Blackbaud Balance Sheet Health
Financial Health criteria checks 2/6
Blackbaud has a total shareholder equity of $534.1M and total debt of $1.1B, which brings its debt-to-equity ratio to 197.8%. Its total assets and total liabilities are $2.5B and $2.0B respectively. Blackbaud's EBIT is $126.2M making its interest coverage ratio 4.2. It has cash and short-term investments of $42.7M.
Key information
197.8%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$42.67m |
| Equity | US$534.05m |
| Total liabilities | US$2.02b |
| Total assets | US$2.55b |
Recent financial health updates
Does Blackbaud (NASDAQ:BLKB) Have A Healthy Balance Sheet?
Mar 28
Blackbaud (NASDAQ:BLKB) Has A Pretty Healthy Balance Sheet
Dec 11Blackbaud (NASDAQ:BLKB) Seems To Use Debt Quite Sensibly
Aug 31We Think Blackbaud (NASDAQ:BLKB) Has A Fair Chunk Of Debt
Dec 26Blackbaud (NASDAQ:BLKB) Is Making Moderate Use Of Debt
Jul 20Recent updates
Unpleasant Surprises Could Be In Store For Blackbaud, Inc.'s (NASDAQ:BLKB) Shares
Apr 15Does Blackbaud (NASDAQ:BLKB) Have A Healthy Balance Sheet?
Mar 28Is There An Opportunity With Blackbaud, Inc.'s (NASDAQ:BLKB) 41% Undervaluation?
Mar 06What Does Blackbaud, Inc.'s (NASDAQ:BLKB) Share Price Indicate?
Feb 02Blackbaud: Improving Trends, Wrong Price
Jan 30The Returns On Capital At Blackbaud (NASDAQ:BLKB) Don't Inspire Confidence
Dec 28Blackbaud (NASDAQ:BLKB) Has A Pretty Healthy Balance Sheet
Dec 11A Look At The Fair Value Of Blackbaud, Inc. (NASDAQ:BLKB)
Nov 25Is Now The Time To Look At Buying Blackbaud, Inc. (NASDAQ:BLKB)?
Oct 26Blackbaud (NASDAQ:BLKB) Is Reinvesting At Lower Rates Of Return
Sep 25Blackbaud (NASDAQ:BLKB) Seems To Use Debt Quite Sensibly
Aug 31Estimating The Fair Value Of Blackbaud, Inc. (NASDAQ:BLKB)
Aug 07Is It Too Late To Consider Buying Blackbaud, Inc. (NASDAQ:BLKB)?
Jul 15Should You Think About Buying Blackbaud, Inc. (NASDAQ:BLKB) Now?
Mar 28Estimating The Intrinsic Value Of Blackbaud, Inc. (NASDAQ:BLKB)
Feb 27Blackbaud (NASDAQ:BLKB) May Have Issues Allocating Its Capital
Feb 06We Think Blackbaud (NASDAQ:BLKB) Has A Fair Chunk Of Debt
Dec 26Is Now The Time To Look At Buying Blackbaud, Inc. (NASDAQ:BLKB)?
Nov 26Is Blackbaud, Inc. (NASDAQ:BLKB) Trading At A 44% Discount?
Oct 30Blackbaud acquires activity-based engagement app Kilter
Aug 22Blackbaud: A Story That Continues To Sour
Aug 13Blackbaud (NASDAQ:BLKB) Is Making Moderate Use Of Debt
Jul 20Blackbaud appoints new COO, CCO in leadership change
Jul 13Is There An Opportunity With Blackbaud, Inc.'s (NASDAQ:BLKB) 39% Undervaluation?
Jun 24Is It Too Late To Consider Buying Blackbaud, Inc. (NASDAQ:BLKB)?
Jun 03Blackbaud: A Value Trap
May 12Financial Position Analysis
Short Term Liabilities: BLKB's short term assets ($577.1M) do not cover its short term liabilities ($862.6M).
Long Term Liabilities: BLKB's short term assets ($577.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BLKB's net debt to equity ratio (189.8%) is considered high.
Reducing Debt: BLKB's debt to equity ratio has increased from 159.7% to 197.8% over the past 5 years.
Debt Coverage: BLKB's debt is well covered by operating cash flow (23%).
Interest Coverage: BLKB's interest payments on its debt are well covered by EBIT (4.2x coverage).