Blackline Financials

BL Stock  USD 62.70  1.01  1.64%   
Based on the measurements of operating efficiency obtained from Blackline's historical financial statements, Blackline is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, Blackline's Total Current Assets are quite stable compared to the past year. Short Term Debt is expected to rise to about 266.8 M this year, although the value of Retained Earnings will most likely fall to (225.5 M). Key indicators impacting Blackline's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio5.595.3275
Sufficiently Up
Slightly volatile
Current Ratio1.692.1902
Significantly Down
Slightly volatile
Investors should never underestimate Blackline's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Blackline's cash flow, debt, and profitability to make informed and accurate decisions about investing in Blackline.

Net Income

55.47 Million

  
Understanding current and past Blackline Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Blackline's financial statements are interrelated, with each one affecting the others. For example, an increase in Blackline's assets may result in an increase in income on the income statement.

Blackline Earnings Geography

Blackline Stock Summary

Blackline competes with OLB. BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1915 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS09239B1098
CUSIP09239B109
LocationCalifornia; U.S.A
Business Address21300 Victory Boulevard,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.blackline.com
Phone818 223 9008
CurrencyUSD - US Dollar

Blackline Key Financial Ratios

Blackline Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.8B1.9B2.1B2.2B
Other Current Liab32.1M34.3M52.3M50.3M50.3M32.2M
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 Assets12.8M20.0M47.7M23.7M31.2M20.1M
Total Liab611.0M678.9M1.5B1.8B1.8B1.9B
Total Current Assets723.4M674.1M1.3B1.2B1.4B1.5B
Short Term Debt4.9M8.3M10.6M13.9M254.1M266.8M
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 Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense8.7M23.3M62.9M5.9M5.9M11.3M
Total Revenue289.0M351.7M425.7M522.9M590.0M619.5M
Gross Profit230.0M282.8M327.8M393.6M442.3M464.4M
Operating Income(27.9M)(15.4M)(38.6M)(37.7M)14.3M15.1M
Ebit(27.9M)(15.4M)(44.9M)(41.6M)66.4M69.7M
Cost Of Revenue59.0M69.0M97.9M129.4M147.7M155.1M
Net Income(32.1M)(39.4M)(101.0M)(33.9M)52.8M55.5M
Income Tax Expense1.7M702K135K(13.5M)1.5M1.5M
Research Development43.0M56.5M77.3M108.9M103.2M54.2M
Ebitda(497K)5.5M(13.3M)1.3M116.5M122.3M
Income Before Tax(30.4M)(38.7M)(100.9M)(47.4M)60.5M63.5M
Tax Provision1.7M702K135K(13.5M)(1.1M)(1.2M)
Interest Income6.1M4.5M700K14.6M45.3M47.5M
Minority Interest4.9M(1.3M)(14.2M)4.5M(3.2M)(3.1M)
Net Interest Income(2.5M)(18.8M)(62.2M)8.8M39.4M41.3M

Blackline Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash74.0M247.4M172.1M(338.8M)70.2M73.7M
Free Cash Flow20.0M35.3M56.8M25.8M99.0M104.0M
Depreciation21.3M20.9M27.1M42.8M50.1M25.3M
Other Non Cash Items11.5M27.3M64.3M(28.1M)(52.8M)(50.1M)
Capital Expenditures9.7M19.4M23.3M30.2M27.6M15.2M
Net Income(32.1M)(39.4M)(101.0M)(33.9M)52.8M55.5M
End Period Cash Flow120.5M367.9M540.0M201.2M271.4M165.9M
Change To Inventory(5.6M)(14.9M)(19.7M)(16.7M)(15.1M)(14.3M)
Investments(398.8M)312.4M(483.7M)(395.6M)(75.4M)(79.2M)
Net Borrowings(443K)487.2M696.5M(619K)(711.9K)(676.3K)
Change To Netincome34.3M49.8M88.0M44.7M51.4M29.9M
Change Receivables(28.0M)(5.7M)(14.3M)(23.0M)(20.7M)(21.8M)

Blackline Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Blackline's current stock value. Our valuation model uses many indicators to compare Blackline value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackline competition to find correlations between indicators driving Blackline's intrinsic value. More Info.
Blackline is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.02  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Blackline is roughly  42.21 . At this time, Blackline's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackline by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Blackline Systematic Risk

Blackline's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackline volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Blackline correlated with the market. If Beta is less than 0 Blackline generally moves in the opposite direction as compared to the market. If Blackline Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackline is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackline is generally in the same direction as the market. If Beta > 1 Blackline moves generally in the same direction as, but more than the movement of the benchmark.

Blackline Thematic Clasifications

Blackline is part of Business Services investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Business Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Business ServicesView
This theme covers USA Equities from Business Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Blackline Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Blackline's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Blackline growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.3)

At this time, Blackline's Price Earnings To Growth Ratio is quite stable compared to the past year.

Blackline November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Blackline help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackline. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackline based on widely used predictive technical indicators. In general, we focus on analyzing Blackline Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackline's daily price indicators and compare them against related drivers.
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.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.