BlackRock Non Operating Income Net Other vs Gross Profit Analysis
BLK Stock | USD 1,029 12.36 1.22% |
BlackRock financial indicator trend analysis is way more than just evaluating BlackRock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock is a good investment. Please check the relationship between BlackRock Non Operating Income Net Other and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
Non Operating Income Net Other vs Gross Profit
Non Operating Income Net Other vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Non Operating Income Net Other account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BlackRock's Non Operating Income Net Other and Gross Profit is 0.54. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BlackRock, assuming nothing else is changed. The correlation between historical values of BlackRock's Non Operating Income Net Other and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of BlackRock are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., BlackRock's Non Operating Income Net Other and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Operating Income Net Other
Gross Profit
Gross profit is a required income statement account that reflects total revenue of BlackRock minus its cost of goods sold. It is profit before BlackRock operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from BlackRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.Enterprise Value is expected to rise to about 102.1 B this year, although the value of Selling General Administrative will most likely fall to about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.8B | 8.8B | 8.7B | 4.8B | Total Revenue | 19.4B | 17.9B | 17.9B | 18.8B |
BlackRock fundamental ratios Correlations
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BlackRock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 168.6B | 177.0B | 152.6B | 117.6B | 123.2B | 119.8B | |
Short Long Term Debt Total | 5.1B | 8.0B | 9.3B | 8.5B | 9.7B | 5.6B | |
Total Current Liabilities | 1.2B | 1.0B | 1.4B | 1.3B | 1.2B | 1.5B | |
Total Stockholder Equity | 33.5B | 35.3B | 37.7B | 37.7B | 39.3B | 21.1B | |
Property Plant And Equipment Net | 715M | 681M | 2.4B | 2.5B | 2.5B | 2.7B | |
Net Debt | 126M | (1.4B) | (5M) | 1.1B | 966M | 1.0B | |
Retained Earnings | 21.7B | 24.3B | 27.7B | 29.9B | 32.3B | 34.0B | |
Non Current Assets Total | 145.1B | 148.3B | 132.5B | 101.2B | 105.5B | 102.9B | |
Cash And Short Term Investments | 4.8B | 8.7B | 9.3B | 7.4B | 8.7B | 9.2B | |
Common Stock Shares Outstanding | 157.5M | 154.8M | 154.4M | 152.4M | 150.7M | 141.1M | |
Liabilities And Stockholders Equity | 168.6B | 177.0B | 152.6B | 117.6B | 123.2B | 119.8B | |
Non Current Liabilities Total | 132.5B | 138.3B | 112.4B | 77.5B | 80.2B | 119.4B | |
Other Current Assets | (8.9B) | (13.1B) | 7.1B | 5.8B | 4.8B | 3.9B | |
Other Stockholder Equity | (9.2B) | (13.1B) | 10.6B | 9.0B | 7.8B | 9.2B | |
Total Liab | 133.7B | 139.3B | 113.8B | 78.8B | 82.0B | 98.1B | |
Property Plant And Equipment Gross | 715M | 681M | 3.6B | 3.9B | 4.0B | 4.2B | |
Total Current Assets | 23.5B | 28.7B | 20.2B | 16.4B | 17.7B | 16.6B | |
Short Term Debt | 1B | 152M | 750M | 1.9B | 180M | 171M | |
Intangible Assets | 18.4B | 18.3B | 18.5B | 18.3B | 18.3B | 12.6B | |
Accounts Payable | 1.2B | 897M | 1.2B | 1.2B | 886M | 796.4M | |
Cash | 4.8B | 8.7B | 9.3B | 7.4B | 8.7B | 9.2B | |
Non Currrent Assets Other | 105.8B | 107.6B | 86.2B | 54.1B | 61.2B | 80.9B | |
Net Receivables | 3.2B | 3.5B | 3.8B | 3.3B | 3.9B | 2.6B | |
Good Will | 14.6B | 14.6B | 15.4B | 15.3B | 15.5B | 10.6B | |
Accumulated Other Comprehensive Income | (571M) | (337M) | (550M) | (1.1B) | (840M) | (798M) | |
Other Current Liab | 17.8B | 19.2B | 10.2B | (367M) | 174M | 165.3M | |
Other Liab | 109.1B | 111.2B | 93.0B | 61.0B | 70.2B | 81.0B | |
Other Assets | 104.0B | 131.3B | 96.1B | 61.8B | 70.7B | 80.3B | |
Treasury Stock | (6.7B) | (8.0B) | (9.1B) | (10.8B) | (9.7B) | (9.2B) | |
Property Plant Equipment | 715M | 681M | 762M | 2.5B | 2.9B | 3.1B | |
Inventory | 30.6B | 24.4B | 29.6B | 22.1B | 25.4B | 26.7B | |
Long Term Debt | 5.0B | 7.3B | 7.4B | 6.7B | 7.9B | 4.7B | |
Noncontrolling Interest In Consolidated Entity | 66M | 51M | 113M | 132M | 118.8M | 112.9M | |
Retained Earnings Total Equity | 21.7B | 24.3B | 27.7B | 29.9B | 34.4B | 17.6B | |
Deferred Long Term Liab | 3.7B | 3.7B | 2.8B | 3.4B | 3.0B | 3.2B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market 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. 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 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 0.023 | Dividend Share 5 | Earnings Share 40.53 | Revenue Per Share 130.415 | Quarterly Revenue Growth 0.149 |
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.