Blackline Enterprise Value vs Working Capital Analysis

BL Stock

USD 60.84 2.70 4.25%

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 Working Capital 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 tightly coupled 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.

Enterprise Value vs Working Capital

Enterprise Value vs Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Enterprise Value account and Working Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Blackline's Enterprise Value and Working Capital is 0.0. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Working Capital in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Enterprise Value and Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Blackline are associated (or correlated) with its Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Working Capital has no effect on the direction of Enterprise Value i.e., Blackline's Enterprise Value and Working Capital go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

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. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Working Capital

The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.

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 tightly coupled 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 110.48 this year, although the value of Tax Provision will most likely fall to (1.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	327.8M	393.6M	442.3M	464.4M
Total Revenue	425.7M	522.9M	590.0M	619.5M

Gross Profit Total Revenue

Blackline fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets
Total Assets		0.88	0.95	-0.9	0.71	0.75	0.97	0.88	0.87	0.84	0.8	0.99	0.86	1.0	0.65	-0.5	0.98	0.26	0.83	-0.67	0.9	0.91	0.94	0.89	0.85	0.98
Other Current Liab	0.88		0.72	-0.89	0.71	0.85	0.89	0.9	0.89	0.74	0.81	0.87	0.76	0.89	0.33	-0.37	0.86	0.22	0.61	-0.5	0.92	0.93	0.78	0.91	0.92	0.87
Total Current Liabilities	0.95	0.72		-0.8	0.62	0.59	0.89	0.81	0.79	0.86	0.79	0.93	0.81	0.93	0.83	-0.53	0.93	0.3	0.9	-0.68	0.8	0.84	0.91	0.8	0.67	0.94
Retained Earnings	-0.9	-0.89	-0.8		-0.77	-0.83	-0.89	-0.93	-0.79	-0.85	-0.9	-0.87	-0.86	-0.92	-0.33	0.69	-0.86	-0.46	-0.62	0.36	-0.95	-0.93	-0.75	-0.81	-0.93	-0.93
Accounts Payable	0.71	0.71	0.62	-0.77		0.41	0.73	0.77	0.75	0.67	0.77	0.73	0.51	0.71	0.2	-0.65	0.7	0.03	0.64	-0.5	0.82	0.77	0.74	0.75	0.68	0.68
Cash	0.75	0.85	0.59	-0.83	0.41		0.72	0.76	0.66	0.67	0.71	0.71	0.71	0.78	0.21	-0.43	0.68	0.47	0.36	-0.2	0.79	0.78	0.53	0.69	0.85	0.76
Long Term Debt	0.97	0.89	0.89	-0.89	0.73	0.72		0.87	0.88	0.81	0.76	0.98	0.85	0.96	0.56	-0.46	0.99	0.13	0.8	-0.7	0.88	0.9	0.94	0.9	0.88	0.95
Net Receivables	0.88	0.9	0.81	-0.93	0.77	0.76	0.87		0.89	0.93	0.92	0.85	0.87	0.89	0.41	-0.64	0.85	0.41	0.67	-0.42	0.97	0.99	0.77	0.9	0.91	0.92
Good Will	0.87	0.89	0.79	-0.79	0.75	0.66	0.88	0.89		0.82	0.82	0.88	0.71	0.84	0.49	-0.43	0.87	0.03	0.81	-0.72	0.85	0.93	0.86	1.0	0.8	0.85
Common Stock Shares Outstanding	0.84	0.74	0.86	-0.85	0.67	0.67	0.81	0.93	0.82		0.89	0.82	0.84	0.85	0.55	-0.74	0.82	0.39	0.7	-0.45	0.89	0.92	0.75	0.82	0.77	0.89
Other Current Assets	0.8	0.81	0.79	-0.9	0.77	0.71	0.76	0.92	0.82	0.89		0.77	0.7	0.81	0.4	-0.74	0.76	0.44	0.66	-0.37	0.9	0.92	0.68	0.81	0.75	0.84
Total Liab	0.99	0.87	0.93	-0.87	0.73	0.71	0.98	0.85	0.88	0.82	0.77		0.81	0.98	0.66	-0.46	0.99	0.15	0.86	-0.74	0.87	0.89	0.97	0.9	0.82	0.96
Short Long Term Debt	0.86	0.76	0.81	-0.86	0.51	0.71	0.85	0.87	0.71	0.84	0.7	0.81		0.86	0.48	-0.54	0.85	0.51	0.62	-0.36	0.85	0.86	0.72	0.74	0.89	0.91
Total Current Assets	1.0	0.89	0.93	-0.92	0.71	0.78	0.96	0.89	0.84	0.85	0.81	0.98	0.86		0.62	-0.52	0.97	0.31	0.79	-0.61	0.91	0.92	0.92	0.87	0.86	0.98
Short Term Debt	0.65	0.33	0.83	-0.33	0.2	0.21	0.56	0.41	0.49	0.55	0.4	0.66	0.48	0.62		-0.14	0.66	0.08	0.79	-0.69	0.36	0.45	0.71	0.49	0.2	0.62
Common Stock	-0.5	-0.37	-0.53	0.69	-0.65	-0.43	-0.46	-0.64	-0.43	-0.74	-0.74	-0.46	-0.54	-0.52	-0.14		-0.45	-0.48	-0.41	0.06	-0.66	-0.6	-0.37	-0.42	-0.52	-0.55
Short Long Term Debt Total	0.98	0.86	0.93	-0.86	0.7	0.68	0.99	0.85	0.87	0.82	0.76	0.99	0.85	0.97	0.66	-0.45		0.14	0.85	-0.74	0.86	0.89	0.96	0.89	0.83	0.96
Total Stockholder Equity	0.26	0.22	0.3	-0.46	0.03	0.47	0.13	0.41	0.03	0.39	0.44	0.15	0.51	0.31	0.08	-0.48	0.14		-0.01	0.48	0.37	0.34	-0.03	0.04	0.37	0.38
Other Liab	0.83	0.61	0.9	-0.62	0.64	0.36	0.8	0.67	0.81	0.7	0.66	0.86	0.62	0.79	0.79	-0.41	0.85	-0.01		-0.86	0.66	0.71	0.9	0.81	0.53	0.79
Net Tangible Assets	-0.67	-0.5	-0.68	0.36	-0.5	-0.2	-0.7	-0.42	-0.72	-0.45	-0.37	-0.74	-0.36	-0.61	-0.69	0.06	-0.74	0.48	-0.86		-0.42	-0.5	-0.85	-0.72	-0.35	-0.57
Property Plant And Equipment Net	0.9	0.92	0.8	-0.95	0.82	0.79	0.88	0.97	0.85	0.89	0.9	0.87	0.85	0.91	0.36	-0.66	0.86	0.37	0.66	-0.42		0.97	0.79	0.87	0.92	0.91
Current Deferred Revenue	0.91	0.93	0.84	-0.93	0.77	0.78	0.9	0.99	0.93	0.92	0.92	0.89	0.86	0.92	0.45	-0.6	0.89	0.34	0.71	-0.5	0.97		0.81	0.93	0.9	0.93
Net Debt	0.94	0.78	0.91	-0.75	0.74	0.53	0.94	0.77	0.86	0.75	0.68	0.97	0.72	0.92	0.71	-0.37	0.96	-0.03	0.9	-0.85	0.79	0.81		0.87	0.71	0.89
Non Current Assets Total	0.89	0.91	0.8	-0.81	0.75	0.69	0.9	0.9	1.0	0.82	0.81	0.9	0.74	0.87	0.49	-0.42	0.89	0.04	0.81	-0.72	0.87	0.93	0.87		0.83	0.86
Non Currrent Assets Other	0.85	0.92	0.67	-0.93	0.68	0.85	0.88	0.91	0.8	0.77	0.75	0.82	0.89	0.86	0.2	-0.52	0.83	0.37	0.53	-0.35	0.92	0.9	0.71	0.83		0.87
Other Assets	0.98	0.87	0.94	-0.93	0.68	0.76	0.95	0.92	0.85	0.89	0.84	0.96	0.91	0.98	0.62	-0.55	0.96	0.38	0.79	-0.57	0.91	0.93	0.89	0.86	0.87

Click cells to compare fundamentals

Blackline Account Relationship Matchups

Blackline fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.1B	1.8B	1.9B	2.1B	2.2B
Other Current Liab	32.1M	43.9M	67.4M	66.6M	59.7M	37.2M
Total Current Liabilities	207.0M	242.3M	322.6M	367.8M	642.6M	674.7M
Retained Earnings	(163.6M)	(201.7M)	(301.7M)	(273.0M)	(214.8M)	(225.5M)
Accounts Payable	7.4M	3.2M	7.5M	15.0M	8.6M	6.9M
Cash	120.2M	367.4M	539.7M	201.0M	271.1M	165.5M
Net Receivables	102.8M	111.3M	125.1M	150.9M	171.6M	89.4M
Common Stock Shares Outstanding	55.3M	56.8M	58.4M	59.5M	72.0M	58.9M
Other Current Assets	12.8M	20.2M	23.9M	23.7M	31.2M	17.7M
Total Liab	611.0M	678.9M	1.5B	1.8B	1.8B	1.9B
Total Current Assets	723.4M	674.1M	1.3B	1.2B	1.4B	1.5B
Short Term Debt	4.9M	4.1M	5.3M	6.9M	254.1M	266.8M
Common Stock	559K	577K	590K	600K	615K	584.3K
Total Stockholder Equity	398.6M	422.1M	325.0M	111.9M	260.9M	305.4M
Other Liab	9.1M	22.2M	13.0M	45.7M	52.5M	55.2M
Net Tangible Assets	184.7M	82.5M	(24.4M)	(431.0M)	(387.9M)	(368.5M)
Property Plant And Equipment Net	25.6M	21.9M	32.6M	34.5M	34.0M	22.2M
Current Deferred Revenue	162.6M	191.1M	242.4M	279.3M	320.1M	175.9M
Net Debt	279.7M	51.1M	593.9M	1.2B	1.1B	1.2B
Non Current Assets Total	291.1M	439.4M	469.9M	694.1M	693.4M	422.4M
Non Currrent Assets Other	52.9M	65.4M	87.9M	92.8M	55.5M	43.7M
Other Assets	51.6M	65.4M	87.9M	92.8M	106.7M	112.0M
Cash And Short Term Investments	607.7M	542.6M	1.2B	1.1B	1.2B	1.3B
Common Stock Total Equity	559K	577K	590K	600K	690K	577.9K
Liabilities And Stockholders Equity	1.0B	1.1B	1.8B	1.9B	2.1B	1.1B
Non Current Liabilities Total	404.0M	436.6M	1.1B	1.4B	1.2B	1.2B
Other Stockholder Equity	561.3M	622.8M	625.9M	385.7M	474.9M	478.0M
Property Plant And Equipment Gross	25.6M	21.9M	32.6M	34.5M	78.4M	82.3M
Accumulated Other Comprehensive Income	377K	376K	298K	(1.5M)	205K	215.3K
Intangible Assets	27.6M	62.4M	59.7M	122.9M	116.9M	72.9M
Property Plant Equipment	25.6M	13.2M	32.6M	34.5M	39.7M	41.7M
Capital Surpluse	561.3M	622.8M	625.9M	385.7M	443.6M	503.2M
Deferred Long Term Liab	49.7M	6.6M	8.2M	5.6M	6.4M	6.1M
Retained Earnings Total Equity	(163.6M)	(201.7M)	(301.7M)	(273.0M)	(245.7M)	(258.0M)
Short Term Investments	487.5M	175.2M	659.0M	874.1M	933.4M	980.0M

Pair Trading with Blackline

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackline will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blackline Stock

0.86

DJCO

Daily Journal Corp

Pair Corr

Moving against Blackline Stock

0.7	EB	Eventbrite Class A Financial Report 14th of May 2024	Pair Corr
0.7	VCSA	Vacasa Inc Financial Report 14th of May 2024	Pair Corr
0.69	U	Unity Software Financial Report 8th of May 2024	Pair Corr
0.67	DV	DoubleVerify Holdings Financial Report 8th of May 2024	Pair Corr
0.53	DMAN	Innovativ Media Group	Pair Corr

The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackline to buy it.

The correlation of Blackline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Blackline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:

How To Invest In Blackline

Details

Is Blackline Stock a good investment?

Details

What is Blackline's Net Worth?

Details

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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 tightly coupled 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Blackline Stock analysis

When running Blackline's price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.

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Is Blackline's industry 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

1.05

Earnings Share

0.81

Revenue Per Share

9.696

Quarterly Revenue Growth

0.113

Return On Assets

(0)

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.

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Blackline Enterprise Value vs Working Capital Analysis

Enterprise Value vs Working Capital

Enterprise Value vs Working Capital Correlation Analysis

Correlation Coefficient

Enterprise Value

Working Capital

Blackline fundamental ratios Correlations

Blackline Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Blackline fundamental ratios Accounts

Pair Trading with Blackline

Moving together with Blackline Stock

Moving against Blackline Stock

Complementary Tools for Blackline Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Good Will
Total Liab	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Long Term Debt
Current Deferred Revenue	+ 0.99	Net Receivables
Short Long Term Debt Total	+ 0.99	Total Liab

Property Plant And Equipment Net	- 0.95	Retained Earnings
Other Assets	- 0.93	Retained Earnings
Non Currrent Assets Other	- 0.93	Retained Earnings
Current Deferred Revenue	- 0.93	Retained Earnings
Net Receivables	- 0.93	Retained Earnings
Total Current Assets	- 0.92	Retained Earnings