BlackLine Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Invested Capital Average 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 Invested Capital Average accounts. Check also Trending Equities.

Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Invested Capital Average

Accounts Relationship

Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Invested Capital Average

Significance: Very 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 Invested Capital Average

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.
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