| BLKStock | USD836.124.420.53% |
BlackRock's odds of distress is less than 5% at the moment. It is unlikely to undergo any financial straits in the next 24 months. Bankruptcy prediction helps decision makers evaluate BlackRock's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the BlackRock balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out BlackRock Piotroski F Score and BlackRock Altman Z Score analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
BlackRock | Probability Of Bankruptcy Short Term Coverage Ratios Price Earnings Ratio Price To Sales Ratio Dividend Yield Operating Cycle Price Book Value Ratio Price Earnings To Growth Ratio Days Of Payables Outstanding Operating Cash Flow Per Share Dividend Payout Ratio Price To Operating Cash Flows Ratio Free Cash Flow Per Share Price To Free Cash Flows Ratio Pretax Profit Margin Inventory Turnover Ebt Per Ebit Payables Turnover Operating Profit Margin Effective Tax Rate Company Equity Multiplier Long Term Debt To Capitalization Cash Per Share Total Debt To Capitalization Interest Coverage Return On Capital Employed Payout Ratio Debt Equity Ratio Ebit Per Revenue Quick Ratio Dividend Paid And Capex Coverage Ratio Net Income Per E B T Cash Ratio Cash Conversion Cycle Operating Cash Flow Sales Ratio Days Of Inventory Outstanding Days Of Sales Outstanding Free Cash Flow Operating Cash Flow Ratio Cash Flow Coverage Ratios Price To Book Ratio Current Ratio Fixed Asset Turnover Capital Expenditure Coverage Ratio Price Cash Flow Ratio Enterprise Value Multiple Debt Ratio Cash Flow To Debt Ratio Price Sales Ratio Return On Assets Receivables Turnover Asset Turnover Net Profit Margin Gross Profit Margin Price Fair Value Return On Equity Sale Purchase Of Stock Change To Inventory Change In Cash Free Cash Flow Change In Working Capital Begin Period Cash Flow Other Cashflows From Financing Activities Depreciation Other Non Cash Items Dividends Paid Capital Expenditures Total Cash From Operating Activities Change To Account Receivables Net Income Total Cash From Financing Activities End Period Cash Flow Change To Liabilities Total Cashflows From Investing Activities Other Cashflows From Investing Activities Stock Based Compensation Investments Change Receivables Net Borrowings Exchange Rate Changes Cash And Cash Equivalents Changes Cash Flows Other Operating Change To Netincome Change To Operating Activities Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity Property Plant And Equipment Net Net Debt Retained Earnings Non Current Assets Total Cash And Short Term Investments Common Stock Shares Outstanding Short Term Investments Liabilities And Stockholders Equity Non Current Liabilities Total Other Current Assets Other Stockholder Equity Total Liab Property Plant And Equipment Gross Total Current Assets Short Term Debt Intangible Assets Accounts Payable Cash Non Currrent Assets Other Net Receivables Good Will Common Stock Total Equity Accumulated Other Comprehensive Income Common Stock Other Current Liab Other Liab Other Assets Treasury Stock Property Plant Equipment Inventory Long Term Debt Total Permanent Equity Noncontrolling Interest In Consolidated Entity Retained Earnings Total Equity Additional Paid In Capital Deferred Long Term Liab Preferred Stock Total Equity Temporary Equity Redeemable Noncontrolling Interests Net Tangible Assets Warrants Long Term Debt Total Capital Surpluse Long Term Investments Non Current Liabilities Other Short Long Term Debt Cash And Equivalents Net Invested Capital Net Working Capital Current Deferred Revenue Capital Lease Obligations Depreciation And Amortization Interest Expense Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income Ebit Ebitda Total Operating Expenses Income Before Tax Total Other Income Expense Net Income Tax Expense Cost Of Revenue Net Income Applicable To Common Shares Minority Interest Selling And Marketing Expenses Research Development Net Income From Continuing Ops Non Operating Income Net Other Non Recurring Tax Provision Interest Income Net Interest Income Reconciled Depreciation Probability Of Bankruptcy |
BlackRock Probability Of Bankruptcy Analysis
BlackRock's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy | = | Normalized | Z-Score |
Current BlackRock Probability Of Bankruptcy | Less than 5% |
Most of BlackRock's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of BlackRock probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting BlackRock odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of BlackRock financial health.
Is BlackRock'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. 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 0.103 | Dividend Share 20 | Earnings Share 36.54 | Revenue Per Share 119.596 | Quarterly Revenue Growth 0.068 |
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.
BlackRock Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackRock is extremely important. It helps to project a fair market value of BlackRock Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since BlackRock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BlackRock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BlackRock's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, BlackRock has a Probability Of Bankruptcy of 5.0%. This is 89.99% lower than that of the Capital Markets sector and 87.56% lower than that of the Financials industry. The probability of bankruptcy for all United States stocks is 87.45% higher than that of the company.
BlackRock Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BlackRock could also be used in its relative valuation, which is a method of valuing BlackRock by comparing valuation metrics of similar companies.
BlackRock is currently under evaluation in probability of bankruptcy category among related companies.
BlackRock Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0265 | 0.0279 | 0.0387 | 0.044 | 0.0447 | 0.0647 | |
| Asset Turnover | 0.089 | 0.0862 | 0.0916 | 0.13 | 0.15 | 0.14 | |
| Net Debt | 126M | (1.4B) | (5M) | 1.1B | 966M | 1.0B | |
| Total Current Liabilities | 1.2B | 1.0B | 1.4B | 1.3B | 1.2B | 1.5B | |
| Non Current Liabilities Total | 132.5B | 138.3B | 112.4B | 77.5B | 80.7B | 119.4B | |
| Total Assets | 168.6B | 177.0B | 152.6B | 117.6B | 123.2B | 119.8B | |
| Total Current Assets | 23.5B | 28.7B | 20.2B | 16.4B | 19.2B | 16.7B | |
| Total Cash From Operating Activities | 2.9B | 3.7B | 4.9B | 5.0B | 4.1B | 2.2B |
BlackRock ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BlackRock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BlackRock's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
BlackRock Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0329 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 123.63 B | |||
| Shares Outstanding | 148.94 M | |||
| Shares Owned By Insiders | 0.95 % | |||
| Shares Owned By Institutions | 88.10 % | |||
| Number Of Shares Shorted | 1.35 M | |||
| Price To Earning | 19.81 X | |||
| Price To Book | 3.17 X | |||
| Price To Sales | 6.97 X | |||
| Revenue | 18.66 B | |||
| Gross Profit | 8.79 B | |||
| EBITDA | 7.47 B | |||
| Net Income | 5.5 B | |||
| Cash And Equivalents | 7.42 B | |||
| Cash Per Share | 43.42 X | |||
| Total Debt | 9.7 B | |||
| Debt To Equity | 0.22 % | |||
| Current Ratio | 1.74 X | |||
| Book Value Per Share | 264.96 X | |||
| Cash Flow From Operations | 4.14 B | |||
| Short Ratio | 2.11 X | |||
| Earnings Per Share | 36.54 X | |||
| Price To Earnings To Growth | 2.69 X | |||
| Target Price | 916.23 | |||
| Number Of Employees | 19.8 K | |||
| Beta | 1.38 | |||
| Market Capitalization | 124.53 B | |||
| Total Asset | 123.21 B | |||
| Retained Earnings | 32.34 B | |||
| Working Capital | 17.93 B | |||
| Current Asset | 8.32 B | |||
| Current Liabilities | 3.04 B | |||
| Z Score | 8.59 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 2.38 % | |||
| Net Asset | 123.21 B | |||
| Last Dividend Paid | 20.0 |
About BlackRock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts London, United Kingdom Gurgaon, India Hong Kong Greenwich, Connecticut Princeton, New Jersey Edinburgh, United Kingdom Sydney, Australia Taipei, Taiwan Singapore Sao Paulo, Brazil Philadelphia, Pennsylvania Washington, District of Columbia Toronto, Canada Wilmington, Delaware and San Francisco, California. Blackrock operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 19900 people.
BlackRock Investors Sentiment
The influence of BlackRock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BlackRock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BlackRock's public news can be used to forecast risks associated with an investment in BlackRock. The trend in average sentiment can be used to explain how an investor holding BlackRock can time the market purely based on public headlines and social activities around BlackRock. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BlackRock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BlackRock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BlackRock's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BlackRock.
BlackRock Implied Volatility | 24.5 |
BlackRock's implied volatility exposes the market's sentiment of BlackRock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BlackRock's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BlackRock stock will not fluctuate a lot when BlackRock's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackRock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackRock's short interest history, or implied volatility extrapolated from BlackRock options trading.
Pair Trading with BlackRock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock will appreciate offsetting losses from the drop in the long position's value.
Moving together with BlackRock Stock
| 0.76 | AMP | Ameriprise Financial Fiscal Quarter End 31st of March 2024 | PairCorr |
| 0.63 | AXP | American Express Fiscal Quarter End 31st of March 2024 | PairCorr |
Moving against BlackRock Stock
| 0.72 | GROW | US Global Investors Report 14th of June 2024 | PairCorr |
| 0.54 | ESAC | ESGEN Acquisition Corp | PairCorr |
| 0.48 | FRHC | Freedom Holding Corp | PairCorr |
The ability to find closely correlated positions to BlackRock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock to buy it.
The correlation of BlackRock is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
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 BlackRock Piotroski F Score and BlackRock Altman Z Score analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for BlackRock Stock analysis
When running BlackRock's price analysis, check to measure BlackRock'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 is operating at the current time. Most of BlackRock's value examination focuses on studying past and present price action to predict the probability of BlackRock'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's price. Additionally, you may evaluate how the addition of BlackRock to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock'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. 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 0.103 | Dividend Share 20 | Earnings Share 36.54 | Revenue Per Share 119.596 | Quarterly Revenue Growth 0.068 |
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.
