BlackRock Depreciation And Amortization vs Operating Income Analysis

Stocks . USA . 
Stock . BlackRock Municipal Income
BYM Stock  USD 11.71  0.11  0.95%   
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 Depreciation And Amortization and its Operating Income 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 manufacturing.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Municipal Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock Municipal's Depreciation And Amortization and Operating Income is -0.12. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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 Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BlackRock Municipal Income are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., BlackRock Municipal's Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from BlackRock Municipal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BlackRock Municipal Income is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 manufacturing.
At this time, BlackRock Municipal's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value is likely to grow to about 668.7 M, while Sales General And Administrative To Revenue is likely to drop 0.01.

BlackRock Municipal fundamental ratios Correlations

Total Assets
Other Current Liab
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Accounts Payable
Cash
Other Assets
Net Receivables
Total Liab
Long Term Investments
Common Stock
Long Term Debt
Common Stock Shares Outstanding
Total Current Liabilities
Other Current Assets
Total Current Assets
Short Long Term Debt Total
Net Debt
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Common Stock Total Equity
Short Term Debt
Net Invested Capital
Capital Stock
Total Assets
-0.170.510.540.890.240.9-0.330.13-0.050.160.02-0.430.290.07-0.250.03-0.15-0.361.0-0.920.090.75-0.120.810.61
Other Current Liab
-0.17-0.09-0.09-0.31-0.63-0.240.310.42-0.10.14-0.080.19-0.42-0.48-0.320.440.280.26-0.190.27-0.43-0.130.06-0.21-0.08
Total Stockholder Equity
0.51-0.090.990.540.040.57-0.3-0.09-0.470.23-0.84-0.610.240.130.07-0.13-0.35-0.370.53-0.560.170.45-0.180.490.29
Net Tangible Assets
0.54-0.090.990.560.050.59-0.31-0.07-0.450.25-0.82-0.630.230.130.05-0.11-0.34-0.380.56-0.580.160.46-0.20.50.26
Retained Earnings
0.89-0.310.540.560.280.8-0.220.08-0.250.06-0.04-0.310.320.18-0.31-0.03-0.12-0.220.89-0.830.190.620.080.640.49
Accounts Payable
0.24-0.630.040.050.280.25-0.35-0.020.26-0.330.15-0.250.130.850.22-0.02-0.39-0.30.24-0.240.10.24-0.240.250.13
Cash
0.9-0.240.570.590.80.25-0.29-0.22-0.030.09-0.08-0.610.60.110.11-0.29-0.36-0.590.91-0.990.440.63-0.180.860.48
Other Assets
-0.330.31-0.3-0.31-0.22-0.35-0.290.00.32-0.690.230.03-0.310.10.190.08-0.3-0.04-0.340.33-0.24-0.1-0.23-0.21-0.18
Net Receivables
0.130.42-0.09-0.070.08-0.02-0.220.0-0.130.130.10.27-0.820.0-0.80.980.410.510.10.23-0.870.030.14-0.290.03
Total Liab
-0.05-0.1-0.47-0.45-0.250.26-0.030.32-0.13-0.490.530.04-0.110.30.42-0.08-0.35-0.57-0.050.06-0.140.08-0.750.20.03
Long Term Investments
0.160.140.230.250.06-0.330.09-0.690.13-0.49-0.30.120.08-0.67-0.410.110.610.270.16-0.110.1-0.270.4-0.07-0.2
Common Stock
0.02-0.08-0.84-0.82-0.040.15-0.080.230.10.53-0.30.4-0.04-0.02-0.150.10.20.150.00.05-0.07-0.030.12-0.060.06
Long Term Debt
-0.430.19-0.61-0.63-0.31-0.25-0.610.030.270.040.120.4-0.3-0.35-0.520.230.670.56-0.440.55-0.25-0.390.36-0.63-0.11
Common Stock Shares Outstanding
0.29-0.420.240.230.320.130.6-0.31-0.82-0.110.08-0.04-0.3-0.070.48-0.87-0.24-0.430.32-0.620.960.20.110.480.23
Total Current Liabilities
0.07-0.480.130.130.180.850.110.10.00.3-0.67-0.02-0.35-0.070.360.03-0.64-0.380.07-0.07-0.060.25-0.440.170.07
Other Current Assets
-0.25-0.320.070.05-0.310.220.110.19-0.80.42-0.41-0.15-0.520.480.36-0.71-0.72-0.69-0.22-0.050.53-0.06-0.530.27-0.15
Total Current Assets
0.030.44-0.13-0.11-0.03-0.02-0.290.080.98-0.080.110.10.23-0.870.03-0.710.360.470.00.31-0.87-0.090.08-0.36-0.13
Short Long Term Debt Total
-0.150.28-0.35-0.34-0.12-0.39-0.36-0.30.41-0.350.610.20.67-0.24-0.64-0.720.360.71-0.170.3-0.21-0.380.63-0.47-0.18
Net Debt
-0.360.26-0.37-0.38-0.22-0.3-0.59-0.040.51-0.570.270.150.56-0.43-0.38-0.690.470.71-0.380.53-0.37-0.340.82-0.66-0.15
Non Current Assets Total
1.0-0.190.530.560.890.240.91-0.340.1-0.050.160.0-0.440.320.07-0.220.0-0.17-0.38-0.930.120.76-0.120.820.61
Non Currrent Assets Other
-0.920.27-0.56-0.58-0.83-0.24-0.990.330.230.06-0.110.050.55-0.62-0.07-0.050.310.30.53-0.93-0.45-0.690.13-0.86-0.55
Cash And Short Term Investments
0.09-0.430.170.160.190.10.44-0.24-0.87-0.140.1-0.07-0.250.96-0.060.53-0.87-0.21-0.370.12-0.45-0.050.170.28-0.05
Common Stock Total Equity
0.75-0.130.450.460.620.240.63-0.10.030.08-0.27-0.03-0.390.20.25-0.06-0.09-0.38-0.340.76-0.69-0.05-0.310.750.89
Short Term Debt
-0.120.06-0.18-0.20.08-0.24-0.18-0.230.14-0.750.40.120.360.11-0.44-0.530.080.630.82-0.120.130.17-0.31-0.39-0.11
Net Invested Capital
0.81-0.210.490.50.640.250.86-0.21-0.290.2-0.07-0.06-0.630.480.170.27-0.36-0.47-0.660.82-0.860.280.75-0.390.64
Capital Stock
0.61-0.080.290.260.490.130.48-0.180.030.03-0.20.06-0.110.230.07-0.15-0.13-0.18-0.150.61-0.55-0.050.89-0.110.64
Click cells to compare fundamentals

BlackRock Municipal Account Relationship Matchups

High Positive Relationship

Non Current Assets Total
+ 1.0
Total Assets
Net Tangible Assets
+ 0.99
Total Stockholder Equity
Total Current Assets
+ 0.98
Net Receivables
Cash And Short Term Investments
+ 0.96
Common Stock Shares Outstanding
Non Current Assets Total
+ 0.91
Cash
Cash
+ 0.9
Total Assets

High Negative Relationship

Non Currrent Assets Other
- 0.99
Cash
Non Currrent Assets Other
- 0.93
Non Current Assets Total
Non Currrent Assets Other
- 0.92
Total Assets
Cash And Short Term Investments
- 0.87
Total Current Assets
Total Current Assets
- 0.87
Common Stock Shares Outstanding
Cash And Short Term Investments
- 0.87
Net Receivables

BlackRock Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets672.2M670.8M588.5M518.1M490.9M499.7M
Other Current Liab(2.0M)(4.4M)91.9M(46.1M)2.3M2.5M
Total Stockholder Equity411.1M421.2M358.2M333.8M328.6M347.0M
Net Tangible Assets411.1M421.2M358.2M333.8M300.4M353.5M
Retained Earnings48.3M58.4M(4.8M)(25.8M)(26.2M)(24.9M)
Accounts Payable2.0M4.4M1.2M5.9M338.6K321.7K
Cash405.1K130.8K7.3K(7.6M)(6.9M)(6.5M)
Other Assets29.5K21.9K149.7M70.0M115.7M121.5M
Net Receivables6.8M9.8M13.7M4.8M5.9M7.0M
Total Liab261.0M4.4M230.4M184.3M162.3M170.5M
Long Term Investments664.9M665.4M661.0M512.9M484.6M632.7M
Total Current Liabilities2.0M4.4M93.2M47.1M64.7M58.4M
Other Current Assets(7.2M)(16.1M)(13.7M)324.8K349.7K367.2K
Total Current Assets6.8M9.8M14.3M5.2M6.3M8.7M
Short Long Term Debt Total258.6M351.9M226.7M177.4M159.6M196.7M
Net Debt325.4K244.6M226.7M185.1M159.6M117.7M
Non Current Assets Total665.4M661.0M574.2M512.9M484.6M491.2M
Non Currrent Assets Other(665.4M)(661.0M)149.7M7.6M115.7M121.5M
Cash And Short Term Investments466.5K7.3K(149.7M)7.6M2.7M2.9M
Short Term Investments466.5K6.3M(149.7M)7.6M2.7M2.9M
Liabilities And Stockholders Equity672.2M670.8M588.5M518.1M490.9M497.6M
Short Term Debt325.4K107.4M557.4K40.2M62.0M36.2M
Current Deferred Revenue1.7M(103.0M)(557.4K)(65.9K)891.7K936.3K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether BlackRock Municipal is a strong investment it is important to analyze BlackRock Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock Municipal's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:
How To Invest In BlackRock
Details
Is BlackRock Stock a good investment?
Details
What is BlackRock Municipal's Net Worth?
Details
Largest Asset Management & Custody Banks Companies
View
Largest Financial Services Companies
View
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 manufacturing.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
(0.33)
Dividend Share
0.572
Earnings Share
0.53
Revenue Per Share
0.874
Quarterly Revenue Growth
(0.01)
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.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY