BlackLine Free Cash Flow vs Tangible Asset Value 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 Free Cash Flow and its Tangible Asset Value accounts. Check also Trending Equities.

Free Cash Flow vs Tangible Asset Value

Accounts Relationship

Free Cash Flow vs Tangible Asset Value

Significance: Strong Contrarian Relationship

Free Cash Flow diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Free Cash Flow account and Tangible Asset Value

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].

Tangible Asset Value

The value of tangibles assets calculated as the difference between [Assets] and [Intangibles].
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