BlackLine, Inc.

BlackLine, Inc.verified

BL

Price:

$50.06

Market Cap:

$3.11B

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income stat...[Read more]

Industry

Software - Application

IPO Date

2016-10-28

Stock Exchange

NASDAQ

Ticker

BL

The Current Ratio as of September 2024 (TTM) for BlackLine, Inc. (BL) is 1.95

According to BlackLine, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.95. This represents a change of -9.39% compared to the average of 2.16 of the last 4 quarters.

BlackLine, Inc. (BL) Historical Current Ratio (quarterly & annually)

How has BL Current Ratio performed in the past?

The mean historical Current Ratio of BlackLine, Inc. over the last ten years is 2.20. The current 1.95 Current Ratio has changed 8.77% with respect to the historical average. Over the past ten years (40 quarters), BL's Current Ratio was at its highest in in the March 2021 quarter at 5.11. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

2.20

Median

1.85

Minimum

0.65

Maximum

4.18

BlackLine, Inc. (BL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of BlackLine, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 151.20%

Maximum Annual Current Ratio = 4.18

Minimum Annual Increase = -35.97%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.19-35.53%
20223.40-18.69%
20214.1850.19%
20202.78-20.40%
20193.49151.20%
20181.39-1.70%
20171.42-6.29%
20161.51131.82%
20150.65-35.97%
20141.02-13.72%

BlackLine, Inc. (BL) Average Current Ratio

How has BL Current Ratio performed in the past?

The current Current Ratio of BlackLine, Inc. (BL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.26

5-year avg

3.21

10-year avg

2.20

BlackLine, Inc. (BL) Current Ratio vs. Peers

How is BL’s Current Ratio compared to its peers?

BlackLine, Inc.’s Current Ratio is greater than Manhattan Associates, Inc. (1.15), less than Aspen Technology, Inc. (2.60), less than DoubleVerify Holdings, Inc. (7.04), less than ANSYS, Inc. (2.95), less than Alkami Technology, Inc. (3.47), greater than Workiva Inc. (1.76), less than Agilysys, Inc. (2.41), less than American Software, Inc. (1.99), less than AppFolio, Inc. (5.51), less than Q2 Holdings, Inc. (2.26), greater than PROS Holdings, Inc. (1.19), greater than Global Business Travel Group, Inc. (1.65), less than Adeia Inc. (3.00), greater than Momentive Global Inc. (0.90), greater than Paycor HCM, Inc. (1.06), greater than Jamf Holding Corp. (0.85), greater than Pegasystems Inc. (1.05), less than JFrog Ltd. (2.56), greater than Procore Technologies, Inc. (1.55), greater than PowerSchool Holdings, Inc. (0.27),

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