BlackRock Inventory vs Other Current Liab Analysis
BCAT Stock | USD 16.30 0.01 0.06% |
BlackRock Capital financial indicator trend analysis is way more than just evaluating BlackRock Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackRock Capital is a good investment. Please check the relationship between BlackRock Capital Inventory and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Capital Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Inventory vs Other Current Liab
Inventory vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Capital Inventory account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BlackRock Capital's Inventory and Other Current Liab is 0.57. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of BlackRock Capital Allocation, assuming nothing else is changed. The correlation between historical values of BlackRock Capital's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of BlackRock Capital Allocation are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., BlackRock Capital's Inventory and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Other Current Liab
Most indicators from BlackRock Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackRock Capital 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 Capital Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, BlackRock Capital's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 4.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 71.4M | 66.9M | 61.5M | 57.0M | Net Interest Income | 69.3M | 64.0M | 60.1M | 55.2M |
BlackRock Capital fundamental ratios Correlations
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BlackRock Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for BlackRock Stock Analysis
When running BlackRock Capital's price analysis, check to measure BlackRock Capital'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 Capital is operating at the current time. Most of BlackRock Capital's value examination focuses on studying past and present price action to predict the probability of BlackRock Capital'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 Capital's price. Additionally, you may evaluate how the addition of BlackRock Capital to your portfolios can decrease your overall portfolio volatility.