BlackLine Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Average Assets Analysis

BL -- USA Stock  

Quarterly Earning Report: November 6, 2019  

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 Earnings Before Interest Taxes and Depreciation Amortization EBITDA and its Average Assets accounts. Check also Trending Equities.

Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Average Assets

Accounts Relationship

Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Average Assets

Significance: Strong Relationship

Earnings Before Interest Taxes and Depreciation Amortization EBITDA diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Earnings Before Interest Taxes and Depreciation Amortization EBITDA account and Average Assets

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Earnings Before Interest Taxes and Depreciation Amortization EBITDA

EBITDA is a non-GAAP accounting metric that is widely used when assessing the performance of companies; calculated by adding [DepAmor] back to Earning Before Interest and Taxes EBIT.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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