BlackRock Ev To Sales vs Payables Turnover Analysis

TCPC Stock  USD 9.05  0.06  0.67%   
BlackRock TCP financial indicator trend analysis is way more than just evaluating BlackRock TCP Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock TCP Capital is a good investment. Please check the relationship between BlackRock TCP Ev To Sales and its Payables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Ev To Sales vs Payables Turnover

Ev To Sales vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock TCP Capital Ev To Sales account and Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock TCP's Ev To Sales and Payables Turnover is -0.12. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of BlackRock TCP Capital, assuming nothing else is changed. The correlation between historical values of BlackRock TCP's Ev To Sales and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of BlackRock TCP Capital are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Ev To Sales i.e., BlackRock TCP's Ev To Sales and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from BlackRock TCP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock TCP Capital 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 World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, BlackRock TCP's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.36, whereas Tax Provision is forecasted to decline to about 162 K.
 2021 2022 2023 2024 (projected)
Gross Profit150.8M213.9K129.2M81.4M
Total Revenue153.4M2.8M209.3M219.8M

BlackRock TCP fundamental ratios Correlations

-0.210.920.620.320.50.050.920.970.860.970.230.630.98-0.691.0-0.990.270.80.940.970.290.940.860.79-0.19
-0.21-0.250.17-0.880.390.670.06-0.11-0.09-0.170.74-0.34-0.16-0.26-0.220.17-0.050.08-0.25-0.21-0.04-0.22-0.2-0.050.28
0.92-0.250.60.330.440.020.780.880.740.810.080.470.83-0.440.92-0.910.160.640.920.970.160.920.860.71-0.13
0.620.170.60.10.30.030.590.640.590.590.20.290.63-0.50.58-0.570.190.50.480.540.20.470.560.53-0.14
0.32-0.880.330.1-0.16-0.450.120.230.310.29-0.510.590.290.060.32-0.290.030.020.330.290.020.320.340.22-0.37
0.50.390.440.3-0.160.470.670.580.580.50.750.210.48-0.560.48-0.530.380.50.540.540.390.560.610.320.04
0.050.670.020.03-0.450.470.280.140.190.060.830.180.06-0.320.06-0.08-0.520.210.110.09-0.510.130.090.450.06
0.920.060.780.590.120.670.280.940.90.940.480.620.95-0.870.92-0.950.290.770.840.880.310.850.810.77-0.17
0.97-0.110.880.640.230.580.140.940.860.960.340.570.97-0.710.96-0.950.250.750.930.950.260.930.890.81-0.18
0.86-0.090.740.590.310.580.190.90.860.870.330.650.88-0.750.86-0.870.210.710.750.810.220.760.810.76-0.18
0.97-0.170.810.590.290.50.060.940.960.870.30.680.99-0.780.97-0.960.320.830.890.90.340.890.80.78-0.21
0.230.740.080.2-0.510.750.830.480.340.330.30.190.27-0.580.22-0.25-0.010.430.270.220.00.30.210.360.14
0.63-0.340.470.290.590.210.180.620.570.650.680.190.66-0.510.64-0.64-0.060.470.590.54-0.050.590.510.67-0.09
0.98-0.160.830.630.290.480.060.950.970.880.990.270.66-0.780.97-0.970.30.80.880.90.320.880.820.8-0.22
-0.69-0.26-0.44-0.50.06-0.56-0.32-0.87-0.71-0.75-0.78-0.58-0.51-0.78-0.690.73-0.35-0.68-0.58-0.6-0.37-0.6-0.44-0.570.23
1.0-0.220.920.580.320.480.060.920.960.860.970.220.640.97-0.69-0.990.250.790.940.970.270.940.850.8-0.19
-0.990.17-0.91-0.57-0.29-0.53-0.08-0.95-0.95-0.87-0.96-0.25-0.64-0.970.73-0.99-0.3-0.78-0.92-0.96-0.31-0.93-0.84-0.770.16
0.27-0.050.160.190.030.38-0.520.290.250.210.32-0.01-0.060.3-0.350.25-0.30.240.220.221.00.220.2-0.320.11
0.80.080.640.50.020.50.210.770.750.710.830.430.470.8-0.680.79-0.780.240.710.70.250.710.550.66-0.06
0.94-0.250.920.480.330.540.110.840.930.750.890.270.590.88-0.580.94-0.920.220.710.970.221.00.820.73-0.15
0.97-0.210.970.540.290.540.090.880.950.810.90.220.540.9-0.60.97-0.960.220.70.970.230.980.870.75-0.17
0.29-0.040.160.20.020.39-0.510.310.260.220.340.0-0.050.32-0.370.27-0.311.00.250.220.230.220.21-0.310.1
0.94-0.220.920.470.320.560.130.850.930.760.890.30.590.88-0.60.94-0.930.220.711.00.980.220.820.73-0.15
0.86-0.20.860.560.340.610.090.810.890.810.80.210.510.82-0.440.85-0.840.20.550.820.870.210.820.71-0.09
0.79-0.050.710.530.220.320.450.770.810.760.780.360.670.8-0.570.8-0.77-0.320.660.730.75-0.310.730.71-0.27
-0.190.28-0.13-0.14-0.370.040.06-0.17-0.18-0.18-0.210.14-0.09-0.220.23-0.190.160.11-0.06-0.15-0.170.1-0.15-0.09-0.27
Click cells to compare fundamentals

BlackRock TCP Account Relationship Matchups

BlackRock TCP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.9B1.7B1.7B1.4B
Other Current Liab(23.9M)(21.2M)(18.0M)(14.1M)25.0M26.3M
Total Stockholder Equity776.3M765.0M829.5M746.8M687.6M727.1M
Accounts Payable23.9M21.2M18.0M14.1M960K912K
Cash44.8M20.0M19.6M82.4M112.2M117.9M
Other Assets8.5M6.6M7.5M(1.4B)1.6B1.6B
Common Stock Shares Outstanding58.8M58.8M58.0M57.8M66.4M49.9M
Total Liab945.8M907.0M1.1B972.6M1.0B692.2M
Total Current Liabilities23.9M43.2M39.9M14.1M26.0M21.0M
Net Debt863.0M830.0M992.9M861.6M873.0M612.6M
Retained Earnings(221.1M)(215.0M)(137.0M)(221.2M)(280.1M)(266.1M)
Non Current Assets Total1.6B1.6B1.8B1.6B1.6B1.4B
Non Currrent Assets Other(1.6B)(1.7B)(1.9B)(1.7B)(1.6B)(1.6B)
Cash And Short Term Investments44.8M20.0M19.6M1.5B112.2M166.2M
Net Receivables19.2M15.9M26.1M20.9M25.7M19.1M
Common Stock Total Equity58.9K58.8K58.8K57.8K66.4K48.7K
Liabilities And Stockholders Equity1.7B1.7B1.9B1.7B1.7B1.5B
Other Stockholder Equity997.4M980.0M966.4M967.9M967.6M927.3M
Total Current Assets64.1M35.9M45.6M1.5B140.2M178.3M
Common Stock58.8K58.8K58.8K57.8K66.4K52.1K
Short Long Term Debt Total907.8M850.0M1.0B944.0M985.2M879.4M
Non Current Liabilities Total907.8M850.0M1.0B14.1M985.2M629.9M
Other Current Assets(64.1M)1.6M2.7M2.8M2.3M2.4M
Net Tangible Assets776.3M765.0M829.5M746.8M858.8M863.2M
Deferred Long Term Liab5.5M5.0M4.8M3.6M3.2M3.9M
Long Term Investments1.6B1.6B1.8B1.6B1.6B1.7B
Net Invested Capital1.7B1.6B1.8B1.7B1.7B1.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether BlackRock TCP Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock TCP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Tcp Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Tcp Capital Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 TCP. 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 TCP 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
0.139
Dividend Share
1.36
Earnings Share
(0.55)
Revenue Per Share
3.422
Quarterly Revenue Growth
0.308
The market value of BlackRock TCP Capital 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 TCP's value that differs from its market value or its book value, called intrinsic value, which is BlackRock TCP'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 TCP's market value can be influenced by many factors that don't directly affect BlackRock TCP'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 TCP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock TCP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock TCP'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.