BlackLine Enterprise Value vs Average Equity Analysis

BL -- USA Stock  

USD 50.63  0.79  1.59%

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 Enterprise Value and its Average Equity accounts. Check also Trending Equities.

Enterprise Value vs Average Equity

Accounts Relationship

Enterprise Value vs Average Equity

Significance: Fragmental Relationship

Enterprise Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Enterprise Value account and Average Equity

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Enterprise Value

Enterprise Value (or EV) is usually referred to as BlackLine theoretical takeover price. In the event of an acquisition, an acquirer would have to take on BlackLine debt, but would also pocket its cash. Enterprise Value is more accurate representation of BlackLine value than its market capitalization because it takes into account all of BlackLine existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

Average Equity

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