Blackline Balance Sheet Analysis From 2010 to 2024

BL Stock  USD 65.22  1.59  2.50%   
Most indicators from Blackline's financial ratios are interrelated and interconnected. However, analyzing financial 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 financial 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 Blackline Valuation and Blackline Correlation 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.
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 Blackline Valuation and Blackline Correlation 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

0.880.95-0.90.710.750.970.880.870.840.80.990.861.00.65-0.50.980.260.83-0.670.90.910.940.890.850.98
0.880.72-0.890.710.850.890.90.890.740.810.870.760.890.33-0.370.860.220.61-0.50.920.930.780.910.920.87
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
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
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
Other Liab9.1M22.2M13.0M45.7M52.5M55.2M
Net Tangible Assets184.7M82.5M(24.4M)(431.0M)(387.9M)(368.5M)
Net Debt279.7M51.1M593.9M1.2B1.1B1.2B
Other Assets51.6M65.4M87.9M92.8M106.7M112.0M
Intangible Assets27.6M62.4M59.7M122.9M116.9M72.9M
Capital Surpluse561.3M622.8M625.9M385.7M443.6M503.2M

Blackline Investors Sentiment

The influence of Blackline's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Blackline. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Blackline's public news can be used to forecast risks associated with an investment in Blackline. The trend in average sentiment can be used to explain how an investor holding Blackline can time the market purely based on public headlines and social activities around Blackline. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Blackline's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Blackline's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Blackline's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Blackline.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackline in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackline's short interest history, or implied volatility extrapolated from Blackline options trading.

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 Blackline Valuation and Blackline Correlation 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.