | 167.8K | 22.0M | 64.1K | 1.5K | 1.4K | |
Short Term Investments | 4.8M | 24.1M | 22.0M | 8.1M | 16.3M | 9.2M | |
Non Current Liabilities Total | 6.1M | 614.2M | 587.0M | 68.1M | 683.8M | 718.0M | |
Net Invested Capital | 2.1B | 2.1B | 2.0B | 1.6B | 1.7B | 1.5B | |
Capital Stock | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 1.0B |
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