BlackRock Accounts Payable vs Common Stock Analysis

BYM Stock  USD 11.31  0.01  0.09%   
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 Accounts Payable and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Municipal Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BlackRock Municipal's Accounts Payable and Common Stock is 0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of BlackRock Municipal Income, assuming nothing else is changed. The correlation between historical values of BlackRock Municipal's Accounts Payable and Common Stock 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 Municipal Income are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., BlackRock Municipal's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Common Stock

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 Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, BlackRock Municipal's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 668.7 M, while Sales General And Administrative To Revenue is likely to drop 0.01.

BlackRock Municipal fundamental ratios Correlations

0.080.510.540.890.240.9-0.330.13-0.050.160.02-0.430.290.07-0.250.79-0.15-0.361.0-0.570.680.75-0.120.810.61
0.080.040.05-0.11-0.56-0.040.230.46-0.070.13-0.070.07-0.38-0.44-0.380.260.220.180.070.26-0.150.17-0.020.010.16
0.510.040.990.540.040.57-0.3-0.09-0.470.23-0.84-0.610.240.130.070.39-0.35-0.370.53-0.420.430.45-0.180.490.29
0.540.050.990.560.050.59-0.31-0.07-0.450.25-0.82-0.630.230.130.050.43-0.34-0.380.56-0.410.450.46-0.20.50.26
0.89-0.110.540.560.280.8-0.220.08-0.250.06-0.04-0.310.320.18-0.310.61-0.12-0.220.89-0.60.610.620.080.640.49
0.24-0.560.040.050.280.25-0.35-0.020.26-0.330.15-0.250.130.850.220.16-0.39-0.30.24-0.190.20.24-0.240.250.13
0.9-0.040.570.590.80.25-0.29-0.22-0.030.09-0.08-0.610.60.110.110.58-0.36-0.590.91-0.830.780.63-0.180.860.48
-0.330.23-0.3-0.31-0.22-0.35-0.290.00.32-0.690.230.03-0.310.10.19-0.21-0.3-0.04-0.340.26-0.34-0.1-0.23-0.21-0.18
0.130.46-0.09-0.070.08-0.02-0.220.0-0.130.130.10.27-0.820.0-0.80.210.410.510.10.44-0.520.030.14-0.290.03
-0.05-0.07-0.47-0.45-0.250.26-0.030.32-0.13-0.490.530.04-0.110.30.420.05-0.35-0.57-0.050.13-0.060.08-0.750.20.03
0.160.130.230.250.06-0.330.09-0.690.13-0.49-0.30.120.08-0.67-0.41-0.020.610.270.16-0.180.06-0.270.4-0.07-0.2
0.02-0.07-0.84-0.82-0.040.15-0.080.230.10.53-0.30.4-0.04-0.02-0.150.020.20.150.00.09-0.04-0.030.12-0.060.06
-0.430.07-0.61-0.63-0.31-0.25-0.610.030.270.040.120.4-0.3-0.35-0.52-0.340.670.56-0.440.45-0.46-0.390.36-0.63-0.11
0.29-0.380.240.230.320.130.6-0.31-0.82-0.110.08-0.04-0.3-0.070.480.05-0.24-0.430.32-0.740.780.20.110.480.23
0.07-0.440.130.130.180.850.110.10.00.3-0.67-0.02-0.35-0.070.360.08-0.64-0.380.07-0.030.010.25-0.440.170.07
-0.25-0.380.070.05-0.310.220.110.19-0.80.42-0.41-0.15-0.520.480.36-0.25-0.72-0.69-0.22-0.250.23-0.06-0.530.27-0.15
0.790.260.390.430.610.160.58-0.210.210.05-0.020.02-0.340.050.08-0.25-0.15-0.20.78-0.030.650.91-0.240.650.73
-0.150.22-0.35-0.34-0.12-0.39-0.36-0.30.41-0.350.610.20.67-0.24-0.64-0.72-0.150.71-0.170.26-0.28-0.380.63-0.47-0.18
-0.360.18-0.37-0.38-0.22-0.3-0.59-0.040.51-0.570.270.150.56-0.43-0.38-0.69-0.20.71-0.380.52-0.45-0.340.82-0.66-0.15
1.00.070.530.560.890.240.91-0.340.1-0.050.160.0-0.440.320.07-0.220.78-0.17-0.38-0.590.70.76-0.120.820.61
-0.570.26-0.42-0.41-0.6-0.19-0.830.260.440.13-0.180.090.45-0.74-0.03-0.25-0.030.260.52-0.59-0.56-0.14-0.03-0.59-0.09
0.68-0.150.430.450.610.20.78-0.34-0.52-0.060.06-0.04-0.460.780.010.230.65-0.28-0.450.7-0.560.67-0.070.720.52
0.750.170.450.460.620.240.63-0.10.030.08-0.27-0.03-0.390.20.25-0.060.91-0.38-0.340.76-0.140.67-0.310.750.89
-0.12-0.02-0.18-0.20.08-0.24-0.18-0.230.14-0.750.40.120.360.11-0.44-0.53-0.240.630.82-0.12-0.03-0.07-0.31-0.39-0.11
0.810.010.490.50.640.250.86-0.21-0.290.2-0.07-0.06-0.630.480.170.270.65-0.47-0.660.82-0.590.720.75-0.390.64
0.610.160.290.260.490.130.48-0.180.030.03-0.20.06-0.110.230.07-0.150.73-0.18-0.150.61-0.090.520.89-0.110.64
Click cells to compare fundamentals

BlackRock Municipal Account Relationship Matchups

BlackRock Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets672.2M670.8M588.5M518.1M490.9M499.7M
Other Current Liab(2.0M)(4.4M)91.9M(46.1M)(63.2M)(60.1M)
Total Stockholder Equity411.1M421.2M358.2M333.8M328.6M347.0M
Net Tangible Assets411.1M421.2M358.2M333.8M300.4M353.5M
Retained Earnings48.3M58.4M(4.8M)(25.8M)(26.2M)(24.9M)
Accounts Payable2.0M4.4M1.2M5.9M338.6K321.7K
Cash405.1K130.8K7.3K(7.6M)(6.9M)(6.5M)
Other Assets29.5K21.9K149.7M70.0M115.7M121.5M
Net Receivables6.8M9.8M13.7M4.8M5.9M7.0M
Total Liab261.0M4.4M230.4M184.3M162.3M170.5M
Long Term Investments664.9M665.4M661.0M512.9M484.6M632.7M
Total Current Liabilities2.0M4.4M93.2M47.1M64.7M58.4M
Other Current Assets(7.2M)(16.1M)(13.7M)324.8K349.7K367.2K
Total Current Assets6.8M9.8M14.3M5.2M(109.4M)(103.9M)
Short Long Term Debt Total258.6M351.9M226.7M177.4M159.6M196.7M
Net Debt325.4K244.6M226.7M185.1M159.6M117.7M
Non Current Assets Total665.4M661.0M574.2M512.9M484.6M491.2M
Non Currrent Assets Other(665.4M)(661.0M)149.7M7.6M(484.6M)(508.9M)
Cash And Short Term Investments466.5K7.3K(149.7M)7.6M(115.7M)(109.9M)
Short Term Investments466.5K6.3M(149.7M)7.6M(115.7M)(109.9M)
Liabilities And Stockholders Equity672.2M670.8M588.5M518.1M490.9M497.6M
Short Term Debt325.4K107.4M557.4K40.2M62.0M36.2M
Current Deferred Revenue1.7M(103.0M)(557.4K)(65.9K)891.7K936.3K

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When determining whether BlackRock Municipal is a strong investment it is important to analyze BlackRock Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock Municipal's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock Municipal. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.572
Earnings Share
0.53
Revenue Per Share
0.874
Quarterly Revenue Growth
(0.01)
The market value of BlackRock Municipal is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Municipal's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Municipal's market value can be influenced by many factors that don't directly affect BlackRock Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.