Blackbaud Income Tax Expense vs Selling General Administrative Analysis

BLKB Stock  USD 84.23  2.18  2.52%   
Blackbaud financial indicator trend analysis is way more than just evaluating Blackbaud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackbaud is a good investment. Please check the relationship between Blackbaud Income Tax Expense and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackbaud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Blackbaud Stock refer to our How to Trade Blackbaud Stock guide.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackbaud Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blackbaud's Income Tax Expense and Selling General Administrative is -0.12. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Blackbaud, assuming nothing else is changed. The correlation between historical values of Blackbaud's Income Tax Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Blackbaud are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Tax Expense i.e., Blackbaud's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

Most indicators from Blackbaud's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackbaud current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackbaud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Blackbaud Stock refer to our How to Trade Blackbaud Stock guide.At present, Blackbaud's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 16.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 19.80.
 2021 2022 2023 2024 (projected)
Gross Profit484.5M552.7M600.1M630.1M
Total Revenue927.7M1.1B1.1B1.2B

Blackbaud fundamental ratios Correlations

0.970.980.510.180.510.870.931.00.96-0.4-0.40.980.960.970.90.840.70.620.990.760.980.710.990.980.44
0.970.950.520.140.520.880.980.950.91-0.37-0.370.960.90.920.890.770.60.510.980.690.950.620.980.950.26
0.980.950.440.140.440.830.910.980.91-0.36-0.360.980.910.930.910.830.650.570.990.761.00.70.991.00.45
0.510.520.440.211.00.250.420.50.53-0.42-0.420.590.490.50.540.560.670.410.490.520.460.510.470.480.37
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0.510.520.441.00.210.250.420.50.53-0.42-0.420.590.490.50.540.560.670.410.490.520.460.510.470.480.37
0.870.880.830.250.270.250.880.860.85-0.14-0.130.80.860.860.730.730.50.560.860.640.820.520.860.820.24
0.930.980.910.420.120.420.880.90.83-0.24-0.230.930.830.850.840.660.440.390.950.590.910.490.950.920.12
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0.960.910.910.530.240.530.850.830.97-0.46-0.460.911.01.00.840.850.780.690.930.740.910.770.930.910.53
-0.4-0.37-0.36-0.420.44-0.42-0.14-0.24-0.4-0.461.0-0.38-0.4-0.46-0.37-0.6-0.64-0.45-0.37-0.34-0.35-0.81-0.41-0.35-0.3
-0.4-0.37-0.36-0.420.44-0.42-0.13-0.23-0.4-0.461.0-0.38-0.4-0.46-0.37-0.59-0.64-0.45-0.37-0.34-0.35-0.81-0.41-0.35-0.3
0.980.960.980.590.150.590.80.930.970.91-0.38-0.380.90.920.920.820.660.560.990.750.980.680.980.990.42
0.960.90.910.490.270.490.860.830.971.0-0.4-0.40.91.00.830.840.760.710.920.750.910.750.930.910.55
0.970.920.930.50.210.50.860.850.981.0-0.46-0.460.921.00.850.860.780.710.940.760.920.770.950.920.53
0.90.890.910.540.260.540.730.840.90.84-0.37-0.370.920.830.850.770.640.60.910.780.890.620.90.910.41
0.840.770.830.560.090.560.730.660.860.85-0.6-0.590.820.840.860.770.890.770.820.860.820.930.820.820.64
0.70.60.650.670.20.670.50.440.720.78-0.64-0.640.660.760.780.640.890.810.650.830.640.870.660.650.71
0.620.510.570.410.130.410.560.390.650.69-0.45-0.450.560.710.710.60.770.810.570.80.540.70.570.560.72
0.990.980.990.490.140.490.860.950.980.93-0.37-0.370.990.920.940.910.820.650.570.750.990.681.00.990.39
0.760.690.760.520.380.520.640.590.780.74-0.34-0.340.750.750.760.780.860.830.80.750.750.70.730.760.74
0.980.951.00.460.160.460.820.910.980.91-0.35-0.350.980.910.920.890.820.640.540.990.750.690.981.00.45
0.710.620.70.51-0.10.510.520.490.740.77-0.81-0.810.680.750.770.620.930.870.70.680.70.690.70.690.64
0.990.980.990.470.110.470.860.950.980.93-0.41-0.410.980.930.950.90.820.660.571.00.730.980.70.990.37
0.980.951.00.480.150.480.820.920.980.91-0.35-0.350.990.910.920.910.820.650.560.990.761.00.690.990.45
0.440.260.450.370.320.370.240.120.50.53-0.3-0.30.420.550.530.410.640.710.720.390.740.450.640.370.45
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Blackbaud Account Relationship Matchups

Blackbaud fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B3.0B3.0B2.9B3.1B
Total Stockholder Equity396.8M426.2M717.1M744.0M808.7M849.1M
Net Debt530.9M512.6M954.4M872.3M788.5M827.9M
Cash31.8M35.8M55.1M31.7M31.3M28.3M
Other Assets65.2M207.1M77.3M62.4M56.2M53.1M
Cash And Short Term Investments31.8M35.8M55.1M31.7M31.3M28.3M
Common Stock Shares Outstanding48.3M48.7M48.2M51.6M53.7M50.4M
Liabilities And Stockholders Equity2.0B2.0B3.0B3.0B2.9B3.1B
Other Stockholder Equity167.1M191.9M468.0M538.0M611.5M642.0M
Total Liab1.6B1.6B2.2B2.2B2.1B2.2B
Total Current Assets734.5M819.1M851.0M918.6M929.8M976.2M
Common Stock Total Equity60K61K66K68K61.2K71.8K
Common Stock60K61K66K68K69K65.6K
Short Long Term Debt Total562.7M548.4M1.0B904.0M819.7M860.7M
Other Current Liab619.3M660.5M694.4M786.9M760.2M798.2M
Total Current Liabilities988.8M1.0B1.1B1.2B1.2B1.3B
Property Plant And Equipment Net139.9M127.8M165.3M153.3M135.6M142.4M
Current Deferred Revenue314.3M312.2M374.5M382.4M392.5M214.4M
Retained Earnings234.9M236.7M242.5M197.0M198.9M150.2M
Accounts Payable47.7M27.8M22.1M42.6M25.2M18.4M
Non Current Assets Total1.3B1.2B2.1B2.1B2.0B2.1B
Non Currrent Assets Other65.2M72.6M77.3M94.3M51.0M28.0M
Long Term Debt459.6M518.2M937.5M840.2M760.4M798.4M
Net Receivables89.4M95.7M103.7M103.1M102.2M72.4M
Good Will634.1M635.9M1.1B1.1B1.1B1.1B
Non Current Liabilities Total607.4M605.2M1.1B1.0B906.4M951.8M
Inventory545.5M609.2M596.6M702.2M(16.2M)(15.4M)
Other Current Assets67.9M687.6M692.1M783.9M796.3M836.1M
Property Plant And Equipment Gross139.9M127.8M165.3M153.3M209.3M219.8M
Accumulated Other Comprehensive Income(5.3M)(2.5M)6.5M8.9M(1.7M)(1.8M)
Intangible Assets419.2M389.3M795.3M776.2M742.1M779.2M
Property Plant Equipment35.5M105.2M165.3M107.4M123.5M129.7M
Other Liab50.4M69.6M147.8M132.9M152.8M160.4M
Treasury Stock(290.7M)(353.1M)(500.9M)(537.3M)(483.6M)(459.4M)
Short Term Investments524K321K977K249K353K335.4K
Net Tangible Assets(656.5M)(599.0M)(1.2B)(1.1B)(974.2M)(925.5M)
Retained Earnings Total Equity234.9M236.7M242.5M197.0M226.6M192.3M
Capital Surpluse457.8M545.0M968.9M1.1B1.2B1.3B
Deferred Long Term Liab44.6M54.1M148.5M125.8M144.6M151.9M

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When determining whether Blackbaud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackbaud's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackbaud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackbaud Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackbaud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Blackbaud Stock refer to our How to Trade Blackbaud Stock guide.
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackbaud. If investors know Blackbaud will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackbaud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.353
Earnings Share
1.01
Revenue Per Share
22.307
Quarterly Revenue Growth
0.033
Return On Assets
0.0386
The market value of Blackbaud is measured differently than its book value, which is the value of Blackbaud that is recorded on the company's balance sheet. Investors also form their own opinion of Blackbaud's value that differs from its market value or its book value, called intrinsic value, which is Blackbaud's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackbaud's market value can be influenced by many factors that don't directly affect Blackbaud's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackbaud's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackbaud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackbaud's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.