BX Stock | | | USD 177.46 1.16 0.66% |
Blackstone financial indicator trend analysis is way more than just evaluating Blackstone Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackstone Group is a good investment. Please check the relationship between Blackstone Non Operating Income Net Other and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Non Operating Income Net Other vs Gross Profit
Non Operating Income Net Other vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blackstone Group Non Operating Income Net Other account and
Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blackstone's Non Operating Income Net Other and Gross Profit is -0.23. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Blackstone Group, assuming nothing else is changed. The correlation between historical values of Blackstone's Non Operating Income Net Other and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Blackstone Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Operating Income Net Other i.e., Blackstone's Non Operating Income Net Other and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Blackstone Group minus its cost of goods sold. It is profit before Blackstone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Blackstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Group 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 Blackstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, Blackstone's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas
Tax Provision is likely to drop slightly above 463.7
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 8.3B | 3.6B | 7.4B | 7.8B | Total Revenue | 16.7B | 7.1B | 7.7B | 5.4B |
Blackstone fundamental ratios Correlations
Click cells to compare fundamentals
Blackstone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackstone fundamental ratios Accounts
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Additional Tools for Blackstone Stock Analysis
When running Blackstone's price analysis, check to
measure Blackstone'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 Blackstone is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to
predict the probability of Blackstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.