Some fundamental drivers such as market cap or BlackLine enterprice value can be analyzed from historical prospective to project value of the company into the future. Some investors analyze BlackLine valuation indicators such as Average Assets of 396.4 M or Average Equity of 253.8 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of BlackLine future value. Financial Statement Analysis is much more than just reviewing and breaking down BlackLine prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether BlackLine is a good buy for the upcoming year. Check also Trending Equities.
Average AssetsAverage asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
Enterprise ValueEnterprise Value (or EV) is usually referred to as BlackLine theoretical takeover price. In the event of an acquisition, an acquirer would have to take on BlackLine debt, but would also pocket its cash. Enterprise Value is more accurate representation of BlackLine value than its market capitalization because it takes into account all of BlackLine existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
Market CapitalizationMarket capitalization (or market cap) is the total value of the shares outstanding of BlackLine. It is equal to BlackLine current share price times the number of BlackLine outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
Tangible Asset ValueThe value of tangibles assets calculated as the difference between [Assets] and [Intangibles].