Blackline Inc (BL)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $446,669K
= 0.00

The Debt-to-Equity ratio for Blackline Inc has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has no financial leverage through debt and is solely financed through equity. A debt-to-equity ratio of 0.00 suggests that Blackline Inc relies on internal funding and does not have any debt obligations that would pose a risk to the company's financial position. This low or zero debt-to-equity ratio may indicate a lower financial risk and potentially stronger financial stability for the company.