BlackRock Other Current Liab vs Total Current Liabilities Analysis

BUI Stock  USD 23.78  0.11  0.46%   
BlackRock Utility financial indicator trend analysis is way more than just evaluating BlackRock Utility prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Utility is a good investment. Please check the relationship between BlackRock Utility Other Current Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Utility Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Utility Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BlackRock Utility's Other Current Liab and Total Current Liabilities is -0.59. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of BlackRock Utility Infrastructure, assuming nothing else is changed. The correlation between historical values of BlackRock Utility's Other Current Liab and Total Current Liabilities 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 Liab of BlackRock Utility Infrastructure are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., BlackRock Utility's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on BlackRock Utility 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 Utility Infrastructure 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.
Most indicators from BlackRock Utility's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Utility 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 Utility Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
As of now, BlackRock Utility's Enterprise Value Multiple is increasing as compared to previous years.

BlackRock Utility fundamental ratios Correlations

0.721.0-0.880.921.0-0.990.350.610.860.940.75-0.70.75-0.721.00.770.970.960.54-0.89-0.920.890.84-0.79
0.720.71-0.620.890.71-0.730.60.560.750.730.77-0.990.69-0.930.710.650.750.750.53-0.73-0.740.740.54-0.66
1.00.71-0.870.911.0-0.990.340.60.850.940.74-0.690.75-0.711.00.770.970.960.53-0.88-0.920.880.85-0.79
-0.88-0.62-0.87-0.83-0.870.88-0.43-0.65-0.79-0.74-0.890.58-0.750.69-0.88-0.86-0.77-0.78-0.640.950.93-0.92-0.550.73
0.920.890.91-0.830.91-0.90.360.730.810.830.81-0.90.68-0.810.910.850.870.860.45-0.85-0.880.830.73-0.66
1.00.711.0-0.870.91-0.990.340.610.850.940.75-0.690.75-0.711.00.770.960.960.53-0.88-0.920.880.85-0.79
-0.99-0.73-0.990.88-0.9-0.99-0.42-0.61-0.84-0.94-0.790.7-0.80.77-0.99-0.77-0.96-0.97-0.610.90.95-0.91-0.820.84
0.350.60.34-0.430.360.34-0.42-0.050.650.520.67-0.520.77-0.80.350.140.470.490.9-0.6-0.50.680.1-0.79
0.610.560.6-0.650.730.61-0.61-0.050.360.370.57-0.590.18-0.440.60.940.460.460.06-0.62-0.730.520.4-0.18
0.860.750.85-0.790.810.85-0.840.650.360.880.84-0.710.81-0.820.860.580.870.870.77-0.91-0.810.930.56-0.88
0.940.730.94-0.740.830.94-0.940.520.370.880.69-0.70.84-0.780.940.550.990.990.65-0.82-0.840.870.86-0.9
0.750.770.74-0.890.810.75-0.790.670.570.840.69-0.720.82-0.880.750.740.690.710.8-0.92-0.860.920.33-0.78
-0.7-0.99-0.690.58-0.9-0.690.7-0.52-0.59-0.71-0.7-0.72-0.630.89-0.69-0.66-0.73-0.72-0.440.690.71-0.69-0.550.59
0.750.690.75-0.750.680.75-0.80.770.180.810.840.82-0.63-0.860.750.410.80.810.89-0.78-0.750.860.53-0.95
-0.72-0.93-0.710.69-0.81-0.710.77-0.8-0.44-0.82-0.78-0.880.89-0.86-0.72-0.57-0.77-0.79-0.790.810.8-0.86-0.460.84
1.00.711.0-0.880.911.0-0.990.350.60.860.940.75-0.690.75-0.720.770.970.960.54-0.89-0.920.890.85-0.79
0.770.650.77-0.860.850.77-0.770.140.940.580.550.74-0.660.41-0.570.770.630.630.27-0.81-0.860.720.51-0.4
0.970.750.97-0.770.870.96-0.960.470.460.870.990.69-0.730.8-0.770.970.631.00.6-0.84-0.870.880.88-0.87
0.960.750.96-0.780.860.96-0.970.490.460.870.990.71-0.720.81-0.790.960.631.00.62-0.85-0.880.890.87-0.88
0.540.530.53-0.640.450.53-0.610.90.060.770.650.8-0.440.89-0.790.540.270.60.62-0.74-0.640.820.2-0.91
-0.89-0.73-0.880.95-0.85-0.880.9-0.6-0.62-0.91-0.82-0.920.69-0.780.81-0.89-0.81-0.84-0.85-0.740.96-0.99-0.550.83
-0.92-0.74-0.920.93-0.88-0.920.95-0.5-0.73-0.81-0.84-0.860.71-0.750.8-0.92-0.86-0.87-0.88-0.640.96-0.95-0.660.79
0.890.740.88-0.920.830.88-0.910.680.520.930.870.92-0.690.86-0.860.890.720.880.890.82-0.99-0.950.58-0.91
0.840.540.85-0.550.730.85-0.820.10.40.560.860.33-0.550.53-0.460.850.510.880.870.2-0.55-0.660.58-0.59
-0.79-0.66-0.790.73-0.66-0.790.84-0.79-0.18-0.88-0.9-0.780.59-0.950.84-0.79-0.4-0.87-0.88-0.910.830.79-0.91-0.59
Click cells to compare fundamentals

BlackRock Utility Account Relationship Matchups

BlackRock Utility fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets387.8M451.4M566.1M502.5M516.1M487.8M
Total Stockholder Equity383.3M444.5M559.8M498.4M506.5M482.3M
Net Debt(61.7K)(295.6K)(589.3K)(2.8K)(430.4K)(408.9K)
Retained Earnings94.2M129.7M178.4M114.9M129.5M107.8M
Cash61.7K295.6K589.3K2.8K430.4K216.8K
Non Current Assets Total385.8M448.6M563.9M501.2M508.2M485.0M
Non Currrent Assets Other(385.8M)(448.6M)(563.9M)(501.2M)(508.1M)(533.5M)
Other Assets888.1K838.6K89.2K296.8K516.1M541.9M
Net Receivables1.1M1.7M1.5M1.0M806.1K1.2M
Common Stock Shares Outstanding17.4M18.0M21.7M22.3M22.4M21.3M
Liabilities And Stockholders Equity387.8M451.4M566.1M502.5M516.1M487.8M
Non Current Liabilities Total4.5M6.9M6.3M150.3K9.6M10.1M
Total Liab4.5M707.7K6.3M4.1M9.6M10.1M
Long Term Investments385.8M448.6M563.9M501.2M514.7M486.0M
Total Current Assets1.1M2.0M2.1M1.1M1.2M1.5M
Common Stock289.1M314.9M381.4M383.5M376.9M363.0M
Capital Stock289.1M314.9M381.4M383.5M376.9M371.9M

Currently Active Assets on Macroaxis

When determining whether BlackRock Utility offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Utility's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Utility Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Utility Infrastructure Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Utility Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Utility. 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 Utility listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.73
The market value of BlackRock Utility 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 Utility's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Utility'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 Utility's market value can be influenced by many factors that don't directly affect BlackRock Utility'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 Utility's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Utility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Utility'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.