Blackline Return On Assets from 2010 to 2024

BL Stock  USD 62.77  0.07  0.11%   
Blackline Return On Assets yearly trend continues to be quite stable with very little volatility. Return On Assets may rise above 0.03 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Blackline earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.02514941
Current Value
0.0264
Quarterly Volatility
0.03591071
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blackline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackline's main balance sheet or income statement drivers, such as Interest Expense of 11.3 M, Total Revenue of 619.5 M or Gross Profit of 464.4 M, as well as many indicators such as Price To Sales Ratio of 6.12, Dividend Yield of 0.0 or PTB Ratio of 9.25. Blackline financial statements analysis is a perfect complement when working with Blackline Valuation or Volatility modules.
  
Check out the analysis of Blackline Correlation against competitors.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.

Latest Blackline's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Blackline over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Blackline's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blackline's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Blackline Return On Assets Regression Statistics

Arithmetic Mean(0.05)
Coefficient Of Variation(75.83)
Mean Deviation0.03
Median(0.06)
Standard Deviation0.04
Sample Variance0
Range0.1195
R-Value0.70
Mean Square Error0.0007
R-Squared0.49
Significance0
Slope0.01
Total Sum of Squares0.02

Blackline Return On Assets History

2024 0.0264
2023 0.0251
2022 -0.0174
2021 -0.0556
2020 -0.0354
2019 -0.0317
2018 -0.0563

About Blackline Financial Statements

Blackline investors utilize fundamental indicators, such as Return On Assets, to predict how Blackline Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.03 

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Check out the analysis of Blackline Correlation against competitors.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
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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
0.429
Earnings Share
0.98
Revenue Per Share
10.347
Quarterly Revenue Growth
0.101
Return On Assets
0.0095
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.