Blackline Inc (BL)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 446,669 | 260,881 | 111,868 | 325,036 | 422,070 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $446,669K)
= 0.00
Blackline Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during this period. This signifies that Blackline Inc has been financing its operations and investments primarily through equity rather than debt. A low or zero debt-to-capital ratio can indicate financial strength, as it implies lower financial risk and less dependency on debt financing. However, it's important to assess other financial metrics and factors to have a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024