Company name:

BlackLine Inc

  • IPO SHARE PRICE:
    $17.00
  • IPO DATE:
    28 October 2016
  • TICKER:
    BL
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    21300 Victory Boulevard 12th Floor Woodland Hills CA 91367
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

BlackLine Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
33.0% 15.7% 10.0%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
60.5%
33.0% —

Cash and cash equivalents

15.7% —

Short-term passive investments

10.0% —

Accounts Receivable

1.8% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
 $31,104 $46,181 $120,232 $367,413
Short-term passive investments
$45,679
$45,679
 81,476 86,396 487,515 175,206
Accounts Receivable
$45,679
$45,679
 61,918 74,902 102,829 111,270
Prepaid expenses and other current assets
$45,679
$45,679
 13,956 14,042 12,830 20,226
Deferred sales commissions
$45,679
$45,679
 - - - -
Total current assets
$45,679
$45,679
 $188,454 $221,521 $723,406 $674,115
5.9% 4.2% 26.0%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
39.5%
26.0% —

Goodwill

5.9% —

Other assets non-current

4.2% —

Intangible assets

1.4% —

Capitalized software development cost net

1.2% —

Property and equipment net

0.8% —

Operating lease - right-of-use assets
Selected Year:
Property and equipment net
45,679
45,679
 12,769 13,536 13,024 13,239
Capitalized software development cost net
45,679
45,679
 6,824 9,023 10,032 15,690
Operating lease - right-of-use assets
-
-
 - - 12,549 8,708
Intangible assets
45,679
45,679
 40,808 27,785 17,520 46,674
Goodwill
45,679
45,679
 185,138 185,138 185,138 289,710
Other assets non-current
-
-
 - - 52,883 65,369
Other non-current assets
45,679
45,679
 26,820 36,478 52,883 -
Total non-current assets
45,679
45,679
 272,359 271,960 291,146 439,390
Total assets
45,679
45,679
 $460,813 $493,481 $1,014,552 $1,113,505
17.2% 3.2% 36.6% 55.9%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
21.8%
17.2% —

Current portion of deferred revenue

3.2% —

Accrued expenses and other current liabilities

0.7% —

Current portion of Contingent consideration

0.4% —

Current portion of Operating leases

0.3% —

Accounts payable
Selected Year:
Accounts payable
$45,679
$45,679
 $7,254 $3,442 $7,401 $3,150
Accrued expenses and other current liabilities
$45,679
$45,679
 20,874 24,479 30,098 35,958
Current portion of deferred revenue
$45,679
$45,679
 104,184 129,074 162,552 191,137
Current portion of Contingent consideration
$45,679
$45,679
 2,008 2,008 2,008 7,938
Current portion of Operating leases
-
-
 - - 4,938 4,147
Total current liabilities
$45,679
$45,679
 $134,320 $159,003 $206,997 $242,330
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
39.2%
36.6% —

Senior convertible notes

1.4% —

Contingent consideration

0.7% —

Operating leases

0.6% —

Deferred tax liability

0.0% —

Deferred revenue
Selected Year:
Deferred revenue
$45,679
$45,679
 468 277 163 75
Contingent consideration
$45,679
$45,679
 3,858 4,308 4,354 15,552
Deferred tax liability
$45,679
$45,679
 1,743 3,257 4,571 6,566
Common stock warrant liabilities
$45,679
$45,679
 - - - -
Term Loan
$45,679
-
 - - - -
Senior convertible notes
-
-
 - - 384,343 407,032
Operating leases
-
-
 - - 10,606 7,356
Other non-current liabilities
$45,679
$45,679
 3,119 2,982 - -
Total long-term liabilities
$45,679
$45,679
 $9,188 $10,824 $404,037 $436,581
Total Liabilities
$45,679
$45,679
 $143,508 $169,827 $611,034 $678,911
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
37.9%
55.9% —

Additional paid-in capital

1.1% —

Redeemable non-controlling interest

0.1% —

Common stock

0.0% —

Accumulated other comprehensive income
Selected Year:
Redeemable non-controlling interest
-
-
 - $4,387 $4,905 $12,524
Preferred Stock
$45,679
$45,679
 - - - -
Common stock
$45,679
$45,679
 530 547 559 577
Treasury Stock at cost
$45,679
-
 - - - -
Accumulated deficit
$45,679
$45,679
 (102,790) (132,896) (163,598) (201,651)
Additional paid-in capital
$45,679
$45,679
 419,628 451,571 561,275 622,768
Accumulated other comprehensive income
$45,679
-
 - 45 377 376
Accumulated other comprehensive (loss) income
-
-
 (63) - - -
Accumulated other comprehensive loss
-
$45,679
 - - - -
Total Equity
$45,679
$45,679
 $317,305 $319,267 $398,613 $422,070
Total Liabilities and Equity
$45,679
$45,679
 $460,813 $493,481 $1,014,552 $1,113,505