BlackRock Other Current Assets vs Short Term Debt Analysis

BLK Stock  USD 1,023  3.35  0.33%   
BlackRock financial indicator trend analysis is way more than just evaluating BlackRock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock is a good investment. Please check the relationship between BlackRock Other Current Assets and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.

Other Current Assets vs Short Term Debt

Other Current Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Other Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BlackRock's Other Current Assets and Short Term Debt is 0.43. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of BlackRock, assuming nothing else is changed. The correlation between historical values of BlackRock's Other Current Assets and Short Term 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 Other Current Assets of BlackRock are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Current Assets i.e., BlackRock's Other Current Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Debt

Most indicators from BlackRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.Enterprise Value is expected to rise to about 102.1 B this year, although the value of Selling General Administrative will most likely fall to about 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.8B8.8B8.7B4.8B
Total Revenue19.4B17.9B17.9B18.8B

BlackRock fundamental ratios Correlations

0.410.370.48-0.290.01-0.140.990.260.88-0.070.980.330.450.99-0.340.840.610.750.720.260.970.720.630.590.59
0.410.470.790.520.330.490.420.680.640.210.290.230.170.30.490.280.060.780.620.680.260.670.820.690.69
0.370.470.470.310.290.240.460.350.710.060.330.20.360.320.27-0.08-0.120.610.530.340.380.210.60.080.08
0.480.790.470.46-0.190.650.480.770.660.470.31-0.16-0.030.340.410.390.110.910.840.760.290.640.960.840.84
-0.290.520.310.460.070.87-0.280.720.00.19-0.35-0.1-0.07-0.391.0-0.29-0.270.230.20.72-0.410.030.390.280.29
0.010.330.29-0.190.07-0.270.08-0.280.2-0.440.060.680.360.050.09-0.23-0.10.0-0.1-0.280.090.05-0.03-0.19-0.19
-0.140.490.240.650.87-0.27-0.160.860.080.51-0.23-0.42-0.35-0.270.84-0.06-0.230.380.350.87-0.310.180.540.490.5
0.990.420.460.48-0.280.08-0.160.240.91-0.090.970.350.470.98-0.330.750.570.760.710.230.980.660.650.540.53
0.260.680.350.770.72-0.280.860.240.40.420.18-0.21-0.070.150.680.310.060.620.561.00.10.480.720.680.69
0.880.640.710.660.00.20.080.910.40.020.820.320.470.82-0.050.580.320.910.840.390.830.710.830.590.59
-0.070.210.060.470.19-0.440.51-0.090.420.02-0.17-0.55-0.61-0.160.150.02-0.260.30.340.42-0.20.210.370.320.32
0.980.290.330.31-0.350.06-0.230.970.180.82-0.170.380.50.99-0.40.820.620.630.620.170.990.640.50.480.48
0.330.230.2-0.16-0.10.68-0.420.35-0.210.32-0.550.380.610.38-0.090.180.430.080.02-0.210.390.160.01-0.06-0.06
0.450.170.36-0.03-0.070.36-0.350.47-0.070.47-0.610.50.610.5-0.060.310.430.210.3-0.070.510.350.110.050.05
0.990.30.320.34-0.390.05-0.270.980.150.82-0.160.990.380.5-0.440.830.630.650.630.140.990.650.510.490.49
-0.340.490.270.411.00.090.84-0.330.68-0.050.15-0.4-0.09-0.06-0.44-0.33-0.280.160.130.68-0.46-0.020.330.230.24
0.840.28-0.080.39-0.29-0.23-0.060.750.310.580.020.820.180.310.83-0.330.650.550.610.30.750.780.460.710.71
0.610.06-0.120.11-0.27-0.1-0.230.570.060.32-0.260.620.430.430.63-0.280.650.240.310.060.60.460.160.330.33
0.750.780.610.910.230.00.380.760.620.910.30.630.080.210.650.160.550.240.930.610.620.750.980.80.8
0.720.620.530.840.2-0.10.350.710.560.840.340.620.020.30.630.130.610.310.930.550.590.780.90.780.78
0.260.680.340.760.72-0.280.870.231.00.390.420.17-0.21-0.070.140.680.30.060.610.550.090.480.710.670.68
0.970.260.380.29-0.410.09-0.310.980.10.83-0.20.990.390.510.99-0.460.750.60.620.590.090.580.480.40.4
0.720.670.210.640.030.050.180.660.480.710.210.640.160.350.65-0.020.780.460.750.780.480.580.70.820.82
0.630.820.60.960.39-0.030.540.650.720.830.370.50.010.110.510.330.460.160.980.90.710.480.70.820.82
0.590.690.080.840.28-0.190.490.540.680.590.320.48-0.060.050.490.230.710.330.80.780.670.40.820.821.0
0.590.690.080.840.29-0.190.50.530.690.590.320.48-0.060.050.490.240.710.330.80.780.680.40.820.821.0
Click cells to compare fundamentals

BlackRock Account Relationship Matchups

BlackRock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets168.6B177.0B152.6B117.6B123.2B119.8B
Short Long Term Debt Total5.1B8.0B9.3B8.5B9.7B5.6B
Total Current Liabilities1.2B1.0B1.4B1.3B1.2B1.5B
Total Stockholder Equity33.5B35.3B37.7B37.7B39.3B21.1B
Property Plant And Equipment Net715M681M2.4B2.5B2.5B2.7B
Net Debt126M(1.4B)(5M)1.1B966M1.0B
Retained Earnings21.7B24.3B27.7B29.9B32.3B34.0B
Non Current Assets Total145.1B148.3B132.5B101.2B105.5B102.9B
Cash And Short Term Investments4.8B8.7B9.3B7.4B8.7B9.2B
Common Stock Shares Outstanding157.5M154.8M154.4M152.4M150.7M141.1M
Liabilities And Stockholders Equity168.6B177.0B152.6B117.6B123.2B119.8B
Non Current Liabilities Total132.5B138.3B112.4B77.5B80.2B119.4B
Other Current Assets(8.9B)(13.1B)7.1B5.8B4.8B3.9B
Other Stockholder Equity(9.2B)(13.1B)10.6B9.0B7.8B9.2B
Total Liab133.7B139.3B113.8B78.8B82.0B98.1B
Property Plant And Equipment Gross715M681M3.6B3.9B4.0B4.2B
Total Current Assets23.5B28.7B20.2B16.4B17.7B16.6B
Short Term Debt1B152M750M1.9B180M171M
Intangible Assets18.4B18.3B18.5B18.3B18.3B12.6B
Accounts Payable1.2B897M1.2B1.2B886M796.4M
Cash4.8B8.7B9.3B7.4B8.7B9.2B
Non Currrent Assets Other105.8B107.6B86.2B54.1B61.2B80.9B
Net Receivables3.2B3.5B3.8B3.3B3.9B2.6B
Good Will14.6B14.6B15.4B15.3B15.5B10.6B
Accumulated Other Comprehensive Income(571M)(337M)(550M)(1.1B)(840M)(798M)
Other Current Liab17.8B19.2B10.2B(367M)174M165.3M
Other Liab109.1B111.2B93.0B61.0B70.2B81.0B
Other Assets104.0B131.3B96.1B61.8B70.7B80.3B
Treasury Stock(6.7B)(8.0B)(9.1B)(10.8B)(9.7B)(9.2B)
Property Plant Equipment715M681M762M2.5B2.9B3.1B
Inventory30.6B24.4B29.6B22.1B25.4B26.7B
Long Term Debt5.0B7.3B7.4B6.7B7.9B4.7B
Noncontrolling Interest In Consolidated Entity66M51M113M132M118.8M112.9M
Retained Earnings Total Equity21.7B24.3B27.7B29.9B34.4B17.6B
Deferred Long Term Liab3.7B3.7B2.8B3.4B3.0B3.2B

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When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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. 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 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
0.023
Dividend Share
5
Earnings Share
40.3
Revenue Per Share
130.415
Quarterly Revenue Growth
0.149
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.