BlackRock Net Receivables vs Common Stock Shares Outstanding 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 Net Receivables and its Common Stock Shares Outstanding 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.
Net Receivables vs Common Stock Shares Outstanding
Net Receivables vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Municipal Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between BlackRock Municipal's Net Receivables and Common Stock Shares Outstanding is -0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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 Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of BlackRock Municipal Income are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., BlackRock Municipal's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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
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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.