Blackbaud Inc (BLKB)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 17.58 | 4.78 | 5.27 | 4.77 | 3.60 | 3.25 | 4.06 | 3.67 | 4.02 | 3.58 | 3.92 | 3.73 | 4.14 | 4.17 | 4.70 | 4.05 | 4.80 | 3.74 | 4.62 | 4.39 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,495,720K ÷ $141,993K
= 17.58
The financial leverage ratio of Blackbaud Inc has fluctuated over the analyzed period, ranging from a low of 3.25 to a high of 17.58. This ratio indicates the company's level of debt relative to its equity, with higher values suggesting higher financial risk due to increased reliance on debt financing. The trend shows some volatility, with peaks observed in December 2021 and December 2024. It is important to closely monitor changes in the financial leverage ratio as they can impact the company's ability to meet its financial obligations and affect its overall financial health and stability.
Peer comparison
Dec 31, 2024