BlackLine Balance Sheet Health
Financial Health criteria checks 5/6
BlackLine has a total shareholder equity of $397.5M and total debt of $891.8M, which brings its debt-to-equity ratio to 224.3%. Its total assets and total liabilities are $1.7B and $1.3B respectively. BlackLine's EBIT is $28.3M making its interest coverage ratio -0.6. It has cash and short-term investments of $846.3M.
Key information
224.3%
Debt to equity ratio
US$891.83m
Debt
| Interest coverage ratio | -0.6x |
| Cash | US$846.28m |
| Equity | US$397.54m |
| Total liabilities | US$1.30b |
| Total assets | US$1.70b |
Recent financial health updates
Is BlackLine (NASDAQ:BL) Using Too Much Debt?
Jan 20
We Think BlackLine (NASDAQ:BL) Can Stay On Top Of Its Debt
Aug 02BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Mar 05BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Nov 17BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Aug 01Recent updates
BlackLine: On Stronger Footing With Richer Margins (Upgrade)
Jan 24Is BlackLine (NASDAQ:BL) Using Too Much Debt?
Jan 20Is There Now An Opportunity In BlackLine, Inc. (NASDAQ:BL)?
Jan 06BlackLine: Acceleration To Mid-Teens Revenue Growth Is Possible
Dec 19If EPS Growth Is Important To You, BlackLine (NASDAQ:BL) Presents An Opportunity
Nov 06BlackLine Is Expanding Net Profit Margins Fast
Oct 31BlackLine (NASDAQ:BL) Might Have The Makings Of A Multi-Bagger
Oct 25Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 23%?
Oct 13Getting In Cheap On BlackLine, Inc. (NASDAQ:BL) Is Unlikely
Oct 01BlackLine: Slightly Improved Execution Still Doesn't Warrant My Investment
Sep 21BlackLine's (NASDAQ:BL) Promising Earnings May Rest On Soft Foundations
Aug 14We Think BlackLine (NASDAQ:BL) Can Stay On Top Of Its Debt
Aug 02Returns On Capital Are Showing Encouraging Signs At BlackLine (NASDAQ:BL)
Jul 17BlackLine: The Customer Base Is Crumbling
Jul 11Calculating The Fair Value Of BlackLine, Inc. (NASDAQ:BL)
Jun 25What Does BlackLine, Inc.'s (NASDAQ:BL) Share Price Indicate?
Jun 09BlackLine: Stay Away, Profit Expansion Expected To Be Meager This Year
Apr 29Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking
Apr 17A Look At The Intrinsic Value Of BlackLine, Inc. (NASDAQ:BL)
Mar 27BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Mar 05BlackLine: Subsequent Guidance Raise Could Be A Potential Catalyst
Feb 16Is Now The Time To Look At Buying BlackLine, Inc. (NASDAQ:BL)?
Feb 12Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking
Jan 01Is BlackLine, Inc. (NASDAQ:BL) Worth US$61.1 Based On Its Intrinsic Value?
Dec 11BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Nov 17When Should You Buy BlackLine, Inc. (NASDAQ:BL)?
Oct 27Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 29%?
Sep 11BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Aug 01BlackLine, Inc.'s (NASDAQ:BL) Price Is Out Of Tune With Revenues
May 20Financial Position Analysis
Short Term Liabilities: BL's short term assets ($1.0B) exceed its short term liabilities ($377.3M).
Long Term Liabilities: BL's short term assets ($1.0B) exceed its long term liabilities ($920.3M).
Debt to Equity History and Analysis
Debt Level: BL's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: BL's debt to equity ratio has increased from 94.5% to 224.3% over the past 5 years.
Debt Coverage: BL's debt is well covered by operating cash flow (21.2%).
Interest Coverage: BL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 02:36 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BlackLine, Inc. is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Oliver | Baird |
| Ishan Majumdar | Baptista Research |
| Daniel Jester | BMO Capital Markets Equity Research |