Blacklinefety (Blacklinefety) Total Assets : $79.86 Mil (As of Jan. 2024)

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What is Blacklinefety Total Assets?

Blacklinefety's Total Assets for the quarter that ended in Jan. 2024 was $79.86 Mil.

Warning Sign:

If a company builds assets at 39.3% a year, faster than its revenue growth rate of 23.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Blacklinefety's average Total Assets Growth Rate was 16.20% per year. During the past 3 years, the average Total Assets Growth Rate was 35.90% per year. During the past 5 years, the average Total Assets Growth Rate was 39.30% per year. During the past 10 years, the average Total Assets Growth Rate was 48.40% per year.

During the past 13 years, Blacklinefety's highest 3-Year average Total Assets Growth Rate was 426.20%. The lowest was 9.80%. And the median was 37.95%.

Total Assets is connected with ROA %. Blacklinefety's annualized ROA % for the quarter that ended in Jan. 2024 was -21.65%. Total Assets is also linked to Revenue through Asset Turnover. Blacklinefety's Asset Turnover for the quarter that ended in Jan. 2024 was 0.25.

Blacklinefety Total Assets Historical Data

The historical data trend for Blacklinefety's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blacklinefety Total Assets Chart

Blacklinefety Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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44.53

67.04

87.91

78.93

79.58

Blacklinefety Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															76.03	79.30	79.25	79.58	79.86

Blacklinefety Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Blacklinefety's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	24.211	+	55.369
	=	79.58

Blacklinefety's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	20.956	+	58.903
	=	79.86

Blacklinefety (OTCPK:BLKLF) Total Assets Explanation

Total Assets is connected with ROA %.

Blacklinefety's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-17.256	/	( (79.58	+	79.858)	/ 2 )
	=	-17.256	/	79.719
	=	-21.65 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Blacklinefety's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	19.612	/	( (79.58	+	79.858)	/ 2 )
=	19.612	/	79.719
=	0.25

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Blacklinefety Total Assets Related Terms

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Blacklinefety (Blacklinefety) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackline Safety Corp (OTCPK:BLKLF) » Definitions » Total Assets

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BLN:Canada

Address

803-24 Avenue S.E., Unit 100, Calgary, AB, CAN, T2G 1P5

Website

https://www.blacklinesafety.com

Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include, Product segment and Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.