BlackRock Asset Turnover from 2010 to 2024

TCPC Stock  USD 9.41  0.15  1.62%   
BlackRock TCP's Asset Turnover is decreasing over the years with slightly volatile fluctuation. Asset Turnover is expected to dwindle to 0.09. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently BlackRock TCP Capital uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.12322362
Current Value
0.088
Quarterly Volatility
0.01637432
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BlackRock TCP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock TCP's main balance sheet or income statement drivers, such as Interest Expense of 24.1 M, Selling General Administrative of 56.9 M or Total Revenue of 219.8 M, as well as many indicators such as Price To Sales Ratio of 5.35, Dividend Yield of 0.088 or PTB Ratio of 1.08. BlackRock financial statements analysis is a perfect complement when working with BlackRock TCP Valuation or Volatility modules.
  
Check out the analysis of BlackRock TCP Correlation against competitors.

Latest BlackRock TCP's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of BlackRock TCP Capital over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. BlackRock TCP's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock TCP's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

BlackRock Asset Turnover Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.11
Coefficient Of Variation15.27
Mean Deviation0.01
Median0.11
Standard Deviation0.02
Sample Variance0.0003
Range0.0485
R-Value(0.30)
Mean Square Error0.0003
R-Squared0.09
Significance0.28
Slope(0)
Total Sum of Squares0

BlackRock Asset Turnover History

2024 0.088
2021 0.0872
2020 0.1
2016 0.11
2015 0.12
2014 0.0884
2013 0.0867

Other Fundumenentals of BlackRock TCP Capital

BlackRock TCP Asset Turnover component correlations

0.920.320.920.860.970.98-0.690.80.580.940.64-0.820.870.920.690.830.750.5-0.230.15
0.920.330.780.740.810.83-0.440.640.450.920.58-0.750.690.750.610.580.570.35-0.130.05
0.320.330.120.310.290.290.060.02-0.210.320.03-0.170.280.290.630.180.0-0.10.47-0.53
0.920.780.120.90.940.95-0.870.770.780.850.73-0.870.910.920.510.90.890.66-0.540.44
0.860.740.310.90.870.88-0.750.710.670.760.8-0.870.90.910.590.840.860.54-0.380.29
0.970.810.290.940.870.99-0.780.830.610.890.63-0.810.910.950.690.920.80.56-0.270.19
0.980.830.290.950.880.99-0.780.80.590.880.63-0.820.920.950.710.910.790.57-0.270.18
-0.69-0.440.06-0.87-0.75-0.78-0.78-0.68-0.73-0.6-0.540.62-0.83-0.77-0.35-0.91-0.83-0.660.62-0.54
0.80.640.020.770.710.830.8-0.680.610.710.71-0.610.790.750.430.80.770.61-0.350.31
0.580.45-0.210.780.670.610.59-0.730.610.580.73-0.790.610.650.00.670.880.59-0.80.77
0.940.920.320.850.760.890.88-0.60.710.580.6-0.780.710.820.510.710.70.38-0.260.23
0.640.580.030.730.80.630.63-0.540.710.730.6-0.770.710.720.20.640.870.55-0.570.56
-0.82-0.75-0.17-0.87-0.87-0.81-0.820.62-0.61-0.79-0.78-0.77-0.74-0.88-0.44-0.73-0.84-0.430.43-0.38
0.870.690.280.910.90.910.92-0.830.790.610.710.71-0.740.890.690.910.810.75-0.390.22
0.920.750.290.920.910.950.95-0.770.750.650.820.72-0.880.890.650.930.870.45-0.270.25
0.690.610.630.510.590.690.71-0.350.430.00.510.2-0.440.690.650.560.250.250.37-0.53
0.830.580.180.90.840.920.91-0.910.80.670.710.64-0.730.910.930.560.880.58-0.390.34
0.750.570.00.890.860.80.79-0.830.770.880.70.87-0.840.810.870.250.880.56-0.640.65
0.50.35-0.10.660.540.560.57-0.660.610.590.380.55-0.430.750.450.250.580.56-0.660.42
-0.23-0.130.47-0.54-0.38-0.27-0.270.62-0.35-0.8-0.26-0.570.43-0.39-0.270.37-0.39-0.64-0.66-0.93
0.150.05-0.530.440.290.190.18-0.540.310.770.230.56-0.380.220.25-0.530.340.650.42-0.93
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About BlackRock TCP Financial Statements

BlackRock TCP stakeholders use historical fundamental indicators, such as BlackRock TCP's Asset Turnover, to determine how well the company is positioned to perform in the future. Although BlackRock TCP investors may analyze each financial statement separately, they are all interrelated. For example, changes in BlackRock TCP's assets and liabilities are reflected in the revenues and expenses on BlackRock TCP's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in BlackRock TCP Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.12  0.09 

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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 the analysis of BlackRock TCP Correlation against competitors.
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.