BlackRock Net Tangible Assets vs Net Debt Analysis
BFK Stock | USD 10.44 0.02 0.19% |
BlackRock Municipal financial indicator trend analysis is way more than just evaluating BlackRock Municipal prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Municipal is a good investment. Please check the relationship between BlackRock Municipal Net Tangible Assets and its Net Debt accounts. 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.
Net Tangible Assets vs Net Debt
Net Tangible Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Municipal Net Tangible Assets account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BlackRock Municipal's Net Tangible Assets and Net Debt is 0.1. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of BlackRock Municipal Income, assuming nothing else is changed. The correlation between historical values of BlackRock Municipal's Net Tangible Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of BlackRock Municipal Income are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., BlackRock Municipal's Net Tangible Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from BlackRock Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Municipal 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 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. Enterprise Value is expected to rise to about 715.7 M this year, although the value of Selling General Administrative will most likely fall to about 122.6 K.
BlackRock Municipal fundamental ratios Correlations
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BlackRock Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 992.2M | 1.1B | 953.9M | 819.3M | 787.9M | 932.8M | |
Total Stockholder Equity | 578.8M | 662.1M | 547.2M | 518.3M | 501.2M | 548.7M | |
Net Tangible Assets | 578.8M | 662.1M | 547.2M | 518.3M | 466.5M | 508.9M | |
Retained Earnings | (12.1M) | 70.0M | (46.5M) | (66.1M) | (75.4M) | (44.9M) | |
Accounts Payable | 5.7M | 2.7M | 14.8M | 29.2M | 25.4M | 24.1M | |
Cash | 22.9K | 192.2K | 39.5K | 1.4M | 0.0 | 2.1M | |
Net Receivables | 24.1M | 13.5M | 15.1M | 9.5M | 17.3M | 13.5M | |
Total Liab | 413.4M | 413.7M | 406.7M | 301.0M | 286.7M | 384.1M | |
Long Term Investments | 968.0M | 1.1B | 937.2M | 809.2M | 779.9M | 924.1M | |
Other Assets | 286.4M | 275.3M | 202.1M | 10.4M | 160.6K | 152.6K | |
Long Term Debt | 135.5M | 139.2M | 120.2M | 100.2M | 115.2M | 128.8M | |
Other Current Liab | 131.2M | 140.2M | 121.1M | (28.4M) | (25.5M) | (24.2M) | |
Total Current Liabilities | 142.6M | 142.9M | 135.9M | 30.1M | 27.1M | 25.7M | |
Net Debt | 135.5M | (39.5K) | 7.1K | 87.4K | 8.3K | 7.9K | |
Non Current Assets Total | 681.6M | 786.4M | 735.2M | 799.0M | 719.1M | 717.2M | |
Non Currrent Assets Other | (286.4M) | (275.3M) | (202.0M) | (10.2M) | (11.8M) | (12.3M) | |
Cash And Short Term Investments | (286.4M) | 39.5K | (202.0M) | (10.2M) | 2.1M | 2.2M | |
Common Stock Shares Outstanding | 44.3M | 43.3M | 45.0M | 44.4M | 43.9M | 45.0M | |
Other Stockholder Equity | (635.1M) | (578.8M) | (662.1M) | (547.2M) | (492.5M) | (467.9M) | |
Total Current Assets | 24.1M | 14.1M | 16.5M | 9.9M | 8.9M | 14.4M | |
Short Term Investments | (286.4M) | (275.3M) | (202.0M) | (10.2M) | (9.2M) | (9.7M) | |
Liabilities And Stockholders Equity | 992.2M | 1.1B | 953.9M | 819.3M | 932.8M | 807.4M | |
Long Term Debt Total | 135.5M | 139.2M | 120.2M | 100.2M | 90.2M | 92.4M |
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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.