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BlackLine (BlackLine) Equity-to-Asset : 0.12 (As of Dec. 2023)


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What is BlackLine Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackLine's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $260.9 Mil. BlackLine's Total Assets for the quarter that ended in Dec. 2023 was $2,100.8 Mil. Therefore, BlackLine's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

The historical rank and industry rank for BlackLine's Equity-to-Asset or its related term are showing as below:

BL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.49   Max: 0.69
Current: 0.12

During the past 10 years, the highest Equity to Asset Ratio of BlackLine was 0.69. The lowest was 0.06. And the median was 0.49.

BL's Equity-to-Asset is ranked worse than
87.54% of 2841 companies
in the Software industry
Industry Median: 0.55 vs BL: 0.12

BlackLine Equity-to-Asset Historical Data

The historical data trend for BlackLine's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackLine Equity-to-Asset Chart

BlackLine Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.38 0.18 0.06 0.12

BlackLine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.09 0.11 0.12

Competitive Comparison of BlackLine's Equity-to-Asset

For the Software - Application subindustry, BlackLine's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackLine's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, BlackLine's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BlackLine's Equity-to-Asset falls into.



BlackLine Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

BlackLine's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=260.881/2100.765
=0.12

BlackLine's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=260.881/2100.765
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlackLine  (NAS:BL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


BlackLine Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BlackLine's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackLine (BlackLine) Business Description

Traded in Other Exchanges
Address
21300 Victory Boulevard, 12th Floor, Woodland Hills, CA, USA, 91367
BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their financial close process including account reconciliations, variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. The majority of the revenue of the company is earned in the United States.
Executives
Mark Woodhams officer: Chief Revenue Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Thomas Unterman director 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Mika Yamamoto director 21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Peter Hirsch officer: Chief Technology Officer C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Mark Partin officer: Chief Financial Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Marc Huffman officer: Chief Operating Officer C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Amit Yoran director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Brunilda Rios director C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Owen Ryan director C/O BLACKLINE INC, 21300 VICTORY BOULEVARD 12TH FLOOR, WOODLAND HILLS CA 91367
Therese Tucker director, 10 percent owner, officer: Chief Executive Officer 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Barbara Whye director 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Morgan Karole Prager officer: Chief Legal Officer & Sec'y C/O MCCLATCHY CO, 2100 Q STREET, SACRAMENTO CA 95816
Patrick Villanova officer: Controller 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367