BlackRock Net Tangible Assets vs Non Current Assets Total Analysis

BTZ Stock  USD 10.96  0.09  0.81%   
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 Net Tangible Assets and its Non Current Assets Total 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Tangible Assets vs Non Current Assets Total

Net Tangible Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackRock Credit All Net Tangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between BlackRock Credit's Net Tangible Assets and Non Current Assets Total is 0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Assets Total 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 Net Tangible Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of BlackRock Credit Allocation are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Tangible Assets i.e., BlackRock Credit's Net Tangible Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, BlackRock Credit's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.43 in 2025, whereas Selling General Administrative is likely to drop slightly above 633.4 K in 2025.

BlackRock Credit fundamental ratios Correlations

0.85-0.250.180.32-0.180.0-0.110.70.70.150.020.64-0.270.160.760.920.30.130.86-0.040.040.00.58-0.02-0.48
0.85-0.250.430.41-0.290.28-0.40.720.290.21-0.320.31-0.05-0.010.660.770.280.150.57-0.24-0.170.070.540.07-0.34
-0.25-0.25-0.660.30.20.220.45-0.18-0.27-0.8-0.52-0.65-0.29-0.14-0.31-0.42-0.450.11-0.250.580.54-0.38-0.490.110.14
0.180.43-0.66-0.13-0.360.17-0.770.26-0.140.840.10.170.55-0.020.180.220.42-0.08-0.17-0.67-0.730.240.440.380.03
0.320.410.3-0.13-0.28-0.20.0-0.060.02-0.28-0.41-0.1-0.35-0.620.250.31-0.60.470.330.410.61-0.52-0.270.060.07
-0.18-0.290.2-0.36-0.28-0.24-0.10.030.2-0.140.040.0-0.420.160.23-0.080.05-0.25-0.06-0.010.010.460.3-0.15-0.09
0.00.280.220.17-0.2-0.24-0.130.23-0.47-0.22-0.61-0.480.370.21-0.22-0.230.3-0.2-0.29-0.24-0.390.150.040.15-0.11
-0.11-0.40.45-0.770.0-0.1-0.13-0.210.07-0.710.02-0.07-0.170.04-0.41-0.25-0.30.10.180.560.59-0.43-0.6-0.360.05
0.70.72-0.180.26-0.060.030.23-0.210.410.17-0.10.29-0.090.390.560.590.6-0.10.45-0.43-0.350.320.730.04-0.17
0.70.29-0.27-0.140.020.2-0.470.070.410.230.60.87-0.540.260.770.810.260.010.830.050.210.070.59-0.06-0.49
0.150.21-0.80.84-0.28-0.14-0.22-0.710.170.230.580.510.320.090.360.350.47-0.14-0.03-0.63-0.630.290.580.37-0.1
0.02-0.32-0.520.1-0.410.04-0.610.02-0.10.60.580.71-0.050.280.210.250.29-0.110.21-0.11-0.090.050.290.09-0.17
0.640.31-0.650.17-0.10.0-0.48-0.070.290.870.510.71-0.220.280.660.790.40.080.75-0.1-0.070.130.58-0.13-0.48
-0.27-0.05-0.290.55-0.35-0.420.37-0.17-0.09-0.540.32-0.05-0.220.3-0.56-0.360.38-0.24-0.54-0.26-0.64-0.19-0.160.320.22
0.16-0.01-0.14-0.02-0.620.160.210.040.390.260.090.280.280.3-0.050.070.79-0.20.07-0.04-0.50.20.41-0.07-0.23
0.760.66-0.310.180.250.23-0.22-0.410.560.770.360.210.66-0.56-0.050.90.220.050.72-0.240.030.290.790.07-0.48
0.920.77-0.420.220.31-0.08-0.23-0.250.590.810.350.250.79-0.360.070.90.280.160.87-0.110.040.070.680.0-0.51
0.30.28-0.450.42-0.60.050.3-0.30.60.260.470.290.40.380.790.220.28-0.150.07-0.51-0.810.410.690.1-0.32
0.130.150.11-0.080.47-0.25-0.20.1-0.10.01-0.14-0.110.08-0.24-0.20.050.16-0.150.190.40.19-0.09-0.19-0.390.04
0.860.57-0.25-0.170.33-0.06-0.290.180.450.83-0.030.210.75-0.540.070.720.870.070.190.170.36-0.030.4-0.3-0.47
-0.04-0.240.58-0.670.41-0.01-0.240.56-0.430.05-0.63-0.11-0.1-0.26-0.04-0.24-0.11-0.510.40.170.72-0.63-0.56-0.150.02
0.04-0.170.54-0.730.610.01-0.390.59-0.350.21-0.63-0.09-0.07-0.64-0.50.030.04-0.810.190.360.72-0.53-0.52-0.140.03
0.00.07-0.380.24-0.520.460.15-0.430.320.070.290.050.13-0.190.20.290.070.41-0.09-0.03-0.63-0.530.58-0.43-0.11
0.580.54-0.490.44-0.270.30.04-0.60.730.590.580.290.58-0.160.410.790.680.69-0.190.4-0.56-0.520.580.13-0.35
-0.020.070.110.380.06-0.150.15-0.360.04-0.060.370.09-0.130.32-0.070.070.00.1-0.39-0.3-0.15-0.14-0.430.130.04
-0.48-0.340.140.030.07-0.09-0.110.05-0.17-0.49-0.1-0.17-0.480.22-0.23-0.48-0.51-0.320.04-0.470.020.03-0.11-0.350.04
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BlackRock Credit Account Relationship Matchups

BlackRock Credit fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.1B2.0B1.7B1.8B1.6B2.1B
Total Stockholder Equity1.5B1.4B1.0B1.1B1.1B1.1B
Net Tangible Assets1.6B1.5B1.4B1.0B941.3M1.1B
Retained Earnings201.6M158.9M(186.2M)(113.2M)(112.7M)(118.3M)
Accounts Payable9.0M8.3M68.1M78.3M4.1M3.9M
Cash167.8K0.064.1K1.5K199.6K320.7K
Other Assets2.3M2.5M17.4M(434.0K)26.5M27.8M
Net Receivables24.8M24.6M31.2M25.7M24.2M25.2M
Total Liab641.2M598.0M670.2M683.8M542.7M638.7M
Long Term Investments2.1B2.0B1.7B1.7B1.6B1.5B
Short Term Debt614.2M587.0M594.0M590.9M679.5M622.6M
Common Stock1.3B1.3B1.2B1.2B1.2B1.4B
Other Current Liab(9.0M)(595.3M)(662.1M)(669.1M)(4.1M)(4.3M)
Total Current Liabilities9.0M8.3M68.1M685.7M617.1M648.0M
Net Debt614.0M587.0M589.3M590.9M(199.6K)(189.6K)
Non Current Assets Total2.1B2.0B1.7B1.7B1.6B1.6B
Non Currrent Assets Other(2.1B)(2.0B)(1.7B)(1.7B)(1.6B)(1.6B)
Cash And Short Term Investments167.8K22.0M64.1K1.5K6.5M4.2M
Common Stock Shares Outstanding103.9M93.5M93.5M93.3M91.8M108.0M
Non Current Liabilities Total614.2M587.0M68.1M683.8M786.4M825.7M
Inventory46.8M32.4M49.2M39.4M45.3M47.6M
Other Current Assets(49.2M)2.6M18.5M15.9M(24.2M)(23.0M)
Total Current Assets25.0M24.6M31.3M41.5M6.5M6.2M
Short Long Term Debt Total1.3B587.0M589.3M590.9M531.8M562.5M
Liabilities And Stockholders Equity2.1B2.0B1.7B1.8B1.6B1.7B
Short Term Investments24.1M22.0M8.1M16.3M6.3M12.0M
Current Deferred Revenue(562.4M)(605.2M)(578.7M)(526.0M)(473.4M)(497.0M)
Net Invested Capital2.1B2.0B1.6B1.7B1.6B1.5B
Capital Stock1.3B1.3B1.2B1.2B1.2B1.0B

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