Company / Interest Expense
BlackLine Systems, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$5.9M
FY2023
5-year range
$5.9M / $62.9M
FY2019-FY2023
Trend
-74.7%
vs FY2022
Sector context
#72 of 88
Information Technology
What the data says
BlackLine Systems, Inc.'s interest expense of $6M is lower than 82% of companies in the Information Technology sector (FY2023). Interest Expense has fluctuated over the past 8 years, ranging from $4,000 in FY2020 to $63M in FY2021.
Based on SEC 10-K filings.
$6M in FY2023 with a 5-year CAGR of +330.3%.
Improved from $63M to $6M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +330.3%
- 10-Year CAGR
- -
Sector benchmark
Top 18% in Information TechnologyTop 18% of 88This company $5.9M Sector average $173.8M
▼
-96.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +330.3%, indicating consistent growth.
- In FY2023, interest expense decreased 74.7% year-over-year.
- Ranks #72 out of 88 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.66 (distress zone, below 1.8 threshold)
- Strong profit margin: 24.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $5.9M | -74.7% |
| FY2022 | $23.3M | -63.0% |
| FY2021 | $62.9M | +1573525.0% |
| FY2020 | $4.0K | -100.0% |
| FY2019 | $8.7M | +216150.0% |
| FY2018 | $4.0K | -69.2% |
| FY2017 | $13.0K | -99.8% |
| FY2016 | $5.9M | +84.6% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026