BlackRock Price To Sales Ratio vs Days Sales Outstanding 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 Price To Sales Ratio and its Days Sales Outstanding 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.
Price To Sales Ratio vs Days Sales Outstanding
Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock TCP Capital Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between BlackRock TCP's Price To Sales Ratio and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding 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 Price To Sales Ratio and Days Sales 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 Price To Sales Ratio of BlackRock TCP Capital are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., BlackRock TCP's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing BlackRock TCP Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BlackRock TCP sales, a figure that is much harder to manipulate than other BlackRock TCP Capital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Days Sales Outstanding
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme 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 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.