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Blackbaud (Blackbaud) Debt-to-EBITDA : 3.27 (As of Dec. 2023)


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What is Blackbaud Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Blackbaud's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19 Mil. Blackbaud's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $800 Mil. Blackbaud's annualized EBITDA for the quarter that ended in Dec. 2023 was $250 Mil. Blackbaud's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.27.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Blackbaud's Debt-to-EBITDA or its related term are showing as below:

BLKB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.47   Med: 4.1   Max: 10.94
Current: 4.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Blackbaud was 10.94. The lowest was 2.47. And the median was 4.10.

BLKB's Debt-to-EBITDA is ranked worse than
83.7% of 1601 companies
in the Software industry
Industry Median: 1.04 vs BLKB: 4.91

Blackbaud Debt-to-EBITDA Historical Data

The historical data trend for Blackbaud's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackbaud Debt-to-EBITDA Chart

Blackbaud Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 4.17 9.39 10.94 4.91

Blackbaud Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.11 12.04 7.63 3.55 3.27

Competitive Comparison of Blackbaud's Debt-to-EBITDA

For the Software - Application subindustry, Blackbaud's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackbaud's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Blackbaud's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Blackbaud's Debt-to-EBITDA falls into.



Blackbaud Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Blackbaud's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.259 + 800.49) / 167.053
=4.91

Blackbaud's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.259 + 800.49) / 250.352
=3.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Blackbaud  (NAS:BLKB) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Blackbaud Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Blackbaud's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackbaud (Blackbaud) Business Description

Traded in Other Exchanges
Address
65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside of core fund raising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
Executives
Sarah E Nash director 200 MILIK STREET, CARTERET NJ 07008
Michael P Gianoni director, officer: President and CEO 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
George H Ellis director 2911 TURTLE CREEK BOULEVARD, SUITE 1100, DALLAS TX 75219
Kevin P. Gregoire officer: Pres. Enterprise Market Group 255 FISERV DRIVE, BROOKFIELD WI 53045
David J Benjamin officer: EVP, Chief Commercial Officer C/O BLACKBAUD INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Jon W Olson officer: General Counsel C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Kevin Mcdearis officer: Chief Products Officer C/O BLACKBAUD, INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Anthony W Boor officer: CFO and Senior VP C/O BRIGHTPOINT INC, 7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Kevin W Mooney officer: Sr VP&Chief Commercial Officer
Rupal S Hollenbeck director C/O BLACKBAUD, INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Yogesh K Gupta director C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Clearlake Capital Group, L.p. 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
Jose Enrique Feliciano 10 percent owner C/O CLEARLAKE CAPITAL GROUP, LLC, 650 MADISON AVE., 23RD FLOOR, NEW YORK NY 10022
Joyce Nelson director C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492