BlackLine Balance Sheet Health
Financial Health criteria checks 2/6
BlackLine has a total shareholder equity of $290.9M and total debt of $1.4B, which brings its debt-to-equity ratio to 477.7%. Its total assets and total liabilities are $2.1B and $1.8B respectively.
Key information
477.7%
Debt to equity ratio
US$1.39b
Debt
Interest coverage ratio | n/a |
Cash | US$1.20b |
Equity | US$290.94m |
Total liabilities | US$1.81b |
Total assets | US$2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 02B's short term assets ($1.4B) exceed its short term liabilities ($642.6M).
Long Term Liabilities: 02B's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 02B's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 02B's debt to equity ratio has increased from 0% to 477.7% over the past 5 years.
Debt Coverage: 02B's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: Insufficient data to determine if 02B's interest payments on its debt are well covered by EBIT.