BlackRock Interest Expense vs Gross Profit Analysis
BYM Stock | USD 11.60 0.12 1.05% |
BlackRock Municipal financial indicator trend analysis is way more than just evaluating BlackRock Municipal prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Municipal is a good investment. Please check the relationship between BlackRock Municipal Interest Expense and its Gross Profit accounts. 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Municipal Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock Municipal's Interest Expense and Gross Profit is -0.09. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BlackRock Municipal Income, assuming nothing else is changed. The correlation between historical values of BlackRock Municipal's Interest Expense 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 Interest Expense of BlackRock Municipal Income 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 Interest Expense i.e., BlackRock Municipal's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BlackRock Municipal Income minus its cost of goods sold. It is profit before BlackRock Municipal 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 Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Municipal 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 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. At this time, BlackRock Municipal's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 668.7 M, while Sales General And Administrative To Revenue is likely to drop 0.01.
BlackRock Municipal fundamental ratios Correlations
Click cells to compare fundamentals
BlackRock Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Municipal fundamental ratios 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 | |
Total Stockholder Equity | 411.1M | 421.2M | 358.2M | 333.8M | 328.6M | 347.0M | |
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 | |
Long Term Investments | 664.9M | 665.4M | 661.0M | 512.9M | 484.6M | 632.7M | |
Total Current Liabilities | 2.0M | 4.4M | 93.2M | 47.1M | 64.7M | 58.4M | |
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 | |
Short Long Term Debt Total | 258.6M | 351.9M | 226.7M | 177.4M | 159.6M | 196.7M | |
Net Debt | 325.4K | 244.6M | 226.7M | 185.1M | 159.6M | 117.7M | |
Non Current Assets Total | 665.4M | 661.0M | 574.2M | 512.9M | 484.6M | 491.2M | |
Non Currrent Assets Other | (665.4M) | (661.0M) | 149.7M | 7.6M | 115.7M | 121.5M | |
Cash And Short Term Investments | 466.5K | 7.3K | (149.7M) | 7.6M | 2.7M | 2.9M | |
Short Term Investments | 466.5K | 6.3M | (149.7M) | 7.6M | 2.7M | 2.9M | |
Liabilities And Stockholders Equity | 672.2M | 670.8M | 588.5M | 518.1M | 490.9M | 497.6M | |
Short Term Debt | 325.4K | 107.4M | 557.4K | 40.2M | 62.0M | 36.2M | |
Current Deferred Revenue | 1.7M | (103.0M) | (557.4K) | (65.9K) | 891.7K | 936.3K |
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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.