Blackbaud Inc (BLKB)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,495,720 | 2,912,280 | 2,992,700 | 2,965,360 | 2,044,730 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,495,720K
= 0.00
Blackbaud Inc's debt-to-assets ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been using debt to finance its assets during this period. A low or zero debt-to-assets ratio implies that the company is not highly leveraged and has a strong capacity to meet its financial obligations. Blackbaud Inc's stable debt-to-assets ratio suggests a healthy financial position with lower financial risk. However, it's important to consider other financial metrics and factors to have a comprehensive view of the company's financial health.
Peer comparison
Dec 31, 2024