Blend Labs (BLND) Debt Ratio (2021 - 2024)
Blend Labs (BLND) posted quarterly Debt Ratio of 0.69 for Q1 2024, up 21.96% year-over-year from 0.56 in Q2 2023, and up 2.52% quarter-over-quarter from 0.67 in Q4 2023.
Blend Labs (BLND) Debt Ratio (2021 - 2024) Analysis & Trends
Blend Labs' Debt Ratio history runs 4 years deep, the most recent figure standing at 0.69 for Q1 2024.
- In Q1 2024, Debt Ratio rose 21.96% year-over-year to 0.69; the TTM figure through Mar 2024 stood at 0.69 (up 21.96% YoY), while the FY2023 annual figure was 0.67, up 34.0% from the prior year.
- Debt Ratio for Q1 2024 stood at 0.69, up from 0.67 in the prior quarter.
- The five-year high for Debt Ratio was 0.69 in Q1 2024, with the low at 0.18 in Q3 2021.
- The 4-year median for Debt Ratio is 0.47 (2022), against an average of 0.44.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio jumped 177.36% in 2023, then increased 21.96% in 2024.
- Blend Labs' Debt Ratio stood at 0.19 in 2021, then jumped by 160.62% to 0.5 in 2022, then soared by 34.0% to 0.67 in 2023, then grew by 2.52% to 0.69 in 2024.
- Business Quant data shows BLND's Debt Ratio at 0.69 in Q1 2024, 0.67 in Q4 2023, and 0.69 in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.11 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.37 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.22 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.24 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.08 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.22 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.18 |
| 10 | Blend Labs | 354.77 Mn | 309.90 Mn | 24.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.50 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.19 |