Blackbaud Inc (BLKB)

Debt-to-assets 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 assets US$ in thousands 2,495,720 2,600,970 3,042,750 2,549,130 2,912,280 2,603,280 3,093,010 2,639,350 2,992,700 2,626,580 2,825,520 2,628,700 2,965,360 1,654,940 1,903,360 1,684,340 2,044,730 1,651,160 1,896,810 1,670,920
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,495,720K
= 0.00

The debt-to-assets ratio for Blackbaud Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely funded by equity, which may indicate strong financial stability and a low level of financial risk. It also implies that Blackbaud Inc may have sufficient internal resources or profitability to support its business operations and asset investments without relying on external borrowing.