Black Common Stock vs Cash And Short Term Investments Analysis

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0.04 0 2.56%

Black Rock financial indicator trend analysis is way more than just evaluating Black Rock Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Rock Mining is a good investment. Please check the relationship between Black Rock Common Stock and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Rock Mining Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Black Rock's Common Stock and Cash And Short Term Investments is 0.76. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Black Rock Mining, assuming nothing else is changed. The correlation between historical values of Black Rock's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Black Rock Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Black Rock's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

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Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Black Rock Mining balance sheet. This account contains Black Rock investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Black Rock Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Black Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Rock Mining 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 Black Rock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 5 M in 2024. Discontinued Operations is likely to gain to about 1.5 M in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	48.2K	285.7K	350.2K	367.7K
Net Interest Income	3.3K	83.6K	100.7K	105.8K

Reconciled Depreciation Net Interest Income

Black Rock fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Assets	Property Plant Equipment	Non Currrent Assets Other	Inventory
Total Assets		0.21	0.92	0.95	1.0	-0.33	0.65	-0.78	-0.95	0.96	0.8	0.98	-0.62	0.81	0.35	0.7	0.91	0.77	0.96	0.91	0.81	0.99	0.63	0.91	0.94	0.86
Short Long Term Debt Total	0.21		0.21	0.22	0.21	0.51	-0.04	-0.13	-0.26	0.22	0.13	0.22	0.04	0.14	0.33	0.62	0.32	0.29	0.22	0.29	0.15	0.23	0.34	0.28	0.22	0.17
Other Current Liab	0.92	0.21		0.99	0.92	-0.42	0.76	-0.5	-0.89	0.94	0.53	0.98	-0.72	0.54	0.25	0.67	0.89	0.56	0.98	0.94	0.55	0.92	0.7	0.94	0.95	0.78
Total Current Liabilities	0.95	0.22	0.99		0.95	-0.41	0.73	-0.6	-0.89	0.98	0.63	0.98	-0.7	0.63	0.32	0.66	0.89	0.6	1.0	0.94	0.65	0.93	0.71	0.94	0.94	0.83
Total Stockholder Equity	1.0	0.21	0.92	0.95		-0.33	0.65	-0.78	-0.95	0.96	0.8	0.98	-0.62	0.81	0.34	0.7	0.91	0.77	0.96	0.91	0.82	0.99	0.62	0.91	0.93	0.85
Other Liab	-0.33	0.51	-0.42	-0.41	-0.33		-0.43	0.07	0.3	-0.37	-0.09	-0.38	0.38	-0.09	-0.05	0.24	-0.11	0.03	-0.39	-0.27	-0.11	-0.32	-0.35	-0.28	-0.29	-0.4
Property Plant And Equipment Net	0.65	-0.04	0.76	0.73	0.65	-0.43		-0.2	-0.63	0.67	0.23	0.74	-0.95	0.24	-0.04	0.5	0.66	0.15	0.7	0.73	0.24	0.66	0.15	0.74	0.71	0.35
Net Debt	-0.78	-0.13	-0.5	-0.6	-0.78	0.07	-0.2		0.67	-0.71	-1.0	-0.63	0.19	-1.0	-0.45	-0.47	-0.62	-0.82	-0.64	-0.55	-1.0	-0.73	-0.41	-0.55	-0.6	-0.75
Retained Earnings	-0.95	-0.26	-0.89	-0.89	-0.95	0.3	-0.63	0.67		-0.88	-0.69	-0.94	0.58	-0.7	-0.45	-0.67	-0.84	-0.72	-0.89	-0.83	-0.71	-0.99	-0.54	-0.83	-0.88	-0.79
Accounts Payable	0.96	0.22	0.94	0.98	0.96	-0.37	0.67	-0.71	-0.88		0.73	0.95	-0.64	0.74	0.4	0.64	0.87	0.64	0.99	0.91	0.76	0.93	0.71	0.91	0.92	0.88
Cash	0.8	0.13	0.53	0.63	0.8	-0.09	0.23	-1.0	-0.69	0.73		0.66	-0.23	1.0	0.45	0.48	0.65	0.82	0.67	0.58	1.0	0.76	0.43	0.58	0.62	0.77
Non Current Assets Total	0.98	0.22	0.98	0.98	0.98	-0.38	0.74	-0.63	-0.94	0.95	0.66		-0.7	0.66	0.26	0.72	0.92	0.68	0.97	0.94	0.67	0.98	0.63	0.94	0.96	0.8
Long Term Debt	-0.62	0.04	-0.72	-0.7	-0.62	0.38	-0.95	0.19	0.58	-0.64	-0.23	-0.7		-0.23	0.04	-0.49	-0.64	-0.11	-0.67	-0.7	-0.23	-0.62	-0.14	-0.71	-0.69	-0.33
Cash And Short Term Investments	0.81	0.14	0.54	0.63	0.81	-0.09	0.24	-1.0	-0.7	0.74	1.0	0.66	-0.23		0.45	0.49	0.65	0.82	0.68	0.59	1.0	0.76	0.44	0.58	0.63	0.77
Net Receivables	0.35	0.33	0.25	0.32	0.34	-0.05	-0.04	-0.45	-0.45	0.4	0.45	0.26	0.04	0.45		0.1	0.15	0.29	0.35	0.16	0.49	0.4	0.43	0.16	0.21	0.52
Common Stock Total Equity	0.7	0.62	0.67	0.66	0.7	0.24	0.5	-0.47	-0.67	0.64	0.48	0.72	-0.49	0.49	0.1		0.9	0.67	0.66	0.84	0.48	0.7	0.35	0.84	0.79	0.36
Common Stock Shares Outstanding	0.91	0.32	0.89	0.89	0.91	-0.11	0.66	-0.62	-0.84	0.87	0.65	0.92	-0.64	0.65	0.15	0.9		0.76	0.89	0.98	0.65	0.89	0.55	0.98	0.96	0.63
Non Current Liabilities Total	0.77	0.29	0.56	0.6	0.77	0.03	0.15	-0.82	-0.72	0.64	0.82	0.68	-0.11	0.82	0.29	0.67	0.76		0.62	0.66	0.82	0.75	0.5	0.65	0.73	0.62
Total Liab	0.96	0.22	0.98	1.0	0.96	-0.39	0.7	-0.64	-0.89	0.99	0.67	0.97	-0.67	0.68	0.35	0.66	0.89	0.62		0.93	0.69	0.93	0.73	0.93	0.94	0.86
Property Plant And Equipment Gross	0.91	0.29	0.94	0.94	0.91	-0.27	0.73	-0.55	-0.83	0.91	0.58	0.94	-0.7	0.59	0.16	0.84	0.98	0.66	0.93		0.59	0.89	0.61	1.0	0.97	0.66
Total Current Assets	0.81	0.15	0.55	0.65	0.82	-0.11	0.24	-1.0	-0.71	0.76	1.0	0.67	-0.23	1.0	0.49	0.48	0.65	0.82	0.69	0.59		0.77	0.47	0.59	0.64	0.79
Common Stock	0.99	0.23	0.92	0.93	0.99	-0.32	0.66	-0.73	-0.99	0.93	0.76	0.98	-0.62	0.76	0.4	0.7	0.89	0.75	0.93	0.89	0.77		0.58	0.89	0.92	0.83
Other Current Assets	0.63	0.34	0.7	0.71	0.62	-0.35	0.15	-0.41	-0.54	0.71	0.43	0.63	-0.14	0.44	0.43	0.35	0.55	0.5	0.73	0.61	0.47	0.58		0.6	0.61	0.78
Property Plant Equipment	0.91	0.28	0.94	0.94	0.91	-0.28	0.74	-0.55	-0.83	0.91	0.58	0.94	-0.71	0.58	0.16	0.84	0.98	0.65	0.93	1.0	0.59	0.89	0.6		0.97	0.65
Non Currrent Assets Other	0.94	0.22	0.95	0.94	0.93	-0.29	0.71	-0.6	-0.88	0.92	0.62	0.96	-0.69	0.63	0.21	0.79	0.96	0.73	0.94	0.97	0.64	0.92	0.61	0.97		0.7
Inventory	0.86	0.17	0.78	0.83	0.85	-0.4	0.35	-0.75	-0.79	0.88	0.77	0.8	-0.33	0.77	0.52	0.36	0.63	0.62	0.86	0.66	0.79	0.83	0.78	0.65	0.7

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Black Rock Account Relationship Matchups

Black Rock fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	23.6M	33.6M	57.4M	61.3M	63.1M	66.3M
Other Current Liab	603.0K	325.4K	574.0K	1.6M	1.7M	1.8M
Total Current Liabilities	898.8K	468.6K	1.8M	3.3M	3.2M	3.4M
Total Stockholder Equity	22.7M	33.2M	55.0M	57.8M	60.3M	63.4M
Property Plant And Equipment Net	31.9K	23.5K	595.8K	1.3M	53.5M	56.2M
Net Debt	(722.1K)	(11.3M)	(25.6M)	(10.8M)	(8.4M)	(8.0M)
Retained Earnings	(40.7M)	(42.8M)	(48.6M)	(57.2M)	(66.7M)	(63.3M)
Accounts Payable	295.8K	143.2K	1.2M	1.4M	1.4M	1.4M
Cash	722.1K	11.3M	26.1M	11.5M	8.9M	9.3M
Non Current Assets Total	22.8M	22.2M	30.3M	48.1M	53.5M	56.2M
Cash And Short Term Investments	722.1K	11.3M	26.1M	11.7M	9.1M	9.6M
Net Receivables	93.4K	145.0K	761.3K	766.7K	170.3K	290.6K
Common Stock Shares Outstanding	631.0M	707.5M	822.6M	984.4M	1.1B	1.2B
Liabilities And Stockholders Equity	23.6M	33.6M	57.4M	61.3M	63.1M	66.3M
Non Current Liabilities Total	284.2K	295.8K	606.4K	530.1K	353.9K	220.0K
Total Liab	898.8K	468.6K	2.4M	3.8M	3.6M	3.8M
Property Plant And Equipment Gross	22.8M	22.2M	30.3M	48.4M	54.3M	57.0M
Total Current Assets	815.5K	11.4M	27.1M	13.3M	9.6M	10.0M
Accumulated Other Comprehensive Income	2.4M	1.0M	2.7M	3.5M	4.1M	4.3M
Common Stock	61.0M	74.9M	100.9M	111.5M	122.9M	129.0M
Other Current Assets	93.37	145.0	234.3K	1.6M	295.8K	310.6K
Property Plant Equipment	22.8M	22.2M	30.3M	48.1M	55.3M	58.0M
Non Currrent Assets Other	22.8M	22.2M	29.7M	46.8M	52.6M	55.2M
Inventory	(93.37)	(145.0)	221.5K	310.7K	125.5K	131.8K
Net Tangible Assets	22.7M	33.2M	55.0M	57.8M	66.5M	69.8M
Other Stockholder Equity	(20.3K)	(32.2K)	(52.4K)	(54.3K)	(1.0)	(1.05)
Net Invested Capital	22.7M	33.2M	55.0M	57.8M	60.3M	39.2M
Net Working Capital	(83.4K)	11.0M	25.3M	10.0M	6.3M	7.8M
Capital Stock	61.0M	74.9M	100.9M	111.5M	122.9M	97.0M

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