Blackline Payables Turnover vs Price To Sales Ratio Analysis
BL Stock | USD 64.09 0.85 1.31% |
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 Payables Turnover and its Price To Sales Ratio 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.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackline Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blackline's Payables Turnover and Price To Sales Ratio is -0.16. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Blackline, assuming nothing else is changed. The correlation between historical values of Blackline's Payables Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Blackline are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Blackline's Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Blackline stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blackline sales, a figure that is much harder to manipulate than other Blackline multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month 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 Profit | 327.8M | 393.6M | 443.2M | 465.4M | Total Revenue | 425.7M | 522.9M | 590.0M | 619.5M |
Blackline fundamental ratios Correlations
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Blackline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackline fundamental ratios 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 | 34.3M | 52.3M | 50.3M | 50.3M | 32.2M | |
Total Current Liabilities | 207.0M | 242.3M | 322.6M | 367.8M | 642.6M | 674.7M | |
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 | |
Common Stock Shares Outstanding | 55.3M | 56.8M | 58.4M | 59.5M | 72.0M | 58.9M | |
Other Current Assets | 12.8M | 20.0M | 47.7M | 23.7M | 31.2M | 20.1M | |
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 | 8.3M | 10.6M | 13.9M | 254.1M | 266.8M | |
Common Stock | 559K | 577K | 590K | 600K | 615K | 584.3K | |
Total Stockholder Equity | 398.6M | 422.1M | 325.0M | 111.9M | 260.9M | 305.4M | |
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) | |
Property Plant And Equipment Net | 25.6M | 21.9M | 32.6M | 34.5M | 34.0M | 22.2M | |
Current Deferred Revenue | 162.6M | 191.1M | 242.4M | 279.3M | 320.1M | 175.9M | |
Net Debt | 279.7M | 51.1M | 593.9M | 1.2B | 1.1B | 1.2B | |
Non Current Assets Total | 291.1M | 439.4M | 469.9M | 694.1M | 693.4M | 422.4M | |
Non Currrent Assets Other | 52.9M | 65.4M | 87.9M | 92.8M | 93.6M | 47.9M | |
Other Assets | 51.6M | 65.4M | 87.9M | 92.8M | 106.7M | 112.0M | |
Cash And Short Term Investments | 607.7M | 542.6M | 1.2B | 1.1B | 1.2B | 1.3B | |
Common Stock Total Equity | 559K | 577K | 590K | 600K | 690K | 577.9K | |
Liabilities And Stockholders Equity | 1.0B | 1.1B | 1.8B | 1.9B | 2.1B | 1.1B | |
Non Current Liabilities Total | 404.0M | 436.6M | 1.1B | 1.4B | 1.2B | 1.2B | |
Other Stockholder Equity | 561.3M | 622.8M | 625.9M | 385.7M | 474.9M | 478.0M | |
Property Plant And Equipment Gross | 25.6M | 21.9M | 32.6M | 34.5M | 78.4M | 82.3M | |
Accumulated Other Comprehensive Income | 377K | 376K | 298K | (1.5M) | 205K | 215.3K | |
Intangible Assets | 27.6M | 62.4M | 59.7M | 122.9M | 116.9M | 72.9M | |
Property Plant Equipment | 25.6M | 13.2M | 32.6M | 34.5M | 39.7M | 41.7M | |
Capital Surpluse | 561.3M | 622.8M | 625.9M | 385.7M | 443.6M | 503.2M | |
Deferred Long Term Liab | 49.7M | 6.6M | 8.2M | 5.6M | 6.4M | 6.1M | |
Retained Earnings Total Equity | (163.6M) | (201.7M) | (301.7M) | (273.0M) | (245.7M) | (258.0M) | |
Short Term Investments | 487.5M | 175.2M | 659.0M | 874.1M | 933.4M | 980.0M |
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Try AI Portfolio ArchitectCheck 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.