Blackline Debt To Equity from 2010 to 2024
| BL Stock | USD 60.91 1.22 2.04% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 5.34621918 | Current Value 5.61 | Quarterly Volatility 3.49410321 |
Check Blackline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackline main balance sheet or income statement drivers, such as Interest Expense of 10.1 M, Total Revenue of 619.5 M or Gross Profit of 464.4 M, as well as many exotic indicators such as Price To Sales Ratio of 6.12, Dividend Yield of 0.0 or PTB Ratio of 9.94. Blackline financial statements analysis is a perfect complement when working with Blackline Valuation or Volatility modules.
Blackline | Debt To Equity |
Latest Blackline's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Blackline over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Blackline's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blackline's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.00 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
Blackline Debt To Equity Regression Statistics
| Arithmetic Mean | 2.01 | |
| Geometric Mean | 0.32 | |
| Coefficient Of Variation | 174.14 | |
| Mean Deviation | 2.53 | |
| Median | 0.18 | |
| Standard Deviation | 3.49 | |
| Sample Variance | 12.21 | |
| Range | 12.525 | |
| R-Value | 0.68 | |
| Mean Square Error | 7.13 | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | 0.53 | |
| Total Sum of Squares | 170.92 |
Blackline Debt To Equity History
About Blackline Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Blackline income statement, its balance sheet, and the statement of cash flows. Blackline investors use historical funamental indicators, such as Blackline's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Blackline investors may use each financial statement separately, they are all related. The changes in Blackline's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blackline's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Blackline Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Blackline. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 5.35 | 5.61 |
Pair Trading with Blackline
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 Blackline 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 Blackline will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackline Stock
| 0.79 | DJCO | Daily Journal Corp | PairCorr |
Moving against Blackline Stock
| 0.58 | VCSA | Vacasa Inc Earnings Call This Week | PairCorr |
| 0.5 | NOGWQ | Nogin Inc | PairCorr |
| 0.46 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.42 | DTRK | DATATRAK International Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline 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 Blackline - 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 Blackline to buy it.
The correlation of Blackline is a statistical measure of how it moves in relation to other instruments. 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 Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline 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 Blackline 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.Check out the analysis of Blackline Correlation against competitors. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Blackline Stock analysis
When running Blackline's price analysis, check to measure Blackline'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 Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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Is Blackline'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 Blackline. If investors know Blackline 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 Blackline 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 1.05 | Earnings Share 0.81 | Revenue Per Share 9.696 | Quarterly Revenue Growth 0.113 | Return On Assets (0) |
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline'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 Blackline's market value can be influenced by many factors that don't directly affect Blackline'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 Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline'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.