BlackRock Municipal Return On Asset vs. Total Debt
| BYM Stock | USD 11.69 0.05 0.43% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.83 | 0.8643 |
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For BlackRock Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BlackRock Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BlackRock Municipal Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BlackRock Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BlackRock Municipal Income over time as well as its relative position and ranking within its peers.
BlackRock |
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.
BlackRock Municipal Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Municipal's current stock value. Our valuation model uses many indicators to compare BlackRock Municipal value to that of its competitors to determine the firm's financial worth. BlackRock Municipal Income is rated fourth in return on asset category among its peers. It is rated below average in total debt category among its peers making up about 6,513,822,408 of Total Debt per Return On Asset. As of the 11th of December 2024, Total Debt To Capitalization is likely to grow to 0.37. Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Municipal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.BlackRock Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
BlackRock Municipal |
| = | 0.0245 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
BlackRock Municipal |
| = | 159.59 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
BlackRock Total Debt vs Competition
BlackRock Municipal Income is rated below average in total debt category among its peers. Total debt of Financials industry is currently estimated at about 4.54 Billion. BlackRock Municipal holds roughly 159.59 Million in total debt claiming about 4% of equities under Financials industry.
BlackRock Municipal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BlackRock Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BlackRock Municipal will eventually generate negative long term returns. The profitability progress is the general direction of BlackRock Municipal's change in net profit over the period of time. It can combine multiple indicators of BlackRock Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 19.8 M | 12.2 M | |
| Net Income From Continuing Ops | 13 M | 16.4 M | |
| Income Before Tax | 13 M | 14.7 M | |
| Total Other Income Expense Net | -6.8 M | -6.5 M | |
| Net Loss | -7.9 M | -7.5 M | |
| Net Income | 13 M | 9.1 M | |
| Income Tax Expense | 20.7 M | 21.7 M | |
| Interest Income | 22.3 M | 26.5 M | |
| Net Interest Income | 14.7 M | 15.9 M | |
| Change To Netincome | 82 M | 86.1 M | |
| Net Income Per Share | 0.50 | 1.07 | |
| Income Quality | 2.68 | 1.13 | |
| Net Income Per E B T | 0.95 | 0.84 |
BlackRock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BlackRock Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BlackRock Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BlackRock Municipal's important profitability drivers and their relationship over time.
Use BlackRock Municipal in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Municipal will appreciate offsetting losses from the drop in the long position's value.BlackRock Municipal Pair Trading
BlackRock Municipal Income Pair Trading Analysis
The ability to find closely correlated positions to BlackRock Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Municipal Income to buy it.
The correlation of BlackRock Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your BlackRock Municipal position
In addition to having BlackRock Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Thematic Idea Now
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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To fully project BlackRock Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BlackRock Municipal at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BlackRock Municipal's income statement, its balance sheet, and the statement of cash flows.