BlackLine Net Income Per Employee vs Average Equity Analysis

BL -- USA Stock  

USD 49.49  4.11  9.06%

BlackLine financial indicator trend analysis is way more than just evaluating BlackLine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackLine is a good investment. Please check the relationship between BlackLine Net Income Per Employee and its Average Equity accounts. Check also Trending Equities.

Net Income Per Employee vs Average Equity

Accounts Relationship

Net Income Per Employee vs Average Equity

Significance: Weak Contrarian Relationship

Net Income Per Employee diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Net Income Per Employee account and Average Equity

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Employee

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].
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