BlackLine Invested Capital vs Market Capitalization 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 Invested Capital and its Market Capitalization accounts. Check also Trending Equities.

Invested Capital vs Market Capitalization

Accounts Relationship

Invested Capital vs Market Capitalization

Significance: Fragmental Relationship

Invested Capital diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Invested Capital account and Market Capitalization

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to BlackLine. There are two different methods for calculating BlackLine invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. 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.

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of BlackLine. It is equal to BlackLine current share price times the number of BlackLine outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
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