BlackRock Municipal Financials

BFK Stock  USD 10.39  0.06  0.57%   
BlackRock Municipal Income may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, BlackRock Municipal's Total Liabilities is quite stable compared to the past year. Deferred Long Term Liabilities is expected to rise to about 244 K this year, although the value of Net Receivables will most likely fall to about 13.5 M. Key indicators impacting BlackRock Municipal's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.0E-42.0E-4
Notably Down
Slightly volatile
Operating Income5.6 M5.9 M
Notably Down
Slightly volatile
Current Ratio0.310.3
Sufficiently Up
Slightly volatile
Investors should never underestimate BlackRock Municipal's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor BlackRock Municipal's cash flow, debt, and profitability to make informed and accurate decisions about investing in BlackRock Municipal Income.

Net Income

8.12 Million

  
Understanding current and past BlackRock Municipal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BlackRock Municipal's financial statements are interrelated, with each one affecting the others. For example, an increase in BlackRock Municipal's assets may result in an increase in income on the income statement.

BlackRock Municipal Stock Summary

BlackRock Municipal competes with Blackrock Muniholdings, BlackRock Municipal, BlackRock Credit, Invesco Municipal, and Invesco High. BlackRock Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS09248F1093
CUSIP09248F109
LocationDelaware; U.S.A
Business Address50 Hudson Yards,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.blackrock.com/investing/products/24021
Phone212 810 5300
CurrencyUSD - US Dollar

BlackRock Municipal Key Financial Ratios

BlackRock Municipal Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets992.2M1.1B953.9M819.3M787.9M932.8M
Net Tangible Assets578.8M662.1M547.2M518.3M466.5M508.9M
Retained Earnings(12.1M)70.0M(46.5M)(66.1M)(75.4M)(44.9M)
Accounts Payable5.7M2.7M14.8M29.2M25.4M24.1M
Cash22.9K192.2K39.5K1.4M0.02.1M
Net Receivables24.1M13.5M15.1M9.5M17.3M13.5M
Total Liab413.4M413.7M406.7M301.0M286.7M384.1M
Other Assets286.4M275.3M202.1M10.4M160.6K152.6K
Long Term Debt135.5M139.2M120.2M100.2M115.2M128.8M
Other Current Liab131.2M140.2M121.1M(28.4M)(25.5M)(24.2M)
Net Debt135.5M(39.5K)7.1K87.4K8.3K7.9K
Total Current Assets24.1M14.1M16.5M9.9M8.9M14.4M
Long Term Debt Total135.5M139.2M120.2M100.2M90.2M92.4M

BlackRock Municipal Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense8.2M3.7M3.8M12.1M12.5M11.3M
Total Revenue(26.7M)113.4M(84.6M)(4.9M)11.5M9.0M
Gross Profit(26.7M)41.6M(84.6M)(4.9M)6.0M5.7M
Operating Income38.3M34.9M31.3M30.2M5.9M5.6M
Ebit(27.0M)113.0M(85.0M)(5.3M)(4.7M)(4.5M)
Cost Of Revenue(71.6M)71.8M(122.6M)(40.4M)3.0M3.2M
Income Before Tax(27.0M)113.0M(85.0M)(5.3M)11.4M8.1M
Net Income(27.0M)113.0M(85.0M)(5.3M)11.4M8.1M
Income Tax Expense(65.4M)78.1M(116.3M)(35.5M)(31.9M)(30.3M)
Ebitda(65.4M)78.1M(116.3M)(35.5M)(31.9M)(30.3M)
Interest Income57.1M41.6M37.9M35.2M35.1M2.3M
Net Interest Income36.6M37.9M34.2M23.1M22.6M26.3M

BlackRock Municipal Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(1.0M)543.5K885.5K(1.6M)632.6K664.3K
Dividends Paid(29.5M)(29.5M)(29.9M)(21.3M)7.2M14.1M
Net Income(27.0M)113.0M(85.0M)(5.3M)8.1M13.3M
Free Cash Flow12.6M26.3M49.7M117.0M134.6M141.3M
Other Non Cash Items38.4M(86.5M)134.4M121.9M140.2M147.2M
Net Borrowings15.8M3.7M(18.9M)(91.6M)(82.5M)(78.3M)
Change To Netincome38.4M(86.5M)134.4M121.9M140.2M147.2M

BlackRock Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Municipal's current stock value. Our valuation model uses many indicators to compare BlackRock Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock Municipal competition to find correlations between indicators driving BlackRock Municipal's intrinsic value. More Info.
BlackRock Municipal Income is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, BlackRock Municipal's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Municipal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

BlackRock Municipal Systematic Risk

BlackRock Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BlackRock Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on BlackRock Municipal correlated with the market. If Beta is less than 0 BlackRock Municipal generally moves in the opposite direction as compared to the market. If BlackRock Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BlackRock Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BlackRock Municipal is generally in the same direction as the market. If Beta > 1 BlackRock Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in BlackRock Municipal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BlackRock Municipal's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of BlackRock Municipal growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.86

At this time, BlackRock Municipal's Price Earnings To Growth Ratio is quite stable compared to the past year.

BlackRock Municipal December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of BlackRock Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BlackRock Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of BlackRock Municipal Income based on widely used predictive technical indicators. In general, we focus on analyzing BlackRock Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BlackRock Municipal's daily price indicators and compare them against related drivers.
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 census.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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
6.575
Dividend Share
0.411
Earnings Share
0.29
Revenue Per Share
0.813
Quarterly Revenue Growth
0.007
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.