Blackline Days Payables Outstanding vs Capex To Revenue Analysis
BL Stock | USD 60.91 1.22 2.04% |
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 Days Payables Outstanding and its Capex To Revenue accounts. 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.
Days Payables Outstanding vs Capex To Revenue
Days Payables Outstanding vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Days Payables Outstanding account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blackline's Days Payables Outstanding and Capex To Revenue is -0.25. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Days Payables Outstanding and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Blackline are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Days Payables Outstanding i.e., Blackline's Days Payables Outstanding and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Payables Outstanding
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.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.At this time, Blackline's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 110.48 this year, although the value of Tax Provision will most likely fall to (1.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 327.8M | 393.6M | 442.3M | 464.4M | Total Revenue | 425.7M | 522.9M | 590.0M | 619.5M |
Blackline fundamental ratios Correlations
Click cells to compare fundamentals
Blackline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackline fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.1B | 1.8B | 1.9B | 2.1B | 2.2B | |
Other Current Liab | 32.1M | 43.9M | 67.4M | 66.6M | 59.7M | 37.2M | |
Total Current Liabilities | 207.0M | 242.3M | 322.6M | 367.8M | 642.6M | 674.7M | |
Retained Earnings | (163.6M) | (201.7M) | (301.7M) | (273.0M) | (214.8M) | (225.5M) | |
Accounts Payable | 7.4M | 3.2M | 7.5M | 15.0M | 8.6M | 6.9M | |
Cash | 120.2M | 367.4M | 539.7M | 201.0M | 271.1M | 165.5M | |
Net Receivables | 102.8M | 111.3M | 125.1M | 150.9M | 171.6M | 89.4M | |
Common Stock Shares Outstanding | 55.3M | 56.8M | 58.4M | 59.5M | 72.0M | 58.9M | |
Other Current Assets | 12.8M | 20.2M | 23.9M | 23.7M | 31.2M | 17.7M | |
Total Liab | 611.0M | 678.9M | 1.5B | 1.8B | 1.8B | 1.9B | |
Total Current Assets | 723.4M | 674.1M | 1.3B | 1.2B | 1.4B | 1.5B | |
Short Term Debt | 4.9M | 4.1M | 5.3M | 6.9M | 254.1M | 266.8M | |
Common Stock | 559K | 577K | 590K | 600K | 615K | 584.3K | |
Total Stockholder Equity | 398.6M | 422.1M | 325.0M | 111.9M | 260.9M | 305.4M | |
Other Liab | 9.1M | 22.2M | 13.0M | 45.7M | 52.5M | 55.2M | |
Net Tangible Assets | 184.7M | 82.5M | (24.4M) | (431.0M) | (387.9M) | (368.5M) | |
Property Plant And Equipment Net | 25.6M | 21.9M | 32.6M | 34.5M | 34.0M | 22.2M | |
Current Deferred Revenue | 162.6M | 191.1M | 242.4M | 279.3M | 320.1M | 175.9M | |
Net Debt | 279.7M | 51.1M | 593.9M | 1.2B | 1.1B | 1.2B | |
Non Current Assets Total | 291.1M | 439.4M | 469.9M | 694.1M | 693.4M | 422.4M | |
Non Currrent Assets Other | 52.9M | 65.4M | 87.9M | 92.8M | 55.5M | 43.7M | |
Other Assets | 51.6M | 65.4M | 87.9M | 92.8M | 106.7M | 112.0M | |
Cash And Short Term Investments | 607.7M | 542.6M | 1.2B | 1.1B | 1.2B | 1.3B | |
Common Stock Total Equity | 559K | 577K | 590K | 600K | 690K | 577.9K | |
Liabilities And Stockholders Equity | 1.0B | 1.1B | 1.8B | 1.9B | 2.1B | 1.1B | |
Non Current Liabilities Total | 404.0M | 436.6M | 1.1B | 1.4B | 1.2B | 1.2B | |
Other Stockholder Equity | 561.3M | 622.8M | 625.9M | 385.7M | 474.9M | 478.0M | |
Property Plant And Equipment Gross | 25.6M | 21.9M | 32.6M | 34.5M | 78.4M | 82.3M | |
Accumulated Other Comprehensive Income | 377K | 376K | 298K | (1.5M) | 205K | 215.3K | |
Intangible Assets | 27.6M | 62.4M | 59.7M | 122.9M | 116.9M | 72.9M | |
Property Plant Equipment | 25.6M | 13.2M | 32.6M | 34.5M | 39.7M | 41.7M | |
Capital Surpluse | 561.3M | 622.8M | 625.9M | 385.7M | 443.6M | 503.2M | |
Deferred Long Term Liab | 49.7M | 6.6M | 8.2M | 5.6M | 6.4M | 6.1M | |
Retained Earnings Total Equity | (163.6M) | (201.7M) | (301.7M) | (273.0M) | (245.7M) | (258.0M) | |
Short Term Investments | 487.5M | 175.2M | 659.0M | 874.1M | 933.4M | 980.0M |
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
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Moving against Blackline Stock
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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.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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Blackline Stock analysis
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.