BlackRock Total Assets vs Total Current Assets Analysis
BCAT Stock | USD 16.31 0.13 0.80% |
BlackRock Capital financial indicator trend analysis is way more than just evaluating BlackRock Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Capital is a good investment. Please check the relationship between BlackRock Capital Total Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Capital Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Capital Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock Capital's Total Assets and Total Current Assets is -0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of BlackRock Capital Allocation, assuming nothing else is changed. The correlation between historical values of BlackRock Capital's Total Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of BlackRock Capital Allocation are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., BlackRock Capital's Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of BlackRock Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BlackRock Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from BlackRock Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Capital 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 Capital Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, BlackRock Capital's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 4.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 71.4M | 66.9M | 61.5M | 57.0M | Net Interest Income | 69.3M | 64.0M | 60.1M | 55.2M |
BlackRock Capital fundamental ratios Correlations
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BlackRock Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for BlackRock Stock Analysis
When running BlackRock Capital's price analysis, check to measure BlackRock Capital'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 Capital is operating at the current time. Most of BlackRock Capital's value examination focuses on studying past and present price action to predict the probability of BlackRock Capital'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 Capital's price. Additionally, you may evaluate how the addition of BlackRock Capital to your portfolios can decrease your overall portfolio volatility.