Blackline Net Debt vs Net Tangible Assets Analysis
BL Stock | USD 60.37 0.92 1.55% |
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 Debt and its Net Tangible Assets 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 closely tied 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.
Net Debt vs Net Tangible Assets
Net Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Blackline's Net Debt and Net Tangible Assets is -0.85. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Net Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Blackline are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Blackline's Net Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 closely tied 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
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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 |
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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.