BlackLine Balance Sheet Health
Financial Health criteria checks 3/6
BlackLine has a total shareholder equity of $313.7M and total debt of $1.4B, which brings its debt-to-equity ratio to 443.4%. Its total assets and total liabilities are $2.1B and $1.8B respectively. BlackLine's EBIT is $5.5M making its interest coverage ratio -0.1. It has cash and short-term investments of $1.2B.
Key information
443.4%
Debt to equity ratio
US$1.39b
Debt
Interest coverage ratio | -0.1x |
Cash | US$1.24b |
Equity | US$313.73m |
Total liabilities | US$1.78b |
Total assets | US$2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B2LN34's short term assets ($1.4B) exceed its short term liabilities ($609.9M).
Long Term Liabilities: B2LN34's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: B2LN34's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: B2LN34's debt to equity ratio has increased from 0% to 443.4% over the past 5 years.
Debt Coverage: B2LN34's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: B2LN34 earns more interest than it pays, so coverage of interest payments is not a concern.