Black Retained Earnings vs Accounts Payable Analysis

BKT Stock   0.03  0  8.82%   
Black Rock financial indicator trend analysis is way more than just evaluating Black Rock Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Rock Mining is a good investment. Please check the relationship between Black Rock Retained Earnings and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Rock Mining Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Black Rock's Retained Earnings and Accounts Payable is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Black Rock Mining, assuming nothing else is changed. The correlation between historical values of Black Rock's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Black Rock Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Black Rock's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Black Rock obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Black Rock Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Black Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Rock Mining 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 Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 5 M in 2024. Discontinued Operations is likely to gain to about 1.5 M in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation48.2K285.7K350.2K367.7K
Net Interest Income3.3K83.6K100.7K105.8K

Black Rock fundamental ratios Correlations

0.210.920.951.0-0.330.65-0.78-0.950.960.80.98-0.620.810.350.70.910.770.960.910.810.990.630.910.940.86
0.210.210.220.210.51-0.04-0.13-0.260.220.130.220.040.140.330.620.320.290.220.290.150.230.340.280.220.17
0.920.210.990.92-0.420.76-0.5-0.890.940.530.98-0.720.540.250.670.890.560.980.940.550.920.70.940.950.78
0.950.220.990.95-0.410.73-0.6-0.890.980.630.98-0.70.630.320.660.890.61.00.940.650.930.710.940.940.83
1.00.210.920.95-0.330.65-0.78-0.950.960.80.98-0.620.810.340.70.910.770.960.910.820.990.620.910.930.85
-0.330.51-0.42-0.41-0.33-0.430.070.3-0.37-0.09-0.380.38-0.09-0.050.24-0.110.03-0.39-0.27-0.11-0.32-0.35-0.28-0.29-0.4
0.65-0.040.760.730.65-0.43-0.2-0.630.670.230.74-0.950.24-0.040.50.660.150.70.730.240.660.150.740.710.35
-0.78-0.13-0.5-0.6-0.780.07-0.20.67-0.71-1.0-0.630.19-1.0-0.45-0.47-0.62-0.82-0.64-0.55-1.0-0.73-0.41-0.55-0.6-0.75
-0.95-0.26-0.89-0.89-0.950.3-0.630.67-0.88-0.69-0.940.58-0.7-0.45-0.67-0.84-0.72-0.89-0.83-0.71-0.99-0.54-0.83-0.88-0.79
0.960.220.940.980.96-0.370.67-0.71-0.880.730.95-0.640.740.40.640.870.640.990.910.760.930.710.910.920.88
0.80.130.530.630.8-0.090.23-1.0-0.690.730.66-0.231.00.450.480.650.820.670.581.00.760.430.580.620.77
0.980.220.980.980.98-0.380.74-0.63-0.940.950.66-0.70.660.260.720.920.680.970.940.670.980.630.940.960.8
-0.620.04-0.72-0.7-0.620.38-0.950.190.58-0.64-0.23-0.7-0.230.04-0.49-0.64-0.11-0.67-0.7-0.23-0.62-0.14-0.71-0.69-0.33
0.810.140.540.630.81-0.090.24-1.0-0.70.741.00.66-0.230.450.490.650.820.680.591.00.760.440.580.630.77
0.350.330.250.320.34-0.05-0.04-0.45-0.450.40.450.260.040.450.10.150.290.350.160.490.40.430.160.210.52
0.70.620.670.660.70.240.5-0.47-0.670.640.480.72-0.490.490.10.90.670.660.840.480.70.350.840.790.36
0.910.320.890.890.91-0.110.66-0.62-0.840.870.650.92-0.640.650.150.90.760.890.980.650.890.550.980.960.63
0.770.290.560.60.770.030.15-0.82-0.720.640.820.68-0.110.820.290.670.760.620.660.820.750.50.650.730.62
0.960.220.981.00.96-0.390.7-0.64-0.890.990.670.97-0.670.680.350.660.890.620.930.690.930.730.930.940.86
0.910.290.940.940.91-0.270.73-0.55-0.830.910.580.94-0.70.590.160.840.980.660.930.590.890.611.00.970.66
0.810.150.550.650.82-0.110.24-1.0-0.710.761.00.67-0.231.00.490.480.650.820.690.590.770.470.590.640.79
0.990.230.920.930.99-0.320.66-0.73-0.990.930.760.98-0.620.760.40.70.890.750.930.890.770.580.890.920.83
0.630.340.70.710.62-0.350.15-0.41-0.540.710.430.63-0.140.440.430.350.550.50.730.610.470.580.60.610.78
0.910.280.940.940.91-0.280.74-0.55-0.830.910.580.94-0.710.580.160.840.980.650.931.00.590.890.60.970.65
0.940.220.950.940.93-0.290.71-0.6-0.880.920.620.96-0.690.630.210.790.960.730.940.970.640.920.610.970.7
0.860.170.780.830.85-0.40.35-0.75-0.790.880.770.8-0.330.770.520.360.630.620.860.660.790.830.780.650.7
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Black Rock Account Relationship Matchups

Black Rock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6M33.6M57.4M61.3M63.1M66.3M
Other Current Liab603.0K325.4K574.0K1.6M1.7M1.8M
Total Current Liabilities898.8K468.6K1.8M3.3M3.2M3.4M
Total Stockholder Equity22.7M33.2M55.0M57.8M60.3M63.4M
Property Plant And Equipment Net31.9K23.5K595.8K1.3M53.5M56.2M
Net Debt(722.1K)(11.3M)(25.6M)(10.8M)(8.4M)(8.0M)
Retained Earnings(40.7M)(42.8M)(48.6M)(57.2M)(66.7M)(63.3M)
Accounts Payable295.8K143.2K1.2M1.4M1.4M1.4M
Cash722.1K11.3M26.1M11.5M8.9M9.3M
Non Current Assets Total22.8M22.2M30.3M48.1M53.5M56.2M
Cash And Short Term Investments722.1K11.3M26.1M11.7M9.1M9.6M
Net Receivables93.4K145.0K761.3K766.7K170.3K290.6K
Common Stock Shares Outstanding631.0M707.5M822.6M984.4M1.1B1.2B
Liabilities And Stockholders Equity23.6M33.6M57.4M61.3M63.1M66.3M
Non Current Liabilities Total284.2K295.8K606.4K530.1K353.9K220.0K
Total Liab898.8K468.6K2.4M3.8M3.6M3.8M
Property Plant And Equipment Gross22.8M22.2M30.3M48.4M54.3M57.0M
Total Current Assets815.5K11.4M27.1M13.3M9.6M10.0M
Accumulated Other Comprehensive Income2.4M1.0M2.7M3.5M4.1M4.3M
Common Stock61.0M74.9M100.9M111.5M122.9M129.0M
Other Current Assets93.37145.0234.3K1.6M295.8K310.6K
Property Plant Equipment22.8M22.2M30.3M48.1M55.3M58.0M
Non Currrent Assets Other22.8M22.2M29.7M46.8M52.6M55.2M
Inventory(93.37)(145.0)221.5K310.7K125.5K131.8K
Net Tangible Assets22.7M33.2M55.0M57.8M66.5M69.8M
Other Stockholder Equity(20.3K)(32.2K)(52.4K)(54.3K)(1.0)(1.05)
Net Invested Capital22.7M33.2M55.0M57.8M60.3M39.2M
Net Working Capital(83.4K)11.0M25.3M10.0M6.3M7.8M
Capital Stock61.0M74.9M100.9M111.5M122.9M97.0M

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