BlackRock Property Plant Equipment vs Net Invested Capital Analysis
BLK Stock | USD 757.00 5.42 0.72% |
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 Property Plant Equipment and its Net Invested Capital 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.
Property Plant Equipment vs Net Invested Capital
Property Plant Equipment vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Property Plant Equipment account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BlackRock's Property Plant Equipment and Net Invested Capital is 0.83. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of BlackRock, assuming nothing else is changed. The correlation between historical values of BlackRock's Property Plant Equipment and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of BlackRock are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant Equipment i.e., BlackRock's Property Plant Equipment and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 Profit | 9.8B | 8.8B | 14.5B | 15.2B | Total Revenue | 19.4B | 17.9B | 18.7B | 19.6B |
BlackRock fundamental ratios Correlations
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BlackRock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 168.6B | 177.0B | 152.6B | 117.6B | 123.2B | 119.8B | |
Short Long Term Debt Total | 5.0B | 7.3B | 9.3B | 8.5B | 9.7B | 5.4B | |
Total Current Liabilities | 1.2B | 1.0B | 1.4B | 1.3B | 1.2B | 1.5B | |
Total Stockholder Equity | 33.5B | 35.3B | 37.7B | 37.7B | 39.3B | 21.1B | |
Property Plant And Equipment Net | 715M | 681M | 2.4B | 2.5B | 2.5B | 2.7B | |
Net Debt | 126M | (1.4B) | (5M) | 1.1B | 966M | 1.0B | |
Retained Earnings | 21.7B | 24.3B | 27.7B | 29.9B | 32.3B | 34.0B | |
Non Current Assets Total | 145.1B | 148.3B | 132.5B | 101.2B | 104.0B | 102.8B | |
Cash And Short Term Investments | 4.8B | 8.7B | 9.3B | 7.4B | 8.7B | 9.2B | |
Common Stock Shares Outstanding | 157.5M | 154.8M | 154.4M | 152.4M | 150.7M | 141.1M | |
Liabilities And Stockholders Equity | 168.6B | 177.0B | 152.6B | 117.6B | 123.2B | 119.8B | |
Non Current Liabilities Total | 132.5B | 138.3B | 112.4B | 77.5B | 80.7B | 119.4B | |
Other Current Assets | (8.9B) | (13.1B) | (15.0B) | 5.8B | (15.1B) | (14.3B) | |
Other Stockholder Equity | 12.5B | 11.3B | 10.6B | 9.0B | 7.8B | 11.1B | |
Total Liab | 133.7B | 139.3B | 113.8B | 78.8B | 82.0B | 98.1B | |
Property Plant And Equipment Gross | 715M | 681M | 3.6B | 3.9B | 4.0B | 4.2B | |
Total Current Assets | 23.5B | 28.7B | 20.2B | 16.4B | 19.2B | 16.7B | |
Short Term Debt | 152M | 750M | 1.9B | 1.8B | 995M | 1.5B | |
Intangible Assets | 18.4B | 18.3B | 18.5B | 18.3B | 18.3B | 12.6B | |
Accounts Payable | 1.2B | 897M | 1.2B | 1.2B | 886M | 796.4M | |
Cash | 4.8B | 8.7B | 9.3B | 7.4B | 8.7B | 9.2B | |
Non Currrent Assets Other | 105.8B | 107.6B | 86.2B | 54.1B | 58.5B | 80.8B | |
Net Receivables | 3.2B | 3.5B | 3.8B | 3.3B | 6.3B | 6.7B | |
Good Will | 14.6B | 14.6B | 15.4B | 15.3B | 15.5B | 10.6B | |
Accumulated Other Comprehensive Income | (571M) | (337M) | (550M) | (1.1B) | (840M) | (798M) | |
Other Current Liab | 17.8B | 19.2B | (475M) | (541M) | 245M | 232.8M | |
Other Liab | 109.1B | 111.2B | 93.0B | 61.0B | 70.2B | 81.0B | |
Other Assets | 104.0B | 131.3B | 96.1B | 61.8B | 70.7B | 80.3B | |
Treasury Stock | (6.7B) | (8.0B) | (9.1B) | (10.8B) | (9.7B) | (9.2B) | |
Property Plant Equipment | 715M | 681M | 762M | 2.5B | 2.9B | 3.1B | |
Inventory | 30.6B | 24.4B | 29.6B | 22.1B | 25.4B | 26.7B | |
Long Term Debt | 5.0B | 7.3B | 7.4B | 6.7B | 7.9B | 4.7B | |
Noncontrolling Interest In Consolidated Entity | 66M | 51M | 113M | 132M | 118.8M | 112.9M | |
Retained Earnings Total Equity | 21.7B | 24.3B | 27.7B | 29.9B | 34.4B | 17.6B | |
Deferred Long Term Liab | 3.7B | 3.7B | 2.8B | 3.4B | 3.0B | 3.2B |
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 together with BlackRock Stock
0.73 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
Moving against BlackRock Stock
0.71 | WAVS | Western Acquisition | 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.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 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.
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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 39.32 | 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.