BlackLine Invested Capital Average vs Free Cash Flow Analysis

BL -- USA Stock  

USD 49.84  2.44  5.15%

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 Average and its Free Cash Flow accounts. Check also Trending Equities.

Invested Capital Average vs Free Cash Flow

Accounts Relationship

Invested Capital Average vs Free Cash Flow

Significance: Significant Contrarian Relationship

Invested Capital Average diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of BlackLine Invested Capital Average account and Free Cash Flow

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Free Cash Flow

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