Blackline Inc (BL)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 446,669 | 367,911 | 325,763 | 279,834 | 260,881 | 215,731 | 176,362 | 116,992 | 111,868 | 77,931 | 79,183 | 66,128 | 325,036 | 340,740 | 337,041 | 339,628 | 422,070 | 417,070 | 409,778 | 396,189 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-capital ratio for Blackline Inc has remained constant at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that Blackline Inc has not utilized debt financing to fund its operations and growth, relying instead on equity capital. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is predominantly equity-based, which may suggest a lower financial risk as there is no debt to repay. However, it is important to note that while a low debt-to-capital ratio can be favorable in terms of financial risk, it may also imply missed opportunities for leveraging debt for potential growth or tax advantages.
Peer comparison
Dec 31, 2024