Blackbaud Inc (BLKB)

Debt-to-capital 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 stockholders’ equity US$ in thousands 141,993 544,327 577,337 534,054 808,705 800,171 761,370 719,733 744,032 732,812 720,474 705,050 717,060 396,837 405,274 416,160 426,150 441,835 410,802 380,393
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $141,993K)
= 0.00

The debt-to-capital ratio of Blackbaud Inc has consistently remained at 0.00 over the past few years, indicating that the company has not utilized debt significantly to finance its operations or investments relative to its total capital. This suggests that Blackbaud has a strong capital structure and may rely more on equity financing or retained earnings to support its activities. A debt-to-capital ratio of 0.00 indicates that the company's capital is primarily composed of equity, which can be viewed positively as it signifies lower financial risk and less dependency on external borrowings for its operations. However, it is essential to consider other financial ratios and metrics to gain a comprehensive understanding of Blackbaud's financial health and performance.