Blackline Stock Return On Asset

BL Stock  USD 60.37  0.92  1.55%   
Blackline fundamentals help investors to digest information that contributes to Blackline's financial success or failures. It also enables traders to predict the movement of Blackline Stock. The fundamental analysis module provides a way to measure Blackline's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackline stock.
Return On Assets is expected to rise to 0.03 this year.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Blackline Company Return On Asset Analysis

Blackline's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Blackline Return On Asset

    
  -0.0017  
Most of Blackline's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackline is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Blackline Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Blackline is extremely important. It helps to project a fair market value of Blackline Stock properly, considering its historical fundamentals such as Return On Asset. Since Blackline's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blackline's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blackline's interrelated accounts and indicators.
-0.90.710.970.880.870.990.861.00.65-0.50.26-0.670.910.940.50.960.970.670.070.970.960.930.96
-0.9-0.77-0.89-0.93-0.79-0.87-0.86-0.92-0.330.69-0.460.36-0.93-0.75-0.24-0.89-0.86-0.86-0.3-0.81-0.88-0.91-0.78
0.71-0.770.730.770.750.730.510.710.2-0.650.03-0.50.770.740.440.780.750.460.230.730.730.720.58
0.97-0.890.730.870.880.980.850.960.56-0.460.13-0.70.90.940.540.930.950.60.060.950.950.930.92
0.88-0.930.770.870.890.850.870.890.41-0.640.41-0.420.990.770.390.870.840.780.320.820.920.880.75
0.87-0.790.750.880.890.880.710.840.49-0.430.03-0.720.930.860.750.790.850.47-0.070.830.930.830.8
0.99-0.870.730.980.850.880.810.980.66-0.460.15-0.740.890.970.580.950.970.580.00.980.960.920.96
0.86-0.860.510.850.870.710.810.860.48-0.540.51-0.360.860.720.180.840.780.790.390.790.810.810.78
1.0-0.920.710.960.890.840.980.860.62-0.520.31-0.610.920.920.440.960.960.710.120.960.960.950.94
0.65-0.330.20.560.410.490.660.480.62-0.140.08-0.690.450.710.450.640.710.19-0.140.70.520.380.79
-0.50.69-0.65-0.46-0.64-0.43-0.46-0.54-0.52-0.14-0.480.06-0.6-0.370.07-0.6-0.51-0.65-0.41-0.42-0.45-0.45-0.41
0.26-0.460.030.130.410.030.150.510.310.08-0.480.480.34-0.03-0.560.290.180.850.620.120.180.250.19
-0.670.36-0.5-0.7-0.42-0.72-0.74-0.36-0.61-0.690.060.48-0.5-0.85-0.89-0.6-0.730.080.47-0.74-0.64-0.51-0.75
0.91-0.930.770.90.990.930.890.860.920.45-0.60.34-0.50.810.460.890.880.740.240.850.950.910.79
0.94-0.750.740.940.770.860.970.720.920.71-0.37-0.03-0.850.810.670.920.950.41-0.050.980.90.840.94
0.5-0.240.440.540.390.750.580.180.440.450.07-0.56-0.890.460.670.380.53-0.19-0.590.550.580.440.54
0.96-0.890.780.930.870.790.950.840.960.64-0.60.29-0.60.890.920.380.960.670.230.960.90.880.91
0.97-0.860.750.950.840.850.970.780.960.71-0.510.18-0.730.880.950.530.960.590.050.960.90.850.95
0.67-0.860.460.60.780.470.580.790.710.19-0.650.850.080.740.41-0.190.670.590.530.530.620.690.55
0.07-0.30.230.060.32-0.070.00.390.12-0.14-0.410.620.470.24-0.05-0.590.230.050.530.080.040.11-0.07
0.97-0.810.730.950.820.830.980.790.960.7-0.420.12-0.740.850.980.550.960.960.530.080.930.890.94
0.96-0.880.730.950.920.930.960.810.960.52-0.450.18-0.640.950.90.580.90.90.620.040.930.970.86
0.93-0.910.720.930.880.830.920.810.950.38-0.450.25-0.510.910.840.440.880.850.690.110.890.970.81
0.96-0.780.580.920.750.80.960.780.940.79-0.410.19-0.750.790.940.540.910.950.55-0.070.940.860.81
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Blackline Total Assets

Total Assets

2.21 Billion

At this time, Blackline's Total Assets are quite stable compared to the past year.
Based on the latest financial disclosure, Blackline has a Return On Asset of -0.0017. This is 99.94% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 98.79% lower than that of the firm.

Blackline Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackline's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blackline could also be used in its relative valuation, which is a method of valuing Blackline by comparing valuation metrics of similar companies.
Blackline is currently under evaluation in return on asset category among its peers.

Blackline ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Blackline's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Blackline's managers, analysts, and investors.
Environmental
Governance
Social

Blackline Fundamentals

About Blackline Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blackline's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackline based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Blackline Piotroski F Score and Blackline Altman Z Score 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application Software space 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
0.453
Earnings Share
1.76
Revenue Per Share
10.347
Quarterly Revenue Growth
0.101
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.