Blend Labs
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Blend Labs's balance sheet done over the years? Its assets were worth $206,065,000 last year, which is less than in the previous period. 87% of Blend Labs’s total assets is currently financed by debt. Its liabilities reached the amount of $179,118,000, which means an decrease by -33% compared compared to last year.
Debt to Assets
| 2019 | 161301000 | 26.33M | 16.33% |
|---|---|---|---|
| 2020 | 215745000 | 52.40M | 24.29% |
| 2021 | 1112486000 | 301.89M | 27.14% |
| 2022 | 432764000 | 268.84M | 62.12% |
| 2023 | 206065000 | 179.11M | 86.92% |
BLND Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 30.96M | 124.19M | 213.08M | 41.09M | 22.64M |
Short term investments | 105.96M | 229.94M | 334.14M | 110.63M | 104.62M |
Net receivables | 19.93M | 22.71M | 34.07M | 24.21M | 10.83M |
Inventory | 0 | 1 | 0 | 1 | 3.87M |
Other current assets | 12.97M | 19.23M | 31.71M | 5.17M | 2.86M |
Total current assets | 169.83M | 396.09M | 613.01M | 186.14M | 144.84M |
Non-current assets: | |||||
Property, Plant and Equipment | 12.51M | 17.41M | 20.86M | 17.27M | 2.96M |
Goodwill | 0 | 0 | 287.22M | 0 | 0 |
Intangible assets | 2.10M | 2.12M | 173.00M | 1.20M | 4.13M |
Long term investments | 0 | 5.35M | 5.35M | 5.02M | 5.19M |
Other non-current assets | 21.61M | 6.10M | 18.36M | 11.11M | 9.35M |
Total non-current assets | 36.22M | 36.66M | 499.46M | 29.6M | 16.45M |
Total assets | 206.06M | 432.76M | 1.11B | 215.74M | 161.30M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 8.98M | 8.69M | 8.06M | 13.62M | 12.39M |
Short term debt | 4.37M | 4.08M | 3.85M | 2.58M | 5.87M |
Total current liabilities | 31.57M | 35.47M | 60.03M | 35.02M | 21.73M |
| Non-current liabilities: | |||||
Long term debt | 145.31M | 227.89M | 228.45M | 14.00M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.22M | 5.47M | 13.41M | 3.37M | 4.60M |
Total non-current liabilities | 147.54M | 233.37M | 241.86M | 17.37M | 4.60M |
Total liabilities | 179.11M | 268.84M | 301.89M | 52.40M | 26.33M |
| Data source | Data source | Data source |