Blackbaud Inc (BLKB) — Working Capital to Net Assets Ratio
Blackbaud Inc (BLKB) has a Working Capital to Net Assets ratio of -296.3% as of December 2025. Working capital of $-252.00 Million (current assets of $930.09 Million minus current liabilities of $1.18 Billion) is measured against net assets of $85.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BLKB days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Blackbaud Inc Working Capital to Net Assets (2002–2025)
This chart shows how Blackbaud Inc's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at -296.3%, reflecting working capital of $-252.00 Million against net assets of $85.05 Million USD. For the complete balance sheet picture, see total assets of Blackbaud Inc.
Annual Working Capital to Net Assets for Blackbaud Inc (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Blackbaud Inc from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check BLKB cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -296.3% | $-252.00 Million | $85.05 Million | $930.09 Million | $1.18 Billion | ▼ -102.1 pp |
| 2024 | -194.2% | $-275.79 Million | $141.99 Million | $976.31 Million | $1.25 Billion | ▼ -161.2 pp |
| 2023 | -33.1% | $-267.38 Million | $808.71 Million | $929.76 Million | $1.20 Billion | ▲ +8.9 pp |
| 2022 | -41.9% | $-312.00 Million | $744.03 Million | $918.64 Million | $1.23 Billion | ▼ -5.9 pp |
| 2021 | -36.1% | $-258.66 Million | $717.06 Million | $850.97 Million | $1.11 Billion | ▲ +9.5 pp |
| 2020 | -45.6% | $-194.34 Million | $426.15 Million | $819.06 Million | $1.01 Billion | ▲ +18.5 pp |
| 2019 | -64.1% | $-254.30 Million | $396.76 Million | $734.54 Million | $988.84 Million | ▼ -8.5 pp |
| 2018 | -55.6% | $-207.67 Million | $373.78 Million | $597.98 Million | $805.65 Million | ▲ +3.7 pp |
| 2017 | -59.3% | $-181.90 Million | $306.90 Million | $794.10 Million | $976.00 Million | ▲ +10.3 pp |
| 2016 | -69.6% | $-172.20 Million | $247.54 Million | $507.92 Million | $680.12 Million | ▲ +9.8 pp |
| 2015 | -79.4% | $-167.19 Million | $210.59 Million | $399.11 Million | $566.30 Million | ▼ -7.7 pp |
| 2014 | -71.7% | $-133.22 Million | $185.92 Million | $287.78 Million | $421.00 Million | ▲ +6.9 pp |
| 2013 | -78.6% | $-126.91 Million | $161.54 Million | $229.77 Million | $356.68 Million | ▼ -12.2 pp |
| 2012 | -66.3% | $-97.95 Million | $147.68 Million | $213.75 Million | $311.69 Million | ▼ -29.1 pp |
| 2011 | -37.2% | $-52.09 Million | $140.00 Million | $187.95 Million | $240.04 Million | ▲ +5.5 pp |
| 2010 | -42.7% | $-52.56 Million | $123.06 Million | $143.15 Million | $195.71 Million | ▲ +18.0 pp |
| 2009 | -60.7% | $-70.48 Million | $116.11 Million | $109.75 Million | $180.23 Million | ▲ +60.8 pp |
| 2008 | -121.5% | $-109.96 Million | $90.51 Million | $105.42 Million | $215.38 Million | ▼ -81.1 pp |
| 2007 | -40.4% | $-45.70 Million | $113.10 Million | $74.30 Million | $120.00 Million | ▼ -56.9 pp |
| 2006 | 16.5% | $16.00 Million | $97.23 Million | $110.44 Million | $94.44 Million | ▲ +39.6 pp |
| 2005 | -23.2% | $-15.35 Million | $66.27 Million | $64.60 Million | $79.95 Million | ▼ -15.4 pp |
| 2004 | -7.7% | $-6.95 Million | $89.79 Million | $64.07 Million | $71.02 Million | ▲ +42.9 pp |
| 2003 | -50.7% | $-30.33 Million | $59.86 Million | $25.74 Million | $56.06 Million | ▲ +6.0 pp |
| 2002 | -56.7% | $-19.00 Million | $33.51 Million | $35.22 Million | $54.21 Million | — |