Blackbaud Inc (BLKB)

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

The debt-to-equity ratio of Blackbaud Inc has consistently been 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company's level of debt is either non-existent or very low in comparison to its equity. A low debt-to-equity ratio is generally considered favorable as it suggests that the company is not overly reliant on debt to finance its operations. In the case of Blackbaud Inc, the consistent 0.00 ratio could be interpreted positively by investors and creditors as it indicates a strong financial position and stability in the company's capital structure.