Blackline Other Non Cash Items vs Change To Inventory Analysis

BL Stock  USD 64.94  1.08  1.69%   
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 Other Non Cash Items and its Change To Inventory 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 closely tied 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.

Other Non Cash Items vs Change To Inventory

Other Non Cash Items vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Other Non Cash Items account and Change To Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blackline's Other Non Cash Items and Change To Inventory is 0.14. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Other Non Cash Items and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Blackline are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Other Non Cash Items i.e., Blackline's Other Non Cash Items and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Non Cash Items

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 closely tied 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 44.51 this year, although the value of Tax Provision will most likely fall to (1.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit327.8M393.6M443.2M465.4M
Total Revenue425.7M522.9M590.0M619.5M

Blackline fundamental ratios Correlations

0.870.95-0.90.710.750.970.880.870.840.780.990.861.00.67-0.50.980.260.83-0.670.90.910.940.890.90.98
0.870.74-0.880.70.820.870.90.860.740.840.860.770.880.38-0.350.850.270.6-0.470.920.930.770.880.930.86
0.950.74-0.80.620.590.890.810.790.860.680.930.810.930.84-0.530.930.30.9-0.680.80.840.910.80.780.94
-0.9-0.88-0.8-0.77-0.83-0.89-0.93-0.79-0.85-0.9-0.87-0.86-0.92-0.350.69-0.86-0.46-0.620.36-0.95-0.93-0.75-0.81-0.92-0.93
0.710.70.62-0.770.410.730.770.750.670.660.730.510.710.22-0.650.70.030.64-0.50.820.770.740.750.680.68
0.750.820.59-0.830.410.720.760.660.670.870.710.710.780.23-0.430.680.470.36-0.20.790.780.530.690.840.76
0.970.870.89-0.890.730.720.870.880.810.760.980.850.960.58-0.460.990.130.8-0.70.880.90.940.90.910.95
0.880.90.81-0.930.770.760.870.890.930.830.850.870.890.42-0.640.850.410.67-0.420.970.990.770.90.960.92
0.870.860.79-0.790.750.660.880.890.820.690.880.710.840.51-0.430.870.030.81-0.720.850.930.861.00.890.85
0.840.740.86-0.850.670.670.810.930.820.770.820.840.850.56-0.740.820.390.7-0.450.890.920.750.820.870.89
0.780.840.68-0.90.660.870.760.830.690.770.740.660.810.29-0.630.730.430.46-0.260.860.850.610.710.810.79
0.990.860.93-0.870.730.710.980.850.880.820.740.810.980.68-0.460.990.150.86-0.740.870.890.970.90.880.96
0.860.770.81-0.860.510.710.850.870.710.840.660.810.860.5-0.540.850.510.62-0.360.850.860.720.740.910.91
1.00.880.93-0.920.710.780.960.890.840.850.810.980.860.64-0.520.970.310.79-0.610.910.920.920.870.910.98
0.670.380.84-0.350.220.230.580.420.510.560.290.680.50.64-0.150.680.080.81-0.70.380.470.730.510.390.64
-0.5-0.35-0.530.69-0.65-0.43-0.46-0.64-0.43-0.74-0.63-0.46-0.54-0.52-0.15-0.45-0.48-0.410.06-0.66-0.6-0.37-0.42-0.52-0.55
0.980.850.93-0.860.70.680.990.850.870.820.730.990.850.970.68-0.450.140.85-0.740.860.890.960.890.880.96
0.260.270.3-0.460.030.470.130.410.030.390.430.150.510.310.08-0.480.14-0.010.480.370.34-0.030.040.340.38
0.830.60.9-0.620.640.360.80.670.810.70.460.860.620.790.81-0.410.85-0.01-0.860.660.710.90.810.630.79
-0.67-0.47-0.680.36-0.5-0.2-0.7-0.42-0.72-0.45-0.26-0.74-0.36-0.61-0.70.06-0.740.48-0.86-0.42-0.5-0.85-0.72-0.45-0.57
0.90.920.8-0.950.820.790.880.970.850.890.860.870.850.910.38-0.660.860.370.66-0.420.970.790.870.950.91
0.910.930.84-0.930.770.780.90.990.930.920.850.890.860.920.47-0.60.890.340.71-0.50.970.810.930.970.93
0.940.770.91-0.750.740.530.940.770.860.750.610.970.720.920.73-0.370.96-0.030.9-0.850.790.810.870.780.89
0.890.880.8-0.810.750.690.90.91.00.820.710.90.740.870.51-0.420.890.040.81-0.720.870.930.870.910.86
0.90.930.78-0.920.680.840.910.960.890.870.810.880.910.910.39-0.520.880.340.63-0.450.950.970.780.910.92
0.980.860.94-0.930.680.760.950.920.850.890.790.960.910.980.64-0.550.960.380.79-0.570.910.930.890.860.92
Click cells to compare fundamentals

Blackline Account Relationship Matchups

Blackline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.8B1.9B2.1B2.2B
Other Current Liab32.1M34.3M52.3M50.3M50.3M32.2M
Total Current Liabilities207.0M242.3M322.6M367.8M642.6M674.7M
Retained Earnings(163.6M)(201.7M)(301.7M)(273.0M)(214.8M)(225.5M)
Accounts Payable7.4M3.2M7.5M15.0M8.6M6.9M
Cash120.2M367.4M539.7M201.0M271.1M165.5M
Net Receivables102.8M111.3M125.1M150.9M171.6M89.4M
Common Stock Shares Outstanding55.3M56.8M58.4M59.5M72.0M58.9M
Other Current Assets12.8M20.0M47.7M23.7M31.2M20.1M
Total Liab611.0M678.9M1.5B1.8B1.8B1.9B
Total Current Assets723.4M674.1M1.3B1.2B1.4B1.5B
Short Term Debt4.9M8.3M10.6M13.9M254.1M266.8M
Common Stock559K577K590K600K615K584.3K
Total Stockholder Equity398.6M422.1M325.0M111.9M260.9M305.4M
Other Liab9.1M22.2M13.0M45.7M52.5M55.2M
Net Tangible Assets184.7M82.5M(24.4M)(431.0M)(387.9M)(368.5M)
Property Plant And Equipment Net25.6M21.9M32.6M34.5M34.0M22.2M
Current Deferred Revenue162.6M191.1M242.4M279.3M320.1M175.9M
Net Debt279.7M51.1M593.9M1.2B1.1B1.2B
Non Current Assets Total291.1M439.4M469.9M694.1M693.4M422.4M
Non Currrent Assets Other52.9M65.4M87.9M92.8M93.6M47.9M
Other Assets51.6M65.4M87.9M92.8M106.7M112.0M
Cash And Short Term Investments607.7M542.6M1.2B1.1B1.2B1.3B
Common Stock Total Equity559K577K590K600K690K577.9K
Liabilities And Stockholders Equity1.0B1.1B1.8B1.9B2.1B1.1B
Non Current Liabilities Total404.0M436.6M1.1B1.4B1.2B1.2B
Other Stockholder Equity561.3M622.8M625.9M385.7M474.9M478.0M
Property Plant And Equipment Gross25.6M21.9M32.6M34.5M78.4M82.3M
Accumulated Other Comprehensive Income377K376K298K(1.5M)205K215.3K
Intangible Assets27.6M62.4M59.7M122.9M116.9M72.9M
Property Plant Equipment25.6M13.2M32.6M34.5M39.7M41.7M
Capital Surpluse561.3M622.8M625.9M385.7M443.6M503.2M
Deferred Long Term Liab49.7M6.6M8.2M5.6M6.4M6.1M
Retained Earnings Total Equity(163.6M)(201.7M)(301.7M)(273.0M)(245.7M)(258.0M)
Short Term Investments487.5M175.2M659.0M874.1M933.4M980.0M

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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 closely tied 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Application Software space 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
0.429
Earnings Share
0.98
Revenue Per Share
10.347
Quarterly Revenue Growth
0.101
Return On Assets
0.0095
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.