Blackline Balance Sheet Analysis

BL Stock

USD 59.93 1.53 2.49%

Most accounts from Blackline's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Blackline current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Blackline Valuation and Blackline Correlation 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 Total Current Assets are quite stable compared to the past year. Short Term Debt is expected to rise to about 266.8 M this year, although the value of Retained Earnings will most likely fall to (225.5 M).

Net Receivables Accounts Payable

For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.At this time, Blackline's Total Current Assets are quite stable compared to the past year. Short Term Debt is expected to rise to about 266.8 M this year, although the value of Retained Earnings will most likely fall to (225.5 M).

	2021	2022	2023	2024 (projected)
Other Current Liabilities	67.4M	66.6M	59.7M	37.2M
Total Assets	1.8B	1.9B	2.1B	2.2B

Other Current Liab Total Assets

Blackline balance sheet 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 balance sheet 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
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
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
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)
Net Debt	279.7M	51.1M	593.9M	1.2B	1.1B	1.2B
Other Assets	51.6M	65.4M	87.9M	92.8M	106.7M	112.0M
Intangible Assets	27.6M	62.4M	59.7M	122.9M	116.9M	72.9M
Capital Surpluse	561.3M	622.8M	625.9M	385.7M	443.6M	503.2M

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

0.82

DJCO

Daily Journal Corp

Pair Corr

Moving against Blackline Stock

0.54	EB	Eventbrite Class A Earnings Call Next Week	Pair Corr
0.52	DMAN	Innovativ Media Group	Pair Corr
0.5	DV	DoubleVerify Holdings Financial Report 8th of May 2024	Pair Corr
0.42	U	Unity Software Financial Report 8th of May 2024	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

Largest Application Software Companies

View

Largest Software - Application Companies

View

Check out Blackline Valuation and Blackline Correlation 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.

	Global Correlations Find global opportunities by holding instruments from different markets
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Blackline Balance Sheet Analysis

Blackline balance sheet Correlations

Blackline Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Blackline balance sheet 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