BlackRock Interest Income vs Income Before Tax Analysis
| BTZ Stock | USD 10.43 0.05 0.48% |
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 Interest Income and its Income Before Tax 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.
Interest Income vs Income Before Tax
Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Credit All Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BlackRock Credit's Interest Income and Income Before Tax is -0.14. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax 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 Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of BlackRock Credit Allocation are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., BlackRock Credit's Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on BlackRock Credit income statement and is an important metric when analyzing BlackRock Credit All profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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
Click cells to compare fundamentals
BlackRock Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BlackRock Credit fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.1B | 2.1B | 2.0B | 1.7B | 1.8B | 2.2B | |
| Total Stockholder Equity | 1.6B | 1.5B | 1.4B | 1.0B | 1.1B | 1.1B | |
| Net Tangible Assets | 1.6B | 1.5B | 1.4B | 1.0B | 941.3M | 1.1B | |
| Retained Earnings | 112.5M | 201.6M | 158.9M | (186.2M) | (113.2M) | (118.8M) | |
| Accounts Payable | 6.1M | 9.0M | 8.3M | 68.1M | 78.3M | 82.2M | |
| Cash | 69.8K | 804.0 | 167.8K | 64.1K | 1.5K | 1.4K | |
| Other Assets | 615.7K | 2.3M | 2.5M | 17.4M | 42.0M | 44.1M | |
| Net Receivables | 26.6M | 24.8M | 24.6M | 31.2M | 25.7M | 26.5M | |
| Total Liab | 584.0M | 641.2M | 598.0M | 670.2M | 683.8M | 657.7M | |
| Long Term Investments | 2.1B | 2.1B | 2.0B | 1.7B | 1.7B | 2.1B | |
| Short Term Debt | 568.5M | 614.2M | 587.0M | 594.0M | 590.9M | 564.4M | |
| Common Stock | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 1.4B | |
| Short Long Term Debt Total | 568.5M | 614.2M | 587.0M | 589.3M | 590.9M | 497.5M | |
| Total Current Liabilities | 6.1M | 9.0M | 8.3M | 68.1M | 669.2M | 702.6M | |
| Net Debt | 568.5M | 614.0M | 587.0M | 589.3M | 590.9M | 615.4M | |
| Common Stock Total Equity | 1.5B | 1.5B | 1.4B | 1.3B | 1.5B | 1.5B | |
| Common Stock Shares Outstanding | 115.2M | 103.9M | 93.5M | 93.5M | 93.3M | 82.4M | |
| Liabilities And Stockholders Equity | 2.1B | 2.1B | 2.0B | 1.7B | 1.8B | 2.1B | |
| 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 Assets | 26.6M | 25.0M | 24.6M | 31.3M | (1.0) | (0.95) | |
| Non Current Assets Total | 2.1B | 2.1B | 2.0B | 1.7B | 1.7B | 1.7B | |
| Non Currrent Assets Other | (2.1B) | (2.1B) | (2.0B) | (1.7B) | (1.7B) | (1.8B) | |
| Cash And Short Term Investments | 804.0 | 167.8K | 22.0M | 64.1K | 16.3M | 17.2M | |
| Short Term Investments | 4.8M | 24.1M | 22.0M | 8.1M | 16.3M | 9.2M | |
| Non Current Liabilities Total | 6.1M | 614.2M | 587.0M | 68.1M | 683.8M | 718.0M | |
| Net Invested Capital | 2.1B | 2.1B | 2.0B | 1.6B | 1.7B | 1.5B | |
| Capital Stock | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 1.0B |
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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 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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.