BlackRock Depreciation And Amortization vs Total Current Liabilities Analysis

BTZ Stock  USD 10.89  0.03  0.28%   
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 Depreciation And Amortization and its Total Current Liabilities 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.

Depreciation And Amortization vs Total Current Liabilities

Depreciation And Amortization vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Credit All Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BlackRock Credit's Depreciation And Amortization and Total Current Liabilities is -0.42. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities 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 Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BlackRock Credit Allocation are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., BlackRock Credit's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Liabilities

Total Current Liabilities is an item on BlackRock Credit 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 Credit Allocation 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.
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

0.65-0.730.66-0.5-0.19-0.23-0.39-0.050.60.711.00.50.830.150.5-0.13-0.110.390.490.190.47-0.25-0.150.420.0
0.65-0.640.99-0.27-0.720.27-0.870.00.60.080.670.080.340.270.63-0.040.020.780.570.410.79-0.54-0.020.870.36
-0.73-0.64-0.630.430.350.180.490.32-0.44-0.5-0.74-0.23-0.780.23-0.350.270.16-0.69-0.51-0.37-0.480.520.1-0.71-0.38
0.660.99-0.63-0.26-0.730.26-0.880.010.590.070.680.070.330.270.61-0.040.010.750.520.440.8-0.55-0.020.840.37
-0.5-0.270.43-0.26-0.31-0.210.080.47-0.8-0.49-0.48-0.2-0.470.08-0.81-0.04-0.07-0.38-0.26-0.55-0.580.270.74-0.36-0.32
-0.19-0.720.35-0.73-0.31-0.30.85-0.22-0.080.24-0.230.230.02-0.29-0.110.080.09-0.63-0.25-0.28-0.510.43-0.53-0.69-0.34
-0.230.270.180.26-0.21-0.3-0.28-0.070.16-0.56-0.24-0.77-0.50.190.52-0.04-0.060.310.230.340.46-0.21-0.270.340.18
-0.39-0.870.49-0.880.080.85-0.28-0.11-0.450.02-0.420.02-0.2-0.31-0.440.060.06-0.74-0.2-0.56-0.820.63-0.2-0.84-0.63
-0.050.00.320.010.47-0.22-0.07-0.11-0.28-0.04-0.030.04-0.120.84-0.260.05-0.04-0.280.11-0.53-0.16-0.160.42-0.21-0.36
0.60.6-0.440.59-0.8-0.080.16-0.45-0.280.390.590.420.370.20.850.250.250.630.370.560.82-0.44-0.410.620.42
0.710.08-0.50.07-0.490.24-0.560.02-0.040.390.710.70.90.060.17-0.12-0.170.070.060.080.13-0.03-0.060.030.02
1.00.67-0.740.68-0.48-0.23-0.24-0.42-0.030.590.710.50.840.160.48-0.13-0.110.410.490.190.48-0.26-0.110.450.02
0.50.08-0.230.07-0.20.23-0.770.020.040.420.70.50.540.13-0.010.360.330.0-0.02-0.10.010.00.12-0.03-0.01
0.830.34-0.780.33-0.470.02-0.5-0.2-0.120.370.90.840.54-0.090.22-0.29-0.260.250.20.190.25-0.18-0.130.260.12
0.150.270.230.270.08-0.290.19-0.310.840.20.060.160.13-0.090.180.290.170.030.28-0.240.25-0.310.280.08-0.17
0.50.63-0.350.61-0.81-0.110.52-0.44-0.260.850.170.48-0.010.220.18-0.020.010.540.420.540.83-0.35-0.610.590.32
-0.13-0.040.27-0.04-0.040.08-0.040.060.050.25-0.12-0.130.36-0.290.29-0.020.97-0.03-0.02-0.12-0.030.030.11-0.07-0.05
-0.110.020.160.01-0.070.09-0.060.06-0.040.25-0.17-0.110.33-0.260.170.010.970.010.06-0.12-0.040.00.00.0-0.04
0.390.78-0.690.75-0.38-0.630.31-0.74-0.280.630.070.410.00.250.030.54-0.030.010.510.640.8-0.690.010.970.64
0.490.57-0.510.52-0.26-0.250.23-0.20.110.370.060.49-0.020.20.280.42-0.020.060.51-0.180.29-0.42-0.120.5-0.23
0.190.41-0.370.44-0.55-0.280.34-0.56-0.530.560.080.19-0.10.19-0.240.54-0.12-0.120.64-0.180.76-0.38-0.350.620.81
0.470.79-0.480.8-0.58-0.510.46-0.82-0.160.820.130.480.010.250.250.83-0.03-0.040.80.290.76-0.65-0.240.840.67
-0.25-0.540.52-0.550.270.43-0.210.63-0.16-0.44-0.03-0.260.0-0.18-0.31-0.350.030.0-0.69-0.42-0.38-0.650.0-0.72-0.64
-0.15-0.020.1-0.020.74-0.53-0.27-0.20.42-0.41-0.06-0.110.12-0.130.28-0.610.110.00.01-0.12-0.35-0.240.0-0.02-0.06
0.420.87-0.710.84-0.36-0.690.34-0.84-0.210.620.030.45-0.030.260.080.59-0.070.00.970.50.620.84-0.72-0.020.66
0.00.36-0.380.37-0.32-0.340.18-0.63-0.360.420.020.02-0.010.12-0.170.32-0.05-0.040.64-0.230.810.67-0.64-0.060.66
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BlackRock Credit Account Relationship Matchups

BlackRock Credit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.0B1.7B1.8B2.2B
Total Stockholder Equity1.6B1.5B1.4B1.0B1.1B1.1B
Net Tangible Assets1.6B1.5B1.4B1.0B941.3M1.1B
Retained Earnings112.5M201.6M158.9M(186.2M)(113.2M)(118.8M)
Accounts Payable6.1M9.0M8.3M68.1M78.3M82.2M
Cash69.8K804.0167.8K64.1K1.5K1.4K
Other Assets615.7K2.3M2.5M17.4M41.1M43.1M
Net Receivables26.6M24.8M24.6M31.2M25.7M26.5M
Total Liab584.0M641.2M598.0M670.2M683.8M657.7M
Long Term Investments2.1B2.1B2.0B1.7B1.7B2.1B
Short Term Debt568.5M614.2M587.0M594.0M590.9M564.4M
Common Stock1.4B1.3B1.3B1.2B1.2B1.4B
Short Long Term Debt Total568.5M1.3B587.0M589.3M590.9M558.4M
Total Current Liabilities6.1M9.0M8.3M68.1M94.8M90.1M
Net Debt568.5M614.0M587.0M589.3M590.9M615.4M
Common Stock Total Equity1.5B1.5B1.4B1.3B1.5B1.5B
Common Stock Shares Outstanding115.2M103.9M93.5M93.5M93.3M82.4M
Liabilities And Stockholders Equity2.1B2.1B2.0B1.7B1.8B2.1B
Other Current Liab(6.1M)(9.0M)(595.3M)(662.1M)(78.3M)(82.2M)
Other Current Assets(32.4M)(49.2M)2.6M18.5M(42.0M)(39.9M)
Total Current Assets26.6M25.0M24.6M31.3M(1.0)(0.95)
Non Current Assets Total2.1B2.1B2.0B1.7B1.7B1.7B
Non Currrent Assets Other(2.1B)(2.1B)(2.0B)(1.7B)(1.7B)(1.8B)
Cash And Short Term Investments804.0167.8K22.0M64.1K16.3M17.2M
Short Term Investments4.8M24.1M22.0M8.1M16.3M9.2M
Non Current Liabilities Total6.1M614.2M587.0M68.1M683.8M718.0M
Net Invested Capital2.1B2.1B2.0B1.6B1.7B1.5B
Capital Stock1.4B1.3B1.3B1.2B1.2B1.0B

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