Blackline Inc (BL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $446,669K
= 0.00
The debt-to-equity ratio of Blackline Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 suggests that Blackline Inc has no financial leverage and is not relying on borrowed funds to support its business activities. This could be a positive sign for the company, as it indicates a lower financial risk and potentially greater financial stability. However, it's important to note that while a low debt-to-equity ratio can be favorable, it may also suggest a missed opportunity to potentially leverage debt financing for growth or investment purposes.
Peer comparison
Dec 31, 2024