BlackRock Non Current Assets Total vs Depreciation And Amortization Analysis
TCPC Stock | USD 9.41 0.15 1.62% |
BlackRock TCP financial indicator trend analysis is way more than just evaluating BlackRock TCP Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock TCP Capital is a good investment. Please check the relationship between BlackRock TCP Non Current Assets Total and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Non Current Assets Total vs Depreciation And Amortization
Non Current Assets Total vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock TCP Capital Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BlackRock TCP's Non Current Assets Total and Depreciation And Amortization is -0.37. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of BlackRock TCP Capital, assuming nothing else is changed. The correlation between historical values of BlackRock TCP's Non Current Assets Total and Depreciation And Amortization 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 Current Assets Total of BlackRock TCP Capital are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., BlackRock TCP's Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from BlackRock TCP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock TCP 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 World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, BlackRock TCP's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.36, whereas Tax Provision is forecasted to decline to about 162 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 150.8M | 213.9K | 206.8M | 217.1M | Total Revenue | 153.4M | 2.8M | 209.3M | 219.8M |
BlackRock TCP fundamental ratios Correlations
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BlackRock TCP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock TCP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.7B | 1.9B | 1.7B | 1.7B | 1.4B | |
Other Current Liab | (23.9M) | (21.2M) | (18.0M) | (14.1M) | 25.0M | 26.3M | |
Total Stockholder Equity | 776.3M | 765.0M | 829.5M | 746.8M | 687.6M | 727.1M | |
Accounts Payable | 23.9M | 21.2M | 18.0M | 14.1M | 960K | 912K | |
Cash | 44.8M | 20.0M | 19.6M | 82.4M | 112.2M | 117.9M | |
Other Assets | 8.5M | 6.6M | 7.5M | (1.4B) | 1.6B | 1.6B | |
Common Stock Shares Outstanding | 58.8M | 58.8M | 58.0M | 57.8M | 66.4M | 49.9M | |
Total Liab | 945.8M | 907.0M | 1.1B | 972.6M | 1.0B | 692.2M | |
Total Current Liabilities | 23.9M | 43.2M | 39.9M | 14.1M | 26.0M | 21.0M | |
Net Debt | 863.0M | 830.0M | 992.9M | 861.6M | 873.0M | 612.6M | |
Retained Earnings | (221.1M) | (215.0M) | (137.0M) | (221.2M) | (280.1M) | (266.1M) | |
Non Current Assets Total | 1.6B | 1.6B | 1.8B | 1.6B | 1.6B | 1.4B | |
Non Currrent Assets Other | (1.6B) | (1.7B) | (1.9B) | (1.7B) | (1.6B) | (1.6B) | |
Cash And Short Term Investments | 44.8M | 20.0M | 19.6M | 1.5B | 112.2M | 166.2M | |
Net Receivables | 19.2M | 15.9M | 26.1M | 20.9M | 25.7M | 19.1M | |
Common Stock Total Equity | 58.9K | 58.8K | 58.8K | 57.8K | 66.4K | 48.7K | |
Liabilities And Stockholders Equity | 1.7B | 1.7B | 1.9B | 1.7B | 1.7B | 1.5B | |
Other Stockholder Equity | 997.4M | 980.0M | 966.4M | 967.9M | 967.6M | 927.3M | |
Total Current Assets | 64.1M | 35.9M | 45.6M | 1.5B | 140.2M | 178.3M | |
Common Stock | 58.8K | 58.8K | 58.8K | 57.8K | 66.4K | 52.1K | |
Short Long Term Debt Total | 907.8M | 850.0M | 1.0B | 944.0M | 985.2M | 879.4M | |
Non Current Liabilities Total | 907.8M | 850.0M | 1.0B | 14.1M | 985.2M | 629.9M | |
Other Current Assets | (64.1M) | 1.6M | 2.7M | 2.8M | 2.3M | 2.4M | |
Net Tangible Assets | 776.3M | 765.0M | 829.5M | 746.8M | 858.8M | 863.2M | |
Deferred Long Term Liab | 5.5M | 5.0M | 4.8M | 3.6M | 3.2M | 3.9M | |
Long Term Investments | 1.6B | 1.6B | 1.8B | 1.6B | 1.6B | 1.7B | |
Net Invested Capital | 1.7B | 1.6B | 1.8B | 1.7B | 1.7B | 1.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BlackRock TCP Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock TCP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Tcp Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Tcp Capital Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock TCP Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 TCP. 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 TCP 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 0.139 | Dividend Share 1.36 | Earnings Share (0.55) | Revenue Per Share 3.422 | Quarterly Revenue Growth 0.308 |
The market value of BlackRock TCP Capital 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 TCP's value that differs from its market value or its book value, called intrinsic value, which is BlackRock TCP'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 TCP's market value can be influenced by many factors that don't directly affect BlackRock TCP'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 TCP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock TCP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock TCP'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.