Blend Labs Inc (BLND) - Total Assets
Based on the latest financial reports, Blend Labs Inc (BLND) holds total assets worth $189.57 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of Blend Labs Inc for net asset value and shareholders' equity analysis.
Blend Labs Inc - Total Assets Trend (2019–2024)
This chart illustrates how Blend Labs Inc's total assets have evolved over time, based on quarterly financial data.
Blend Labs Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Blend Labs Inc's total assets of $189.57 Million consist of 75.9% current assets and 24.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.7% |
| Accounts Receivable | $19.90 Million | 11.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.08 Million | 1.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Blend Labs Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see BLND company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Blend Labs Inc's current assets represent 75.9% of total assets in 2024, a decrease from 89.8% in 2019.
- Cash Position: Cash and equivalents constituted 23.7% of total assets in 2024, up from 14.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 11.2% of total assets.
Blend Labs Inc Competitors by Total Assets
Key competitors of Blend Labs Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Salesforce.com Inc
NYSE:CRM
|
USA | $112.31 Billion |
|
PTC Inc
NASDAQ:PTC
|
USA | $6.43 Billion |
|
Xero Ltd
AU:XRO
|
Australia | AU$6.10 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
China | CN¥8.65 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Beijing eGOVA
SHE:300075
|
China | CN¥4.07 Billion |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
China | CN¥3.72 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
Blend Labs Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.54 | 3.24 | 5.31 |
| Quick Ratio | 2.54 | 3.24 | 5.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $70.32 Million | $101.16 Million | $151.12 Million |
Blend Labs Inc - Advanced Valuation Insights
This section examines the relationship between Blend Labs Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.00 |
| Latest Market Cap to Assets Ratio | 2.19 |
| Asset Growth Rate (YoY) | -13.6% |
| Total Assets | $178.01 Million |
| Market Capitalization | $389.30 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Blend Labs Inc's assets at a significant premium (2.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Blend Labs Inc's assets decreased by 13.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Blend Labs Inc (2019–2024)
The table below shows the annual total assets of Blend Labs Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $178.01 Million | -13.61% |
| 2023-12-31 | $206.06 Million | -52.38% |
| 2022-12-31 | $432.76 Million | -61.10% |
| 2021-12-31 | $1.11 Billion | +415.65% |
| 2020-12-31 | $215.75 Million | +33.75% |
| 2019-12-31 | $161.30 Million | -- |
About Blend Labs Inc
Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and a suite of add-on products … Read more