Blackline Revenue Per Employee vs Invested Capital Analysis

BL Stock  USD 63.63  1.30  2.09%   
Trend analysis of Blackline balance sheet accounts such as Other Current Liab of 37.2 M or Total Current Liabilities of 674.7 M provides information on Blackline's total assets, liabilities, and equity, which is the actual value of Blackline to its prevalent stockholders. By breaking down trends over time using Blackline balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.

About Blackline Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Blackline at a specified time, usually calculated after every quarter, six months, or one year. Blackline Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blackline and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Blackline currently owns. An asset can also be divided into two categories, current and non-current.

Blackline Balance Sheet Chart

Blackline Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Blackline uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Blackline's Total Current Assets are quite stable compared to the past year. Short Term Debt is expected to rise to about 266.8 M this year, although the value of Retained Earnings will most likely fall to (225.5 M).

Total Assets

Total assets refers to the total amount of Blackline assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blackline books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Blackline balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackline are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Blackline obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blackline are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Lease Obligations

Blackline capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Blackline asset purchases. For example, Blackline can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Blackline control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Blackline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackline current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.Enterprise Value Multiple is expected to rise to 126.11 this year, although the value of Selling General Administrative will most likely fall to about 56.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit327.8M393.6M442.3M464.4M
Total Revenue425.7M522.9M590.0M619.5M

Blackline fundamental ratios Correlations

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0.950.72-0.80.620.590.890.810.790.860.790.930.810.930.83-0.530.930.30.9-0.680.80.840.910.80.670.94
-0.9-0.89-0.8-0.77-0.83-0.89-0.93-0.79-0.85-0.9-0.87-0.86-0.92-0.330.69-0.86-0.46-0.620.36-0.95-0.93-0.75-0.81-0.93-0.93
0.710.710.62-0.770.410.730.770.750.670.770.730.510.710.2-0.650.70.030.64-0.50.820.770.740.750.680.68
0.750.850.59-0.830.410.720.760.660.670.710.710.710.780.21-0.430.680.470.36-0.20.790.780.530.690.850.76
0.970.890.89-0.890.730.720.870.880.810.760.980.850.960.56-0.460.990.130.8-0.70.880.90.940.90.880.95
0.880.90.81-0.930.770.760.870.890.930.920.850.870.890.41-0.640.850.410.67-0.420.970.990.770.90.910.92
0.870.890.79-0.790.750.660.880.890.820.820.880.710.840.49-0.430.870.030.81-0.720.850.930.861.00.80.85
0.840.740.86-0.850.670.670.810.930.820.890.820.840.850.55-0.740.820.390.7-0.450.890.920.750.820.770.89
0.80.810.79-0.90.770.710.760.920.820.890.770.70.810.4-0.740.760.440.66-0.370.90.920.680.810.750.84
0.990.870.93-0.870.730.710.980.850.880.820.770.810.980.66-0.460.990.150.86-0.740.870.890.970.90.820.96
0.860.760.81-0.860.510.710.850.870.710.840.70.810.860.48-0.540.850.510.62-0.360.850.860.720.740.890.91
1.00.890.93-0.920.710.780.960.890.840.850.810.980.860.62-0.520.970.310.79-0.610.910.920.920.870.860.98
0.650.330.83-0.330.20.210.560.410.490.550.40.660.480.62-0.140.660.080.79-0.690.360.450.710.490.20.62
-0.5-0.37-0.530.69-0.65-0.43-0.46-0.64-0.43-0.74-0.74-0.46-0.54-0.52-0.14-0.45-0.48-0.410.06-0.66-0.6-0.37-0.42-0.52-0.55
0.980.860.93-0.860.70.680.990.850.870.820.760.990.850.970.66-0.450.140.85-0.740.860.890.960.890.830.96
0.260.220.3-0.460.030.470.130.410.030.390.440.150.510.310.08-0.480.14-0.010.480.370.34-0.030.040.370.38
0.830.610.9-0.620.640.360.80.670.810.70.660.860.620.790.79-0.410.85-0.01-0.860.660.710.90.810.530.79
-0.67-0.5-0.680.36-0.5-0.2-0.7-0.42-0.72-0.45-0.37-0.74-0.36-0.61-0.690.06-0.740.48-0.86-0.42-0.5-0.85-0.72-0.35-0.57
0.90.920.8-0.950.820.790.880.970.850.890.90.870.850.910.36-0.660.860.370.66-0.420.970.790.870.920.91
0.910.930.84-0.930.770.780.90.990.930.920.920.890.860.920.45-0.60.890.340.71-0.50.970.810.930.90.93
0.940.780.91-0.750.740.530.940.770.860.750.680.970.720.920.71-0.370.96-0.030.9-0.850.790.810.870.710.89
0.890.910.8-0.810.750.690.90.91.00.820.810.90.740.870.49-0.420.890.040.81-0.720.870.930.870.830.86
0.850.920.67-0.930.680.850.880.910.80.770.750.820.890.860.2-0.520.830.370.53-0.350.920.90.710.830.87
0.980.870.94-0.930.680.760.950.920.850.890.840.960.910.980.62-0.550.960.380.79-0.570.910.930.890.860.87
Click cells to compare fundamentals

Blackline Account Relationship Matchups

Blackline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.8B1.9B2.1B2.2B
Other Current Liab32.1M43.9M67.4M66.6M59.7M37.2M
Total Current Liabilities207.0M242.3M322.6M367.8M642.6M674.7M
Retained Earnings(163.6M)(201.7M)(301.7M)(273.0M)(214.8M)(225.5M)
Accounts Payable7.4M3.2M7.5M15.0M8.6M6.9M
Cash120.2M367.4M539.7M201.0M271.1M165.5M
Net Receivables102.8M111.3M125.1M150.9M171.6M89.4M
Common Stock Shares Outstanding55.3M56.8M58.4M59.5M72.0M58.9M
Other Current Assets12.8M20.2M23.9M23.7M31.2M17.7M
Total Liab611.0M678.9M1.5B1.8B1.8B1.9B
Total Current Assets723.4M674.1M1.3B1.2B1.4B1.5B
Short Term Debt4.9M4.1M5.3M6.9M254.1M266.8M
Common Stock559K577K590K600K615K584.3K
Total Stockholder Equity398.6M422.1M325.0M111.9M260.9M305.4M
Other Liab9.1M22.2M13.0M45.7M52.5M55.2M
Net Tangible Assets184.7M82.5M(24.4M)(431.0M)(387.9M)(368.5M)
Property Plant And Equipment Net25.6M21.9M32.6M34.5M34.0M22.2M
Current Deferred Revenue162.6M191.1M242.4M279.3M320.1M175.9M
Net Debt279.7M51.1M593.9M1.2B1.1B1.2B
Non Current Assets Total291.1M439.4M469.9M694.1M693.4M422.4M
Non Currrent Assets Other52.9M65.4M87.9M92.8M55.5M43.7M
Other Assets51.6M65.4M87.9M92.8M106.7M112.0M
Cash And Short Term Investments607.7M542.6M1.2B1.1B1.2B1.3B
Common Stock Total Equity559K577K590K600K690K577.9K
Liabilities And Stockholders Equity1.0B1.1B1.8B1.9B2.1B1.1B
Non Current Liabilities Total404.0M436.6M1.1B1.4B1.2B1.2B
Other Stockholder Equity561.3M622.8M625.9M385.7M474.9M478.0M
Property Plant And Equipment Gross25.6M21.9M32.6M34.5M78.4M82.3M
Accumulated Other Comprehensive Income377K376K298K(1.5M)205K215.3K
Intangible Assets27.6M62.4M59.7M122.9M116.9M72.9M
Property Plant Equipment25.6M13.2M32.6M34.5M39.7M41.7M
Capital Surpluse561.3M622.8M625.9M385.7M443.6M503.2M
Deferred Long Term Liab49.7M6.6M8.2M5.6M6.4M6.1M
Retained Earnings Total Equity(163.6M)(201.7M)(301.7M)(273.0M)(245.7M)(258.0M)
Short Term Investments487.5M175.2M659.0M874.1M933.4M980.0M

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

  0.84DJCO Daily Journal CorpPairCorr

Moving against Blackline Stock

  0.57EB Eventbrite Class A Financial Report 14th of May 2024 PairCorr
  0.5DV DoubleVerify Holdings Sell-off TrendPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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.