Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 17.16 is 302% above its 5-year average of 4.27, around the middle of its 5-year range (0.99–36.45).
As of the fiscal period ended Tuesday, June 30, 2026. 2.30% below its 12-month average of 17.56.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 17.16.
DEBT TO EQUITY RATIO
17.16
DEBT TO EQUITY RATIO AVG TTM
17.56
DEBT TO EQUITY RATIO AVG 3Y
6.39
DEBT TO EQUITY RATIO AVG 5Y
4.27
DEBT TO EQUITY RATIO AVG 10Y
1.43
DEBT TO EQUITY RATIO AVG 15Y
1.42
DEBT TO EQUITY RATIO AVG 20Y
1.01
CURRENT VS TTM AVG
-2.30%
CURRENT VS 3Y AVG
+168.70%
CURRENT VS 5Y AVG
+302.24%
CURRENT VS 10Y AVG
+1096.88%
CURRENT VS 15Y AVG
+1111.66%
CURRENT VS 20Y AVG
+1604.53%
SECTOR MEDIAN · TECHNOLOGY
0.22
median of 421 covered companies
CURRENT VS SECTOR MEDIAN
+7698.46%
vs the sector median at left
Market Cap
$1.88B
Debt to Equity Ratio
0.00
TTM Avg
0.26
3Y Avg
0.31
5Y Avg
0.21
Market Cap
$2.07B
Debt to Equity Ratio
0.95
TTM Avg
1.08
3Y Avg
1.08
5Y Avg
0.73
Market Cap
$2.11B
Debt to Equity Ratio
3.16
TTM Avg
0.63
3Y Avg
0.40
5Y Avg
0.61
Market Cap
$1.81B
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.05
5Y Avg
0.04
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Blackbaud, Inc. (BLKB) | $1.98B | 17.16 | 17.56 | 6.39 | 4.27 |
| Amplitude, Inc. (AMPL)vs › | $2.00B | 0.04 | 0.03 | 0.03 | 0.02 |
| BitVentures Limited (BVC)vs › | $1.88B | 0.00 | 0.26 | 0.31 | 0.21 |
| Bandwidth Inc. (BAND)vs › | $2.09B | 1.47 | 1.68 | 1.83 | 1.54 |
| Karooooo Ltd. (KARO)vs › | $1.90B | 0.30 | 0.29 | 0.18 | 0.34 |
| GigaCloud Technology Inc. (GCT)vs › | $2.07B | 0.95 | 1.08 | 1.08 | 0.73 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.11B | 3.16 | 0.63 | 0.40 | 0.61 |
| nCino, Inc. (NCNO)vs › | $2.11B | 0.36 | 0.24 | 0.16 | 0.12 |
| Quantum Computing, Inc. (QUBT)vs › | $1.81B | 0.01 | 0.01 | 0.05 | 0.04 |
| Asana, Inc. (ASAN)vs › | $2.22B | 2.48 | 1.40 | 1.10 | 1.13 |
Debt/Equity
17.16
Current Ratio
0.83
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | 17.16 |
| 2026-03-31 | 34.33 |
| 2025-12-31 | 13.16 |
| 2025-09-30 | 9.90 |
| 2025-06-30 | 13.25 |
| 2025-03-31 | 36.45 |
| 2024-12-31 | 7.81 |
| 2024-09-30 | 1.90 |
| 2024-06-30 | 1.84 |
| 2024-03-31 | 2.03 |
| 2023-12-31 | 1.01 |
| 2023-09-30 | 0.99 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.29 |
| 2022-12-31 | 1.21 |
| 2022-09-30 | 1.24 |
| 2022-06-30 | 1.38 |
| 2022-03-31 | 1.48 |
| 2021-12-31 | 1.41 |
| 2021-09-30 | 1.38 |
| 2021-06-30 | 1.41 |
| 2021-03-31 | 1.38 |
| 2020-12-31 | 1.29 |
| 2020-09-30 | 1.21 |
| 2020-06-30 | 1.45 |
| 2020-03-31 | 1.69 |
| 2019-12-31 | 1.42 |
| 2019-09-30 | 1.58 |
| 2019-06-30 | 1.77 |
| 2019-03-31 | 1.88 |
| 2018-12-31 | 1.04 |
| 2018-09-30 | 1.17 |
| 2018-06-30 | 1.38 |
| 2018-03-31 | 1.36 |
| 2017-12-31 | 1.43 |
| 2017-09-30 | 1.22 |
| 2017-06-30 | 1.48 |
| 2017-03-31 | 1.44 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.61 |
| 2016-06-30 | 1.82 |
| 2016-03-31 | 1.98 |
| 2015-12-31 | 1.94 |
| 2015-09-30 | 1.18 |
| 2015-06-30 | 1.32 |
| 2015-03-31 | 1.52 |
| 2014-12-31 | 1.51 |
| 2014-09-30 | 0.93 |
| 2014-06-30 | 1.00 |
| 2014-03-31 | 1.05 |
| 2013-12-31 | 0.95 |
| 2013-09-30 | 1.11 |
| 2013-06-30 | 1.27 |
| 2013-03-31 | 1.41 |
| 2012-12-31 | 1.46 |
| 2012-09-30 | 1.66 |
| 2012-06-30 | 1.77 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.04 |
| 2010-03-31 | 0.01 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.17 |
| 2009-06-30 | 0.43 |
| 2009-03-31 | 0.66 |
| 2008-12-31 | 0.68 |
| 2008-09-30 | 0.70 |
| 2008-06-30 | 0.28 |
| 2008-03-31 | 0.13 |
| 2007-12-31 | 0.01 |
| 2007-09-30 | 0.13 |
| 2007-06-30 | 0.18 |
| 2007-03-31 | 0.25 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.01 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |