BlackRock New Financials

BNY Stock  USD 10.77  0.07  0.65%   
Based on the key measurements obtained from BlackRock New's financial statements, BlackRock New York 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 New's Cash And Short Term Investments are fairly stable compared to the past year. Short Term Investments is likely to rise to about 7.4 M in 2024, whereas Total Assets are likely to drop slightly above 411.3 M in 2024. Key indicators impacting BlackRock New's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.530.6213
Fairly Down
Slightly volatile
Operating Income14.5 M18.7 M
Significantly Down
Pretty Stable
Current Ratio0.941.44
Way Down
Slightly volatile
Investors should never underestimate BlackRock New'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 New's cash flow, debt, and profitability to make informed and accurate decisions about investing in BlackRock New York.

Net Income

11.29 Million

  
Understanding current and past BlackRock New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BlackRock New's financial statements are interrelated, with each one affecting the others. For example, an increase in BlackRock New's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in BlackRock New's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BlackRock New York. Check BlackRock New's Beneish M Score to see the likelihood of BlackRock New's management manipulating its earnings.

BlackRock New Stock Summary

BlackRock New competes with Invesco Trust, Pimco New, Pimco New, Blackrock Muniholdings, and DWS Municipal. BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States. Blackrock New is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS09248L1061
CUSIP09248L106
LocationDelaware; U.S.A
Business Address50 Hudson Yards,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.blackrock.com/investing/products/24023
Phone212 810 5300
CurrencyUSD - US Dollar

BlackRock New Key Financial Ratios

BlackRock New Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets333.9M630.4M536.2M480.5M476.1M411.3M
Net Tangible Assets195.8M376.6M308.3M293.0M336.9M268.1M
Retained Earnings17.7M40.0M(28.7M)(39.0M)(38.1M)(36.2M)
Accounts Payable694.9K1.4M3.2M3.0M4.4M2.6M
Other Assets16.5K969.8K77.0M342.7K(1.9M)(1.8M)
Net Receivables3.2M5.8M5.5M4.8M4.5M3.6M
Total Liab694.9K1.4M227.9M187.6M185.6M102.6M
Common Stock178.2M336.7M337.0M331.9M328.6M204.3M
Other Current Liab(694.9K)(1.4M)45.6M(3.0M)(4.4M)(4.2M)
Net Debt137.4M251.7M224.0M41.9K180.5M101.5M
Total Current Assets3.2M5.8M6.8M4.8M7.0M5.0M
Other Current Assets(3.6M)1.6M1.3M404.5K(4.5M)(4.3M)
Short Term Debt137.0M72.3M5.7K44.7K9.2K8.8K
Capital Stock178.2M336.7M337.0M331.9M328.6M294.0M

BlackRock New Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense2.3M1.4M2.6M6.9M7.9M8.3M
Total Revenue12.4M15.2M20.2M19.6M11.3M11.8M
Gross Profit10.4M12.6M16.8M16.8M8.2M10.8M
Operating Income10.2M12.4M16.7M16.6M18.7M14.5M
Ebit7.3M19.0M5.8M5.4M4.9M5.5M
Cost Of Revenue2.1M2.6M3.3M2.8M3.1M3.2M
Income Before Tax7.3M17.4M(53.1M)(1.5M)10.8M11.3M
Net Income7.3M17.4M(53.1M)(1.5M)10.8M11.3M
Income Tax Expense(3.0M)5.0M(69.8M)(18.1M)(16.3M)(15.4M)
Ebitda(3.0M)6.6M(10.9M)(11.2M)18.7M19.7M
Net Interest Income10.1M13.7M17.6M12.6M11.7M13.2M
Interest Income12.4M15.2M20.2M19.4M19.7M17.2M
Research Development0.781.073.150.480.550.52

BlackRock New Key Cash Accounts

Cash flow analysis captures how much money flows into and out of BlackRock New York. It measures of how well BlackRock is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money BlackRock New brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money BlackRock had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what BlackRock New has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(177.0K)15.4M656.9K(948.6K)291K305.6K
Dividends Paid7.2M11.9M15.4M11.7M10.3M8.4M
Net Income7.3M17.4M(53.1M)(1.5M)10.8M11.3M
Free Cash Flow50.9K20.2M43.5M53.8M16.1M18.4M
Other Non Cash Items(7.1M)2.1M96.1M55.1M4.8M4.6M
Net Borrowings7.0M(7.8M)(27.4M)(39.9M)(35.9M)(34.1M)
Change To Netincome(7.1M)2.1M96.1M55.1M63.4M66.6M

BlackRock Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BlackRock New's current stock value. Our valuation model uses many indicators to compare BlackRock New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock New competition to find correlations between indicators driving BlackRock New's intrinsic value. More Info.
BlackRock New York is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.60  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for BlackRock New York is roughly  1.68 . At this time, BlackRock New's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BlackRock New's earnings, one of the primary drivers of an investment's value.

BlackRock New York Systematic Risk

BlackRock New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BlackRock New 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on BlackRock New York correlated with the market. If Beta is less than 0 BlackRock New generally moves in the opposite direction as compared to the market. If BlackRock New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BlackRock New York is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BlackRock New is generally in the same direction as the market. If Beta > 1 BlackRock New moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in BlackRock New Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BlackRock New'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 New growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0268)

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

BlackRock New December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of BlackRock New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BlackRock New York. We use our internally-developed statistical techniques to arrive at the intrinsic value of BlackRock New York 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 New's daily price indicators and compare them against related drivers.

Additional Tools for BlackRock Stock Analysis

When running BlackRock New's price analysis, check to measure BlackRock New'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 BlackRock New is operating at the current time. Most of BlackRock New's value examination focuses on studying past and present price action to predict the probability of BlackRock New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock New's price. Additionally, you may evaluate how the addition of BlackRock New to your portfolios can decrease your overall portfolio volatility.