BlackRock Total Stockholder Equity vs Accounts Payable Analysis

BLK Stock  USD 762.88  5.23  0.69%   
BlackRock financial indicator trend analysis is way more than just evaluating BlackRock prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock is a good investment. Please check the relationship between BlackRock Total Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BlackRock's Total Stockholder Equity and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of BlackRock, assuming nothing else is changed. The correlation between historical values of BlackRock's Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of BlackRock are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., BlackRock's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents BlackRock obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BlackRock are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from BlackRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.Enterprise Value is expected to rise to about 128.3 B this year, although the value of Selling General Administrative will most likely fall to about 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.8B8.8B14.5B15.2B
Total Revenue19.4B17.9B18.7B19.6B

BlackRock fundamental ratios Correlations

0.390.370.48-0.290.01-0.140.990.260.88-0.070.980.420.90.99-0.340.830.550.750.610.260.970.370.630.590.59
0.390.470.760.540.390.460.410.650.620.140.280.090.330.290.510.250.150.740.710.640.240.580.790.660.66
0.370.470.470.310.290.240.460.350.710.060.330.090.580.320.27-0.08-0.090.610.510.340.380.290.60.080.08
0.480.760.470.46-0.190.650.470.770.660.470.32-0.240.290.340.410.40.140.910.920.760.280.490.960.840.84
-0.290.540.310.460.070.87-0.280.720.00.19-0.35-0.44-0.33-0.391.0-0.28-0.10.230.360.72-0.420.480.390.280.29
0.010.390.29-0.190.07-0.270.08-0.280.2-0.440.060.570.280.050.09-0.23-0.070.0-0.06-0.280.090.13-0.03-0.19-0.19
-0.140.460.240.650.87-0.27-0.160.860.080.51-0.23-0.66-0.31-0.270.84-0.05-0.090.380.490.87-0.310.560.540.490.5
0.990.410.460.47-0.280.08-0.160.240.9-0.090.970.430.930.98-0.330.750.510.760.60.230.980.320.640.530.53
0.260.650.350.770.72-0.280.860.240.40.420.18-0.450.070.150.680.320.170.620.641.00.090.70.720.680.69
0.880.620.710.660.00.20.080.90.40.020.820.330.90.82-0.050.580.30.910.790.390.820.470.830.590.59
-0.070.140.060.470.19-0.440.51-0.090.420.02-0.17-0.58-0.2-0.160.150.02-0.30.30.30.42-0.20.120.370.320.32
0.980.280.330.32-0.350.06-0.230.970.180.82-0.170.470.920.99-0.40.820.570.630.480.170.990.350.50.480.48
0.420.090.09-0.24-0.440.57-0.660.43-0.450.33-0.580.470.560.49-0.440.280.430.06-0.08-0.450.5-0.14-0.07-0.12-0.12
0.90.330.580.29-0.330.28-0.310.930.070.9-0.20.920.560.92-0.370.60.370.650.490.050.940.290.510.330.33
0.990.290.320.34-0.390.05-0.270.980.150.82-0.160.990.490.92-0.440.820.570.650.490.140.990.30.510.490.49
-0.340.510.270.411.00.090.84-0.330.68-0.050.15-0.4-0.44-0.37-0.44-0.32-0.110.160.30.68-0.460.460.330.230.24
0.830.25-0.080.4-0.28-0.23-0.050.750.320.580.020.820.280.60.82-0.320.60.560.520.310.750.460.470.720.72
0.550.15-0.090.14-0.1-0.07-0.090.510.170.3-0.30.570.430.370.57-0.110.60.240.240.170.540.280.180.350.35
0.750.740.610.910.230.00.380.760.620.910.30.630.060.650.650.160.560.240.930.610.610.520.980.80.8
0.610.710.510.920.36-0.060.490.60.640.790.30.48-0.080.490.490.30.520.240.930.640.440.620.940.860.86
0.260.640.340.760.72-0.280.870.231.00.390.420.17-0.450.050.140.680.310.170.610.640.090.70.710.670.68
0.970.240.380.28-0.420.09-0.310.980.090.82-0.20.990.50.940.99-0.460.750.540.610.440.090.250.470.40.39
0.370.580.290.490.480.130.560.320.70.470.120.35-0.140.290.30.460.460.280.520.620.70.250.550.640.65
0.630.790.60.960.39-0.030.540.640.720.830.370.5-0.070.510.510.330.470.180.980.940.710.470.550.820.82
0.590.660.080.840.28-0.190.490.530.680.590.320.48-0.120.330.490.230.720.350.80.860.670.40.640.821.0
0.590.660.080.840.29-0.190.50.530.690.590.320.48-0.120.330.490.240.720.350.80.860.680.390.650.821.0
Click cells to compare fundamentals

BlackRock Account Relationship Matchups

BlackRock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets168.6B177.0B152.6B117.6B123.2B119.8B
Short Long Term Debt Total5.0B7.3B9.3B8.5B9.7B5.4B
Total Current Liabilities1.2B1.0B1.4B1.3B1.2B1.5B
Total Stockholder Equity33.5B35.3B37.7B37.7B39.3B21.1B
Property Plant And Equipment Net715M681M2.4B2.5B2.5B2.7B
Net Debt126M(1.4B)(5M)1.1B966M1.0B
Retained Earnings21.7B24.3B27.7B29.9B32.3B34.0B
Non Current Assets Total145.1B148.3B132.5B101.2B104.0B102.8B
Cash And Short Term Investments4.8B8.7B9.3B7.4B8.7B9.2B
Common Stock Shares Outstanding157.5M154.8M154.4M152.4M150.7M141.1M
Liabilities And Stockholders Equity168.6B177.0B152.6B117.6B123.2B119.8B
Non Current Liabilities Total132.5B138.3B112.4B77.5B80.7B119.4B
Other Current Assets(8.9B)(13.1B)(15.0B)5.8B(15.1B)(14.3B)
Other Stockholder Equity12.5B11.3B10.6B9.0B7.8B11.1B
Total Liab133.7B139.3B113.8B78.8B82.0B98.1B
Property Plant And Equipment Gross715M681M3.6B3.9B4.0B4.2B
Total Current Assets23.5B28.7B20.2B16.4B19.2B16.7B
Short Term Debt152M750M1.9B1.8B995M1.5B
Intangible Assets18.4B18.3B18.5B18.3B18.3B12.6B
Accounts Payable1.2B897M1.2B1.2B1.4B789.0M
Cash4.8B8.7B9.3B7.4B8.7B9.2B
Non Currrent Assets Other105.8B107.6B86.2B54.1B58.5B80.8B
Net Receivables3.2B3.5B3.8B3.3B6.3B6.7B
Good Will14.6B14.6B15.4B15.3B15.5B10.6B
Accumulated Other Comprehensive Income(571M)(337M)(550M)(1.1B)(840M)(798M)
Other Current Liab17.8B19.2B(475M)(541M)245M232.8M
Other Liab109.1B111.2B93.0B61.0B70.2B81.0B
Other Assets104.0B131.3B96.1B61.8B70.7B80.3B
Treasury Stock(6.7B)(8.0B)(9.1B)(10.8B)(9.7B)(9.2B)
Property Plant Equipment715M681M762M2.5B2.9B3.1B
Inventory30.6B24.4B29.6B22.1B25.4B26.7B
Long Term Debt5.0B7.3B7.4B6.7B7.9B4.7B
Noncontrolling Interest In Consolidated Entity66M51M113M132M118.8M112.9M
Retained Earnings Total Equity21.7B24.3B27.7B29.9B34.4B17.6B
Deferred Long Term Liab3.7B3.7B2.8B3.4B3.0B3.2B

Pair Trading with BlackRock

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving against BlackRock Stock

  0.53FSK FS KKR Capital Financial Report 3rd of May 2024 PairCorr
  0.47WHF WhiteHorse Finance Financial Report 14th of May 2024 PairCorr
  0.43SCM Stellus Capital Inve Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to BlackRock 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 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 - 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 to buy it.
The correlation of BlackRock 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock 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 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.
Pair CorrelationCorrelation Matching
When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running BlackRock's price analysis, check to measure BlackRock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock is operating at the current time. Most of BlackRock's value examination focuses on studying past and present price action to predict the probability of BlackRock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock's price. Additionally, you may evaluate how the addition of BlackRock to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock's industry 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. 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 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
0.372
Dividend Share
20.1
Earnings Share
39.36
Revenue Per Share
123.091
Quarterly Revenue Growth
0.114
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.