Blackrock Total Current Liabilities vs Non Current Assets Total Analysis

BIT Stock  USD 14.74  0.06  0.41%   
Blackrock Multi financial indicator trend analysis is way more than just evaluating Blackrock Multi Sector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Multi Sector is a good investment. Please check the relationship between Blackrock Multi Total Current Liabilities and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Multi Sector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Multi Sector Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blackrock Multi's Total Current Liabilities and Non Current Assets Total is -0.05. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Blackrock Multi Sector, assuming nothing else is changed. The correlation between historical values of Blackrock Multi's Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blackrock Multi Sector are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Blackrock Multi's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Blackrock Multi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackrock Multi Sector are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Blackrock Multi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Multi Sector 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 Multi Sector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Blackrock Multi's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.02 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.4 K in 2024.

Blackrock Multi fundamental ratios Correlations

0.960.890.940.940.9-0.650.27-0.11-0.420.52-0.060.77-0.39-0.460.96-0.740.950.850.060.760.48-0.16-0.160.03-0.51
0.960.890.820.880.77-0.70.09-0.22-0.490.62-0.180.65-0.26-0.520.99-0.81.00.72-0.060.750.62-0.09-0.230.09-0.51
0.890.890.810.80.75-0.610.36-0.05-0.310.450.150.72-0.44-0.650.88-0.660.890.750.190.860.610.24-0.490.11-0.81
0.940.820.810.920.95-0.650.430.1-0.270.30.080.82-0.4-0.350.81-0.670.820.920.150.730.29-0.28-0.150.1-0.47
0.940.880.80.920.88-0.620.17-0.08-0.380.44-0.20.84-0.34-0.460.88-0.710.880.910.160.660.44-0.22-0.1-0.02-0.43
0.90.770.750.950.88-0.520.320.13-0.260.260.010.75-0.42-0.320.77-0.680.770.840.080.640.32-0.330.030.04-0.34
-0.65-0.7-0.61-0.65-0.62-0.52-0.150.010.19-0.30.03-0.5-0.120.3-0.580.7-0.7-0.610.09-0.64-0.380.290.52-0.630.36
0.270.090.360.430.170.32-0.150.170.17-0.050.860.31-0.30.160.10.180.090.330.30.48-0.350.18-0.40.06-0.43
-0.11-0.22-0.050.1-0.080.130.010.170.16-0.890.120.05-0.020.06-0.29-0.07-0.220.1-0.010.14-0.08-0.090.020.040.0
-0.42-0.49-0.31-0.27-0.38-0.260.190.170.16-0.340.51-0.130.060.02-0.50.12-0.5-0.170.0-0.040.00.080.01-0.040.07
0.520.620.450.30.440.26-0.3-0.05-0.89-0.34-0.130.21-0.09-0.260.67-0.290.620.22-0.030.240.320.03-0.10.02-0.2
-0.06-0.180.150.08-0.20.010.030.860.120.51-0.130.05-0.180.17-0.180.29-0.180.020.170.33-0.270.33-0.430.13-0.38
0.770.650.720.820.840.75-0.50.310.05-0.130.210.05-0.46-0.40.66-0.520.650.970.280.610.33-0.1-0.280.03-0.61
-0.39-0.26-0.44-0.4-0.34-0.42-0.12-0.3-0.020.06-0.09-0.18-0.460.38-0.350.1-0.26-0.41-0.39-0.27-0.17-0.23-0.040.490.53
-0.46-0.52-0.65-0.35-0.46-0.320.30.160.060.02-0.260.17-0.40.38-0.510.53-0.52-0.41-0.45-0.41-0.78-0.480.350.050.68
0.960.990.880.810.880.77-0.580.1-0.29-0.50.67-0.180.66-0.35-0.51-0.740.990.71-0.030.720.59-0.05-0.15-0.04-0.5
-0.74-0.8-0.66-0.67-0.71-0.680.70.18-0.070.12-0.290.29-0.520.10.53-0.74-0.8-0.610.33-0.69-0.790.320.05-0.170.27
0.951.00.890.820.880.77-0.70.09-0.22-0.50.62-0.180.65-0.26-0.520.99-0.80.72-0.060.750.62-0.09-0.230.09-0.51
0.850.720.750.920.910.84-0.610.330.1-0.170.220.020.97-0.41-0.410.71-0.610.720.270.650.32-0.21-0.250.1-0.55
0.06-0.060.190.150.160.080.090.3-0.010.0-0.030.170.28-0.39-0.45-0.030.33-0.060.27-0.13-0.180.48-0.31-0.08-0.46
0.760.750.860.730.660.64-0.640.480.14-0.040.240.330.61-0.27-0.410.72-0.690.750.65-0.130.580.12-0.460.1-0.67
0.480.620.610.290.440.32-0.38-0.35-0.080.00.32-0.270.33-0.17-0.780.59-0.790.620.32-0.180.580.23-0.2-0.03-0.48
-0.16-0.090.24-0.28-0.22-0.330.290.18-0.090.080.030.33-0.1-0.23-0.48-0.050.32-0.09-0.210.480.120.23-0.51-0.22-0.62
-0.16-0.23-0.49-0.15-0.10.030.52-0.40.020.01-0.1-0.43-0.28-0.040.35-0.150.05-0.23-0.25-0.31-0.46-0.2-0.51-0.590.75
0.030.090.110.1-0.020.04-0.630.060.04-0.040.020.130.030.490.05-0.04-0.170.090.1-0.080.1-0.03-0.22-0.59-0.09
-0.51-0.51-0.81-0.47-0.43-0.340.36-0.430.00.07-0.2-0.38-0.610.530.68-0.50.27-0.51-0.55-0.46-0.67-0.48-0.620.75-0.09
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Blackrock Multi Account Relationship Matchups

Blackrock Multi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B927.8M872.8M785.6M924.7M
Short Long Term Debt Total354.9M388.7M293.5M285.6M257.1M344.8M
Total Current Liabilities16.6M68.5M55.7M47.2M42.4M40.3M
Total Stockholder Equity662.9M676.4M552.6M520.8M468.7M544.1M
Net Debt353.0M386.0M292.6M(639.5K)(575.6K)(546.8K)
Retained Earnings(19.9M)6.2M(103.3M)(114.3M)(102.9M)(97.8M)
Accounts Payable16.6M68.5M55.7M47.2M54.2M29.7M
Cash101.0K881.9K888.4K639.5K575.6K546.8K
Non Current Assets Total1.0B1.1B874.9M834.5M959.6M1.1B
Non Currrent Assets Other(1.0B)(1.1B)(874.9M)(834.5M)(959.6M)(1.0B)
Other Assets17.5M19.3M21.4M11.5M10.3M9.8M
Cash And Short Term Investments101.0K881.9K888.4K6.3M5.7M3.7M
Common Stock Shares Outstanding47.9M37.6M37.7M37.9M43.6M42.7M
Liabilities And Stockholders Equity1.1B1.2B927.8M872.8M785.6M924.7M
Non Current Liabilities Total353.1M386.9M55.7M285.6M328.5M195.0M
Total Liab394.5M476.0M375.2M352.0M316.8M380.6M
Total Current Assets12.8M17.7M31.4M26.9M30.9M17.7M
Short Term Debt354.9M388.5M293.6M288.0M259.2M344.9M
Common Stock682.8M670.2M655.9M635.2M571.6M559.7M
Other Current Liab(16.6M)(68.5M)237.8M(47.2M)(54.2M)(51.5M)
Current Deferred Revenue(338.3M)(320.0M)(237.8M)(240.8M)(216.7M)(227.6M)
Long Term Debt118.4K160.5K54.7K177.5K204.1K214.3K
Net Receivables12.7M17.7M31.4M26.2M30.2M25.0M
Short Term Investments17.6M36.2M11.8M5.7M6.5M12.2M
Long Term Debt Total118.4K160.5K54.7K177.5K204.1K214.3K
Other Current Assets(32.8M)(56.6M)(55.9M)(38.2M)(34.4M)(36.1M)
Net Invested Capital1.0B1.1B846.1M806.5M927.4M979.1M
Long Term Investments1.0B1.1B874.9M834.5M751.0M823.7M
Inventory32.8M55.7M43.2M32.6M37.4M39.0M
Capital Stock682.8M670.2M655.9M635.2M571.6M541.5M

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