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Blend Labs (Blend Labs) Debt-to-EBITDA : -1.71 (As of Dec. 2023)


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What is Blend Labs Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Blend Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil. Blend Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $145.3 Mil. Blend Labs's annualized EBITDA for the quarter that ended in Dec. 2023 was $-87.6 Mil. Blend Labs's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.71.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Blend Labs's Debt-to-EBITDA or its related term are showing as below:

BLND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.27   Med: -0.68   Max: -0.24
Current: -1.05

During the past 5 years, the highest Debt-to-EBITDA Ratio of Blend Labs was -0.24. The lowest was -1.27. And the median was -0.68.

BLND's Debt-to-EBITDA is ranked worse than
100% of 1600 companies
in the Software industry
Industry Median: 1.04 vs BLND: -1.05

Blend Labs Debt-to-EBITDA Historical Data

The historical data trend for Blend Labs's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blend Labs Debt-to-EBITDA Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.24 -1.27 -0.32 -1.05

Blend Labs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.81 -1.02 -1.81 -1.80 -1.71

Competitive Comparison of Blend Labs's Debt-to-EBITDA

For the Software - Application subindustry, Blend Labs's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blend Labs's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Blend Labs's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Blend Labs's Debt-to-EBITDA falls into.



Blend Labs Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Blend Labs's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.379 + 145.316) / -143.214
=-1.05

Blend Labs's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.379 + 145.316) / -87.644
=-1.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Blend Labs  (NYSE:BLND) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Blend Labs Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Blend Labs's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Blend Labs (Blend Labs) Business Description

Traded in Other Exchanges
N/A
Address
415 Kearny Street, San Francisco, CA, USA, 94108
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.
Executives
Amir Jafari officer: Head of Finance and Admin. 415 KEARNY STREET, SAN FRANCISCO CA 94108
Nima Ghamsari director, officer: Chief Executive Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Oxana Tkach officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Winnie Ling officer: Head of Legal 415 KEARNY STREET, SAN FRANCISCO CA 94108
Dean Klinger officer: Head of Go-To-Market 415 KEARNY STREET, SAN FRANCISCO CA 94108
Crystal Sumner officer: Head of Legal, Compliance,Risk 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin N Lantz director 2343 42ND AVE EAST, SEATTLE WA 98112
Marc S. Greenberg officer: Head of Finance 415 KEARNY STREET, SAN FRANCISCO CA 94108
Manish K. Gupta officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Timothy J Mayopoulos director, officer: President C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jonathan Y. Chan officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Ciara Burnham director 3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Ossa Investments Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Gerald C. Chen director 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin James Collard director 415 KEARNY STREET, SAN FRANCISCO CA 94108