BlackRock Accounts Payable vs Retained Earnings Analysis

BTZ Stock  USD 10.24  0.03  0.29%   
BlackRock Credit financial indicator trend analysis is way more than just evaluating BlackRock Credit All prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Credit All is a good investment. Please check the relationship between BlackRock Credit Accounts Payable and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Credit Allocation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Credit All Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BlackRock Credit's Accounts Payable and Retained Earnings is -0.31. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of BlackRock Credit Allocation, assuming nothing else is changed. The correlation between historical values of BlackRock Credit's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of BlackRock Credit Allocation are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., BlackRock Credit's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents BlackRock Credit 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 Credit All 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from BlackRock Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Credit All 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 Credit Allocation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, BlackRock Credit's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.01 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 26.7 K in 2024.

BlackRock Credit fundamental ratios Correlations

0.65-0.730.66-0.5-0.19-0.23-0.39-0.050.60.711.00.50.830.320.38-0.13-0.110.390.30.510.47-0.25-0.150.420.0
0.65-0.640.99-0.27-0.720.27-0.860.00.60.080.670.080.340.530.27-0.040.020.780.750.730.79-0.54-0.020.870.36
-0.73-0.64-0.630.430.350.180.480.32-0.44-0.5-0.74-0.23-0.78-0.13-0.140.270.16-0.69-0.42-0.67-0.480.520.1-0.71-0.38
0.660.99-0.63-0.26-0.730.26-0.880.010.590.070.680.070.330.50.23-0.040.010.750.780.710.8-0.55-0.020.840.37
-0.5-0.270.43-0.26-0.31-0.210.080.47-0.8-0.49-0.48-0.2-0.47-0.59-0.81-0.04-0.07-0.38-0.06-0.66-0.580.270.74-0.36-0.32
-0.19-0.720.35-0.73-0.31-0.30.85-0.22-0.080.24-0.230.230.02-0.250.310.080.09-0.63-0.81-0.38-0.510.43-0.53-0.69-0.34
-0.230.270.180.26-0.21-0.3-0.28-0.070.16-0.56-0.24-0.77-0.50.480.42-0.04-0.060.310.230.450.46-0.21-0.270.340.18
-0.39-0.860.48-0.880.080.85-0.28-0.11-0.450.02-0.420.02-0.2-0.470.060.060.06-0.74-0.97-0.56-0.820.63-0.2-0.84-0.63
-0.050.00.320.010.47-0.22-0.07-0.11-0.28-0.04-0.030.04-0.12-0.09-0.320.05-0.04-0.280.11-0.4-0.16-0.160.42-0.21-0.36
0.60.6-0.440.59-0.8-0.080.16-0.45-0.280.390.590.420.370.820.670.250.250.630.410.720.82-0.44-0.410.620.42
0.710.08-0.50.07-0.490.24-0.560.02-0.040.390.710.70.90.140.18-0.12-0.170.07-0.020.10.13-0.03-0.060.030.02
1.00.67-0.740.68-0.48-0.23-0.24-0.42-0.030.590.710.50.840.310.35-0.13-0.110.410.330.50.48-0.26-0.110.450.02
0.50.08-0.230.07-0.20.23-0.770.020.040.420.70.50.540.16-0.010.360.330.00.0-0.110.010.00.12-0.03-0.01
0.830.34-0.780.33-0.470.02-0.5-0.2-0.120.370.90.840.540.030.15-0.29-0.260.250.170.310.25-0.18-0.130.260.12
0.320.53-0.130.5-0.59-0.250.48-0.47-0.090.820.140.310.160.030.560.430.350.580.420.590.76-0.35-0.140.560.36
0.380.27-0.140.23-0.810.310.420.06-0.320.670.180.35-0.010.150.560.010.040.19-0.180.520.430.01-0.750.19-0.09
-0.13-0.040.27-0.04-0.040.08-0.040.060.050.25-0.12-0.130.36-0.290.430.010.97-0.03-0.04-0.12-0.030.030.11-0.07-0.05
-0.110.020.160.01-0.070.09-0.060.06-0.040.25-0.17-0.110.33-0.260.350.040.970.01-0.06-0.06-0.040.00.00.0-0.04
0.390.78-0.690.75-0.38-0.630.31-0.74-0.280.630.070.410.00.250.580.19-0.030.010.690.880.8-0.690.010.970.64
0.30.75-0.420.78-0.06-0.810.23-0.970.110.41-0.020.330.00.170.42-0.18-0.04-0.060.690.50.79-0.670.240.780.73
0.510.73-0.670.71-0.66-0.380.45-0.56-0.40.720.10.5-0.110.310.590.52-0.12-0.060.880.50.81-0.57-0.410.850.49
0.470.79-0.480.8-0.58-0.510.46-0.82-0.160.820.130.480.010.250.760.43-0.03-0.040.80.790.81-0.65-0.240.840.67
-0.25-0.540.52-0.550.270.43-0.210.63-0.16-0.44-0.03-0.260.0-0.18-0.350.010.030.0-0.69-0.67-0.57-0.650.0-0.72-0.64
-0.15-0.020.1-0.020.74-0.53-0.27-0.20.42-0.41-0.06-0.110.12-0.13-0.14-0.750.110.00.010.24-0.41-0.240.0-0.02-0.06
0.420.87-0.710.84-0.36-0.690.34-0.84-0.210.620.030.45-0.030.260.560.19-0.070.00.970.780.850.84-0.72-0.020.66
0.00.36-0.380.37-0.32-0.340.18-0.63-0.360.420.020.02-0.010.120.36-0.09-0.05-0.040.640.730.490.67-0.64-0.060.66
Click cells to compare fundamentals

BlackRock Credit Account Relationship Matchups

BlackRock Credit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.0B1.7B1.8B2.2B
Total Stockholder Equity1.6B1.5B1.4B1.0B1.1B1.1B
Net Tangible Assets1.6B1.5B1.4B1.0B941.3M1.1B
Retained Earnings112.5M201.6M158.9M(186.2M)(113.2M)(118.8M)
Accounts Payable6.1M9.0M8.3M68.1M78.3M82.2M
Cash69.8K804.0167.8K64.1K1.5K1.4K
Other Assets615.7K2.3M2.5M17.4M42.0M44.1M
Net Receivables26.6M24.8M24.6M31.2M25.7M26.5M
Total Liab584.0M641.2M598.0M670.2M683.8M657.7M
Long Term Investments2.1B2.1B2.0B1.7B1.7B2.1B
Short Term Debt568.5M614.2M587.0M594.0M590.9M564.4M
Common Stock1.4B1.3B1.3B1.2B1.2B1.4B
Short Long Term Debt Total568.5M614.2M587.0M589.3M590.9M497.5M
Total Current Liabilities6.1M9.0M8.3M68.1M669.2M702.6M
Net Debt568.5M614.0M587.0M589.3M590.9M615.4M
Common Stock Total Equity1.5B1.5B1.4B1.3B1.5B1.5B
Common Stock Shares Outstanding115.2M103.9M93.5M93.5M93.3M82.4M
Liabilities And Stockholders Equity2.1B2.1B2.0B1.7B1.8B2.1B
Other Current Liab(6.1M)(9.0M)(8.3M)(68.1M)(669.2M)(635.7M)
Other Current Assets(32.4M)(49.2M)(46.6M)(39.4M)(42.0M)(39.9M)
Total Current Assets26.6M25.0M24.6M31.3M(1.0)(0.95)
Non Current Assets Total2.1B2.1B2.0B1.7B1.7B1.7B
Non Currrent Assets Other(2.1B)(2.1B)(2.0B)(1.7B)(1.7B)(1.8B)
Cash And Short Term Investments804.0167.8K22.0M64.1K16.3M17.2M
Short Term Investments4.8M24.1M22.0M8.1M16.3M9.2M
Non Current Liabilities Total6.1M614.2M587.0M68.1M683.8M718.0M
Net Invested Capital2.1B2.1B2.0B1.6B1.7B1.5B
Capital Stock1.4B1.3B1.3B1.2B1.2B1.0B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackRock Credit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackRock Credit's short interest history, or implied volatility extrapolated from BlackRock Credit options trading.

Pair Trading with BlackRock Credit

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

Moving together with BlackRock Stock

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Moving against BlackRock Stock

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The ability to find closely correlated positions to BlackRock Credit 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 Credit 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 Credit - 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 Credit Allocation to buy it.
The correlation of BlackRock Credit 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 Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Credit All 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 Credit 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 Credit All offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Credit'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 Credit Allocation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Credit Allocation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Credit Allocation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running BlackRock Credit's price analysis, check to measure BlackRock Credit'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 Credit is operating at the current time. Most of BlackRock Credit's value examination focuses on studying past and present price action to predict the probability of BlackRock Credit'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 Credit's price. Additionally, you may evaluate how the addition of BlackRock Credit to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock Credit'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 Credit. 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 Credit 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
13.502
Dividend Share
1.007
Earnings Share
1.41
Revenue Per Share
1.12
Quarterly Revenue Growth
0.126
The market value of BlackRock Credit All 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 Credit's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Credit'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 Credit's market value can be influenced by many factors that don't directly affect BlackRock Credit'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 Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Credit'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.