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Blackbaud (Blackbaud) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is Blackbaud Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackbaud's annualized net income for the quarter that ended in Dec. 2023 was $22 Mil. Blackbaud's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-994 Mil. Therefore, Blackbaud's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

The historical rank and industry rank for Blackbaud's Return-on-Tangible-Equity or its related term are showing as below:

BLKB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

BLKB's Return-on-Tangible-Equity is ranked better than
99.87% of 2379 companies
in the Software industry
Industry Median: 7.63 vs BLKB: Negative Tangible Equity

Blackbaud Return-on-Tangible-Equity Historical Data

The historical data trend for Blackbaud's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Blackbaud Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity - Negative Tangible Equity

Blackbaud Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 - - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Blackbaud's Return-on-Tangible-Equity

For the Software - Application subindustry, Blackbaud's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Blackbaud's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blackbaud's Return-on-Tangible-Equity falls into.



Blackbaud Return-on-Tangible-Equity Calculation

Blackbaud's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1.82/( (-1082.399+-987.164 )/ 2 )
=1.82/-1034.7815
=Negative Tangible Equity %

Blackbaud's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=21.596/( (-1001.098+-987.164)/ 2 )
=21.596/-994.131
=Negative Tangible Equity %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Blackbaud  (NAS:BLKB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Blackbaud Return-on-Tangible-Equity Related Terms

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


Blackbaud (Blackbaud) Business Description

Industry
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