Blackline Accounts Payable vs Non Currrent Assets Other Analysis

BL Stock  USD 62.77  0.07  0.11%   
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 Accounts Payable and its Non Currrent Assets Other 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.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blackline's Accounts Payable and Non Currrent Assets Other is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Blackline are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Blackline's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Blackline obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blackline are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 44.51 this year, although the value of Tax Provision will most likely fall to (1.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit327.8M393.6M442.3M464.4M
Total Revenue425.7M522.9M590.0M619.5M

Blackline fundamental ratios Correlations

0.870.95-0.90.710.750.970.880.870.840.780.990.861.00.67-0.50.980.260.83-0.670.90.910.940.890.90.98
0.870.74-0.880.70.820.870.90.860.740.840.860.770.880.38-0.350.850.270.6-0.470.920.930.770.880.930.86
0.950.74-0.80.620.590.890.810.790.860.680.930.810.930.84-0.530.930.30.9-0.680.80.840.910.80.780.94
-0.9-0.88-0.8-0.77-0.83-0.89-0.93-0.79-0.85-0.9-0.87-0.86-0.92-0.350.69-0.86-0.46-0.620.36-0.95-0.93-0.75-0.81-0.92-0.93
0.710.70.62-0.770.410.730.770.750.670.660.730.510.710.22-0.650.70.030.64-0.50.820.770.740.750.680.68
0.750.820.59-0.830.410.720.760.660.670.870.710.710.780.23-0.430.680.470.36-0.20.790.780.530.690.840.76
0.970.870.89-0.890.730.720.870.880.810.760.980.850.960.58-0.460.990.130.8-0.70.880.90.940.90.910.95
0.880.90.81-0.930.770.760.870.890.930.830.850.870.890.42-0.640.850.410.67-0.420.970.990.770.90.960.92
0.870.860.79-0.790.750.660.880.890.820.690.880.710.840.51-0.430.870.030.81-0.720.850.930.861.00.890.85
0.840.740.86-0.850.670.670.810.930.820.770.820.840.850.56-0.740.820.390.7-0.450.890.920.750.820.870.89
0.780.840.68-0.90.660.870.760.830.690.770.740.660.810.29-0.630.730.430.46-0.260.860.850.610.710.810.79
0.990.860.93-0.870.730.710.980.850.880.820.740.810.980.68-0.460.990.150.86-0.740.870.890.970.90.880.96
0.860.770.81-0.860.510.710.850.870.710.840.660.810.860.5-0.540.850.510.62-0.360.850.860.720.740.910.91
1.00.880.93-0.920.710.780.960.890.840.850.810.980.860.64-0.520.970.310.79-0.610.910.920.920.870.910.98
0.670.380.84-0.350.220.230.580.420.510.560.290.680.50.64-0.150.680.080.81-0.70.380.470.730.510.390.64
-0.5-0.35-0.530.69-0.65-0.43-0.46-0.64-0.43-0.74-0.63-0.46-0.54-0.52-0.15-0.45-0.48-0.410.06-0.66-0.6-0.37-0.42-0.52-0.55
0.980.850.93-0.860.70.680.990.850.870.820.730.990.850.970.68-0.450.140.85-0.740.860.890.960.890.880.96
0.260.270.3-0.460.030.470.130.410.030.390.430.150.510.310.08-0.480.14-0.010.480.370.34-0.030.040.340.38
0.830.60.9-0.620.640.360.80.670.810.70.460.860.620.790.81-0.410.85-0.01-0.860.660.710.90.810.630.79
-0.67-0.47-0.680.36-0.5-0.2-0.7-0.42-0.72-0.45-0.26-0.74-0.36-0.61-0.70.06-0.740.48-0.86-0.42-0.5-0.85-0.72-0.45-0.57
0.90.920.8-0.950.820.790.880.970.850.890.860.870.850.910.38-0.660.860.370.66-0.420.970.790.870.950.91
0.910.930.84-0.930.770.780.90.990.930.920.850.890.860.920.47-0.60.890.340.71-0.50.970.810.930.970.93
0.940.770.91-0.750.740.530.940.770.860.750.610.970.720.920.73-0.370.96-0.030.9-0.850.790.810.870.780.89
0.890.880.8-0.810.750.690.90.91.00.820.710.90.740.870.51-0.420.890.040.81-0.720.870.930.870.910.86
0.90.930.78-0.920.680.840.910.960.890.870.810.880.910.910.39-0.520.880.340.63-0.450.950.970.780.910.92
0.980.860.94-0.930.680.760.950.920.850.890.790.960.910.980.64-0.550.960.380.79-0.570.910.930.890.860.92
Click cells to compare fundamentals

Blackline Account Relationship Matchups

Blackline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.8B1.9B2.1B2.2B
Other Current Liab32.1M34.3M52.3M50.3M50.3M32.2M
Total Current Liabilities207.0M242.3M322.6M367.8M642.6M674.7M
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
Common Stock Shares Outstanding55.3M56.8M58.4M59.5M72.0M58.9M
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
Total Stockholder Equity398.6M422.1M325.0M111.9M260.9M305.4M
Other Liab9.1M22.2M13.0M45.7M52.5M55.2M
Net Tangible Assets184.7M82.5M(24.4M)(431.0M)(387.9M)(368.5M)
Property Plant And Equipment Net25.6M21.9M32.6M34.5M34.0M22.2M
Current Deferred Revenue162.6M191.1M242.4M279.3M320.1M175.9M
Net Debt279.7M51.1M593.9M1.2B1.1B1.2B
Non Current Assets Total291.1M439.4M469.9M694.1M693.4M422.4M
Non Currrent Assets Other52.9M65.4M87.9M92.8M93.6M47.9M
Other Assets51.6M65.4M87.9M92.8M106.7M112.0M
Cash And Short Term Investments607.7M542.6M1.2B1.1B1.2B1.3B
Common Stock Total Equity559K577K590K600K690K577.9K
Liabilities And Stockholders Equity1.0B1.1B1.8B1.9B2.1B1.1B
Non Current Liabilities Total404.0M436.6M1.1B1.4B1.2B1.2B
Other Stockholder Equity561.3M622.8M625.9M385.7M474.9M478.0M
Property Plant And Equipment Gross25.6M21.9M32.6M34.5M78.4M82.3M
Accumulated Other Comprehensive Income377K376K298K(1.5M)205K215.3K
Intangible Assets27.6M62.4M59.7M122.9M116.9M72.9M
Property Plant Equipment25.6M13.2M32.6M34.5M39.7M41.7M
Capital Surpluse561.3M622.8M625.9M385.7M443.6M503.2M
Deferred Long Term Liab49.7M6.6M8.2M5.6M6.4M6.1M
Retained Earnings Total Equity(163.6M)(201.7M)(301.7M)(273.0M)(245.7M)(258.0M)
Short Term Investments487.5M175.2M659.0M874.1M933.4M980.0M

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.