Blackbaud Inc (BLKB)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 141,993 | 808,705 | 744,032 | 717,060 | 426,150 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $141,993K)
= 0.00
The debt-to-capital ratio for Blackbaud Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt as part of its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital is entirely funded by equity, suggesting a relatively lower financial risk due to the absence of debt obligations. Blackbaud Inc's stable and low debt-to-capital ratio may reflect a conservative financial approach focused on maintaining a strong balance sheet and financial stability without relying on external borrowing.
Peer comparison
Dec 31, 2024