Blackbaud Balance Sheet Health
Financial Health criteria checks 4/6
Blackbaud has a total shareholder equity of $808.7M and total debt of $789.7M, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are $2.9B and $2.1B respectively. Blackbaud's EBIT is $112.0M making its interest coverage ratio 3.6. It has cash and short-term investments of $47.4M.
Key information
97.6%
Debt to equity ratio
US$789.67m
Debt
Interest coverage ratio | 3.6x |
Cash | US$47.45m |
Equity | US$808.71m |
Total liabilities | US$2.10b |
Total assets | US$2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNK's short term assets ($929.8M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: BNK's short term assets ($929.8M) exceed its long term liabilities ($906.4M).
Debt to Equity History and Analysis
Debt Level: BNK's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: BNK's debt to equity ratio has reduced from 103.6% to 97.6% over the past 5 years.
Debt Coverage: BNK's debt is well covered by operating cash flow (25.3%).
Interest Coverage: BNK's interest payments on its debt are well covered by EBIT (3.6x coverage).