Block Historical Balance Sheet
SQ Stock | USD 92.26 0.44 0.47% |
Trend analysis of Block Inc balance sheet accounts such as Total Stockholder Equity of 19.6 B, Other Liab of 403.5 M or Property Plant And Equipment Net of 360.1 M provides information on Block's total assets, liabilities, and equity, which is the actual value of Block Inc to its prevalent stockholders. By breaking down trends over time using Block balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Block Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Block Inc is a good buy for the upcoming year.
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About Block Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Block Inc at a specified time, usually calculated after every quarter, six months, or one year. Block Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Block and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Block currently owns. An asset can also be divided into two categories, current and non-current.
Block Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Block assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Block Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Block balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Block Inc 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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most accounts from Block's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Block Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, Block's Non Current Assets Total are relatively stable compared to the past year. As of 11/25/2024, Non Currrent Assets Other is likely to grow to about 776.5 M, though Net Debt is likely to grow to (2 B).
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 5.4B | 7.2B | 8.8B | 9.2B | Total Assets | 13.9B | 31.4B | 34.1B | 35.8B |
Block balance sheet Correlations
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Block Account Relationship Matchups
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Block balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 466.1M | 482.2M | 501.8M | 578.9M | 614.0M | 438.7M | |
Total Assets | 4.6B | 9.9B | 13.9B | 31.4B | 34.1B | 35.8B | |
Other Current Liab | 1.5B | 4.1B | 5.4B | 7.2B | 8.8B | 9.2B | |
Total Current Liabilities | 1.7B | 4.1B | 5.4B | 8.4B | 9.9B | 10.4B | |
Total Stockholder Equity | 1.7B | 2.7B | 3.3B | 17.2B | 18.7B | 19.6B | |
Other Liab | 94.5M | 85.3M | 222.8M | 334.2M | 384.3M | 403.5M | |
Property Plant And Equipment Net | 262.3M | 690.4M | 731.5M | 702.5M | 540.8M | 360.1M | |
Net Debt | 27.8M | 335.4M | 1.1B | 400.2M | (2.1B) | (2.0B) | |
Retained Earnings | (510.3M) | (297.2M) | (28.0M) | (568.7M) | (528.4M) | (554.9M) | |
Accounts Payable | 95.8M | 286.5M | 336.8M | 558.4M | 151.0M | 175.6M | |
Cash | 1.0B | 3.2B | 4.4B | 4.5B | 8.2B | 8.6B | |
Non Current Assets Total | 1.2B | 2.0B | 3.1B | 15.5B | 15.2B | 16.0B | |
Non Currrent Assets Other | 196.4M | 499.3M | 370.5M | 484.2M | 739.5M | 776.5M | |
Other Assets | 86.4M | 90.5M | (812.0M) | 275.4M | 247.8M | 260.2M | |
Cash And Short Term Investments | 1.5B | 3.9B | 5.3B | 5.6B | 5.8B | 6.1B | |
Net Receivables | 753.5M | 1.2B | 1.7B | 4.7B | 6.2B | 6.5B | |
Good Will | 266.3M | 316.7M | 519.3M | 12.0B | 11.9B | 12.5B | |
Short Term Investments | 492.5M | 695.1M | 869.3M | 1.1B | 851.9M | 479.7M | |
Liabilities And Stockholders Equity | 4.6B | 9.9B | 13.9B | 31.4B | 34.1B | 35.8B | |
Non Current Liabilities Total | 1.1B | 3.1B | 5.2B | 5.7B | 5.5B | 5.7B | |
Inventory | 47.7M | 61.1M | 77.1M | 97.7M | 110.1M | 115.6M | |
Other Current Assets | 250.4M | 2.8B | 3.6B | 4.5B | 6.0B | 6.3B | |
Other Stockholder Equity | 2.2B | 3.0B | 3.3B | 18.3B | 19.6B | 20.6B | |
Total Liab | 2.8B | 7.2B | 11.7B | 14.1B | 15.4B | 16.1B | |
Property Plant And Equipment Gross | 262.3M | 690.4M | 731.5M | 702.5M | 864.1M | 907.3M | |
Total Current Assets | 3.2B | 7.8B | 11.6B | 15.6B | 18.9B | 19.8B | |
Accumulated Other Comprehensive Income | 1.6M | 23.3M | (16.4M) | (523.1M) | (378.3M) | (359.4M) | |
Intangible Assets | 69.1M | 137.6M | 257.0M | 2.0B | 1.8B | 1.8B | |
Property Plant Equipment | 262.3M | 233.5M | 282.1M | 702.5M | 807.8M | 848.2M | |
Short Long Term Debt Total | 1.1B | 3.5B | 5.5B | 4.9B | 6.1B | 3.1B | |
Net Tangible Assets | 1.4B | 2.2B | 2.5B | 3.2B | 3.7B | 3.9B | |
Long Term Debt | 938.8M | 2.6B | 4.6B | 4.1B | 5.0B | 5.2B | |
Long Term Investments | 647.3M | 464.0M | 1.5B | 884.6M | 796.3M | 565.3M | |
Short Term Debt | 27.3M | 105.5M | 128.1M | 527.2M | 806.8M | 847.1M | |
Current Deferred Revenue | 38.1M | 44.9M | 48.5M | 141.9M | 167.0M | 175.4M | |
Capital Surpluse | 2.2B | 3.0B | 3.3B | 18.3B | 21.1B | 22.1B | |
Retained Earnings Total Equity | (510.3M) | (297.2M) | (28.0M) | (568.7M) | (654.0M) | (686.7M) |
Pair Trading with Block
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Block position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Block will appreciate offsetting losses from the drop in the long position's value.Moving together with Block Stock
Moving against Block Stock
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0.58 | FC | Franklin Covey | PairCorr |
The ability to find closely correlated positions to Block could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Block when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Block - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Block Inc to buy it.
The correlation of Block is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Block moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Block Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Block can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Block Stock Analysis
When running Block's price analysis, check to measure Block'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 Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.