Blackbaud Inc (BLKB)

Debt-to-equity 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-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $141,993K
= 0.00

The debt-to-equity ratio of Blackbaud Inc has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations, and its capital structure is more reliant on equity. A debt-to-equity ratio of 0.00 suggests that the company's financial risk is low as it has no debt obligations relative to its equity. This could be viewed positively by investors and creditors as it signifies a strong financial position and stability in the company's operations.