Blend Labs Balance Sheet Health
Financial Health criteria checks 4/6
Blend Labs has a total shareholder equity of $26.9M and total debt of $138.3M, which brings its debt-to-equity ratio to 513.4%. Its total assets and total liabilities are $206.1M and $179.1M respectively.
Key information
513.4%
Debt to equity ratio
US$138.33m
Debt
| Interest coverage ratio | n/a |
| Cash | US$136.92m |
| Equity | US$26.95m |
| Total liabilities | US$179.12m |
| Total assets | US$206.07m |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Blend Labs, Inc.'s (NYSE:BLND) 35% Share Price Climb
Mar 29
Blend Labs: Still Navigating A Challenging Housing Market
Mar 05Is Blend Labs (NYSE:BLND) Using Debt Sensibly?
Feb 19Blend Labs: Burning Cash And Diluting Shareholders
Dec 12Blend Labs, Inc. (NYSE:BLND) Held Back By Insufficient Growth Even After Shares Climb 31%
Dec 09Blend Labs Focuses On Consumer Banking As Mortgage Industry Woes Continue (Rating Downgrade)
Nov 30Blend Labs: Q2 2023 Could Be The Sign That Revenue Growth Is Turning Around
Sep 13Blend Labs: A Long Way To Go
Jul 31Time To Worry? Analysts Just Downgraded Their Blend Labs, Inc. (NYSE:BLND) Outlook
Mar 24Blend: Providing A White Label Solution That Fits The Bill
Dec 15Blend Labs: Not Worth Betting The House On
Nov 13PNC Bank partners with Blend Labs to digitally optimize mortgage application process
Sep 27Blend Labs Makes Tepid Cost Cutting Moves In Downturn
Aug 12Analysts Have Lowered Expectations For Blend Labs, Inc. (NYSE:BLND) After Its Latest Results
Apr 03Blend Labs, Inc. (NYSE:BLND) Analysts Just Trimmed Their Revenue Forecasts By 30%
Apr 01Blend Labs: A First Assessment
Mar 21After A 64% Decline, Blend Labs Is An Opportunistic Buy
Jan 02Blend Labs: High Growth Potential Despite Taking A Tumble
Dec 06Blend Labs: Blended Picture
Jul 18Financial Position Analysis
Short Term Liabilities: BLND's short term assets ($169.8M) exceed its short term liabilities ($31.6M).
Long Term Liabilities: BLND's short term assets ($169.8M) exceed its long term liabilities ($147.5M).
Debt to Equity History and Analysis
Debt Level: BLND's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BLND's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BLND has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BLND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.