BlackRock Current Ratio from 2010 to 2024

BLK Stock  USD 1,007  15.28  1.54%   
BlackRock Current Ratio yearly trend continues to be quite stable with very little volatility. The value of Current Ratio is projected to decrease to 13.91. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
15.46209677
Current Value
13.91
Quarterly Volatility
11.3222924
 
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Yuan Drop
 
Covid
Check BlackRock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.2 B, Interest Expense of 306.6 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 4.18, Dividend Yield of 0.0165 or PTB Ratio of 3.58. BlackRock financial statements analysis is a perfect complement when working with BlackRock Valuation or Volatility modules.
  
Check out the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.

Latest BlackRock's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of BlackRock over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. BlackRock's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.74 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

BlackRock Current Ratio Regression Statistics

Arithmetic Mean23.12
Geometric Mean19.44
Coefficient Of Variation48.97
Mean Deviation9.45
Median25.14
Standard Deviation11.32
Sample Variance128.19
Range41.269
R-Value(0.19)
Mean Square Error133.30
R-Squared0.03
Significance0.51
Slope(0.47)
Total Sum of Squares1,795

BlackRock Current Ratio History

2024 13.91
2023 15.46
2022 12.71
2021 14.45
2020 27.92
2019 20.11
2018 25.14

About BlackRock Financial Statements

BlackRock investors utilize fundamental indicators, such as Current Ratio, to predict how BlackRock Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 15.46  13.91 

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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 the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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. 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
0.023
Dividend Share
5
Earnings Share
40.26
Revenue Per Share
130.441
Quarterly Revenue Growth
0.149
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.