BlackRock Municipal Financials
BYM Stock | USD 11.60 0.12 1.05% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Debt Equity Ratio | 0.58 | 0.4856 |
|
| |||||
Current Ratio | 2.22 | 0.0971 |
|
|
Investors should never underestimate BlackRock Municipal'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 Municipal's cash flow, debt, and profitability to make informed and accurate decisions about investing in BlackRock Municipal Income.
Net Income |
|
BlackRock | Select Account or Indicator |
Understanding current and past BlackRock Municipal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BlackRock Municipal's financial statements are interrelated, with each one affecting the others. For example, an increase in BlackRock Municipal's assets may result in an increase in income on the income statement.
BlackRock Municipal Stock Summary
BlackRock Municipal competes with HUMANA, SCOR PK, Thrivent High, Morningstar Unconstrained, and SPACE. BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the United States. Blackrock Muni is traded on New York Stock Exchange in the United States.Specialization | Financial Services, Financial Services |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US0924791041 |
CUSIP | 092479104 |
Location | Delaware; U.S.A |
Business Address | 50 Hudson Yards, |
Sector | Capital Markets |
Industry | Financials |
Benchmark | Dow Jones Industrial |
Website | www.blackrock.com/investing/products/24025 |
Phone | 212 810 5300 |
Currency | USD - US Dollar |
BlackRock Municipal Key Financial Ratios
Return On Equity | 0.0393 | |||
Profit Margin | 0.57 % | |||
Operating Margin | 0.88 % | |||
Price To Sales | 13.27 X | |||
Revenue | 22.64 M |
BlackRock Municipal Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 672.2M | 670.8M | 588.5M | 518.1M | 490.9M | 499.7M | |
Other Current Liab | (2.0M) | (4.4M) | 91.9M | (46.1M) | 2.3M | 2.5M | |
Net Tangible Assets | 411.1M | 421.2M | 358.2M | 333.8M | 300.4M | 353.5M | |
Retained Earnings | 48.3M | 58.4M | (4.8M) | (25.8M) | (26.2M) | (24.9M) | |
Accounts Payable | 2.0M | 4.4M | 1.2M | 5.9M | 338.6K | 321.7K | |
Cash | 405.1K | 130.8K | 7.3K | (7.6M) | (6.9M) | (6.5M) | |
Other Assets | 29.5K | 21.9K | 149.7M | 70.0M | 115.7M | 121.5M | |
Net Receivables | 6.8M | 9.8M | 13.7M | 4.8M | 5.9M | 7.0M | |
Total Liab | 261.0M | 4.4M | 230.4M | 184.3M | 162.3M | 170.5M | |
Other Current Assets | (7.2M) | (16.1M) | (13.7M) | 324.8K | 349.7K | 367.2K | |
Total Current Assets | 6.8M | 9.8M | 14.3M | 5.2M | 6.3M | 8.7M | |
Net Debt | 325.4K | 244.6M | 226.7M | 185.1M | 159.6M | 117.7M | |
Short Term Debt | 325.4K | 107.4M | 557.4K | 40.2M | 62.0M | 36.2M |
BlackRock Municipal Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 4.2M | 2.2M | 2.7M | 7.3M | 7.7M | 5.9M | |
Total Revenue | 11.5M | 28.5M | 17.2M | 9.8M | 22.6M | 17.8M | |
Gross Profit | 11.5M | 28.5M | 13.6M | 6.8M | 22.6M | 16.3M | |
Operating Income | 11.2M | 28.1M | (47.8M) | (1.5M) | 19.8M | 12.2M | |
Ebit | 11.2M | 28.1M | (28.2M) | 18.5M | 40.5M | 42.5M | |
Cost Of Revenue | 7.9M | 5.9M | 3.6M | 3.0M | 12.1M | 6.1M | |
Income Before Tax | 11.2M | 28.1M | (50.5M) | (8.8M) | 13.0M | 14.7M | |
Net Income | 11.2M | 28.1M | (50.5M) | (8.8M) | 13.0M | 12.4M | |
Income Tax Expense | 17.4M | 18.4M | (47.8M) | 19.9M | 20.7M | 21.7M | |
Interest Income | 6.2M | 24.7M | 61.7M | 22.9M | 22.3M | 26.5M | |
Research Development | 0.52 | 1.09 | 2.94 | 0.89 | 1.02 | 0.91 | |
Ebitda | 11.2M | 28.1M | (47.8M) | (1.5M) | 20.7M | 11.4M | |
Net Interest Income | 20.0M | 21.4M | 22.5M | 15.6M | 14.7M | 15.9M |
BlackRock Municipal Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (567.9K) | 7.3K | (7.3K) | (307K) | 7K | 7.4K | |
Dividends Paid | 15.2M | 17.8M | 16.8M | 14.9M | 13.5M | 15.6M | |
Net Income | 11.2M | 28.1M | (50.5M) | (8.8M) | 13.0M | 9.1M | |
Free Cash Flow | 12.0M | 31.8M | 18.9M | 11.9M | 34.9M | 36.6M | |
Other Non Cash Items | 1.1M | 3.4M | 65.5M | 21.1M | 21.7M | 22.8M | |
End Period Cash Flow | 0.0 | 7.3K | 612K | 305K | 312K | 327.6K | |
Net Borrowings | 2.6M | (14.0M) | (23.3M) | (45.8M) | (41.2M) | (39.1M) | |
Change To Netincome | 1.1M | 3.4M | 90.6M | 71.3M | 82.0M | 86.1M |
BlackRock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Municipal's current stock value. Our valuation model uses many indicators to compare BlackRock Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock Municipal competition to find correlations between indicators driving BlackRock Municipal's intrinsic value. More Info.BlackRock Municipal Income is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for BlackRock Municipal Income is roughly 1.60 . At this time, BlackRock Municipal's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Municipal 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 Municipal Systematic Risk
BlackRock Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BlackRock Municipal 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on BlackRock Municipal correlated with the market. If Beta is less than 0 BlackRock Municipal generally moves in the opposite direction as compared to the market. If BlackRock Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BlackRock Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BlackRock Municipal is generally in the same direction as the market. If Beta > 1 BlackRock Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in BlackRock Municipal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BlackRock Municipal'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 Municipal growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
BlackRock Municipal November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BlackRock Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BlackRock Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of BlackRock Municipal Income 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 Municipal's daily price indicators and compare them against related drivers.
Information Ratio | (0.30) | |||
Maximum Drawdown | 2.13 | |||
Value At Risk | (0.88) | |||
Potential Upside | 0.7951 |
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
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.