Blend Labs (BLND) Debt Ratio (2021 - 2024)
Blend Labs' (BLND) quarterly Debt Ratio came in at 0.69 in Q1 2024, up 21.96% year-on-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.
- On a quarterly basis, Debt Ratio rose 21.96% year-over-year to 0.69 in Q1 2024; TTM through Mar 2024 was 0.69, a 21.96% increase from a year earlier, with the FY2023 full-year figure at 0.67, up 34.0% from the prior year.
- Debt Ratio advanced to 0.69 in Q1 2024 per BLND's latest filing, from 0.67 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.69 in Q1 2024 and bottomed at 0.18 in Q3 2021.
- The 4-year median for Debt Ratio is 0.47 (2022), against an average of 0.44.
- Across the five-year window, Debt Ratio jumped 177.36% in 2023 and advanced 21.96% in 2024, its largest moves.
- Year by year, Debt Ratio stood at 0.19 in 2021, then surged by 160.62% to 0.5 in 2022, then jumped by 34.0% to 0.67 in 2023, then increased by 2.52% to 0.69 in 2024.
- Per Business Quant, the three latest BLND Debt Ratio figures stand at 0.69 (Q1 2024), 0.67 (Q4 2023), and 0.69 (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 0.00 |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.18 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.37 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.24 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.06 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.24 |
| 10 | Blend Labs | 420.47 Mn | 361.46 Mn | 23.37 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 |