Blackrock Multi Financials

BIT Stock  USD 14.80  0.12  0.82%   
Blackrock Multi Sector may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Blackrock Multi's Short Term Investments are comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 214.3 K in 2024, despite the fact that Retained Earnings are likely to grow to (97.8 M). Key indicators impacting Blackrock Multi's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.70.71
Fairly Down
Slightly volatile
Debt Equity Ratio0.780.66
Fairly Up
Slightly volatile
Current Ratio0.380.51
Way Down
Slightly volatile
Investors should never underestimate Blackrock Multi's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Blackrock Multi's cash flow, debt, and profitability to make informed and accurate decisions about investing in Blackrock Multi Sector.

Net Income

29.56 Million

  
Understanding current and past Blackrock Multi Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Blackrock Multi's financial statements are interrelated, with each one affecting the others. For example, an increase in Blackrock Multi's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Blackrock Multi's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Blackrock Multi Sector. Check Blackrock Multi's Beneish M Score to see the likelihood of Blackrock Multi's management manipulating its earnings.

Blackrock Multi Stock Summary

Blackrock Multi competes with Pimco Corporate, BlackRock Limited, BlackRock Core, Brightsphere Investment, and Blackrock Muniholdings. BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States. Blackrock Multi-Sector is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS09258A1079
CUSIP09258A107
LocationDelaware; U.S.A
Business Address50 Hudson Yards,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.blackrock.com/investing/products/24983
Phone212 810 5300
CurrencyUSD - US Dollar

Blackrock Multi Key Financial Ratios

Blackrock Multi Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B927.8M872.8M785.6M924.7M
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
Other Assets17.5M19.3M21.4M11.5M10.3M9.8M
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)
Long Term Debt118.4K160.5K54.7K177.5K204.1K214.3K
Net Receivables12.7M17.7M31.4M26.2M30.2M25.0M
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
Inventory32.8M55.7M43.2M32.6M37.4M39.0M
Capital Stock682.8M670.2M655.9M635.2M571.6M541.5M

Blackrock Multi Key Income Statement Accounts

The reason investors look at the income statement is to determine what Blackrock Multi's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense5.0M1.9M4.0M14.3M12.8M10.0M
Total Revenue70.7M69.0M(68.6M)23.3M21.0M34.2M
Gross Profit70.7M69.0M(68.6M)23.3M21.0M31.4M
Operating Income70.0M67.9M(65.2M)22.7M20.5M32.7M
Ebit70.0M67.9M(65.2M)22.7M20.5M33.1M
Ebitda70.0M67.9M(65.2M)22.7M20.5M28.2M
Cost Of Revenue8.0M8.9M7.9M7.0M6.3M7.1M
Income Before Tax70.0M67.9M(69.1M)22.7M20.5M29.6M
Net Income70.0M67.9M(69.1M)22.7M20.5M29.6M
Interest Income24.2M23.7M49.4M54.8M63.0M44.4M
Income Tax Expense(5.6M)(2.1M)(228.5K)(14.3M)(12.9M)(12.2M)
Net Interest Income47.1M49.9M45.4M40.6M36.5M41.2M

Blackrock Multi Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash11.9M(905.0K)1.4M(9.6M)(8.6M)(8.2M)
Free Cash Flow83.6M20.5M152.2M50.3M57.8M60.7M
Change In Working Capital(516.2K)(2.4M)(2.1M)(812.3K)(934.2K)(980.9K)
Other Cashflows From Financing Activities(15.9M)33.0M33.0M(66.8K)(60.1K)(57.1K)
Other Non Cash Items14.2M(45.0M)223.5M28.4M32.6M35.0M
Dividends Paid55.7M54.6M54.6M54.5M62.7M60.3M
Total Cash From Operating Activities83.6M20.5M152.2M50.3M57.8M60.7M
Net Income70.0M67.9M(69.1M)22.7M20.5M29.6M
Total Cash From Financing Activities(71.6M)(21.6M)(150.8M)(59.8M)(53.9M)(51.2M)
End Period Cash Flow21.1M20.2M21.6M12.0M13.8M12.7M
Begin Period Cash Flow9.2M21.1M20.2M21.6M24.8M14.0M
Change To Account Receivables638.1K39.1K(1.2M)419.2K482.0K506.1K
Change To Inventory(1.1M)59.2K(54.3K)(101.1K)(116.3K)(122.1K)

Blackrock Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Multi's current stock value. Our valuation model uses many indicators to compare Blackrock Multi value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock Multi competition to find correlations between indicators driving Blackrock Multi's intrinsic value. More Info.
Blackrock Multi Sector is rated fourth in return on equity category among its peers. It is rated second in shares outstanding category among its peers . At this time, Blackrock Multi's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Multi by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Blackrock Multi Sector Systematic Risk

Blackrock Multi's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackrock Multi volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Blackrock Multi Sector correlated with the market. If Beta is less than 0 Blackrock Multi generally moves in the opposite direction as compared to the market. If Blackrock Multi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackrock Multi Sector is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackrock Multi is generally in the same direction as the market. If Beta > 1 Blackrock Multi moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Blackrock Multi Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Blackrock Multi's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Blackrock Multi growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.21)

At this time, Blackrock Multi's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Blackrock Multi December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Blackrock Multi help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackrock Multi Sector. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackrock Multi Sector based on widely used predictive technical indicators. In general, we focus on analyzing Blackrock Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackrock Multi's daily price indicators and compare them against related drivers.

Additional Tools for Blackrock Stock Analysis

When running Blackrock Multi's price analysis, check to measure Blackrock Multi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Multi is operating at the current time. Most of Blackrock Multi's value examination focuses on studying past and present price action to predict the probability of Blackrock Multi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Multi's price. Additionally, you may evaluate how the addition of Blackrock Multi to your portfolios can decrease your overall portfolio volatility.