BlackLine Net Income Per Employee vs Enterprise Value Analysis

BL -- USA Stock  

USD 45.38  3.24  6.66%

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 Enterprise Value accounts. Check also Trending Equities.

Net Income Per Employee vs Enterprise Value

Accounts Relationship

Net Income Per Employee vs Enterprise Value

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 Enterprise Value

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Employee

Enterprise Value

Enterprise 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].
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