GURUFOCUS.COM » STOCK LIST » Technology » Software » Blend Labs Inc (NYSE:BLND) » Definitions » Net Cash per Share

Blend Labs (Blend Labs) Net Cash per Share : $-0.43 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Blend Labs Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Blend Labs's Net Cash per Share for the quarter that ended in Mar. 2024 was $-0.43.

The historical rank and industry rank for Blend Labs's Net Cash per Share or its related term are showing as below:

During the past 5 years, the highest Price-to-Net-Cash Ratio of Blend Labs was 12.72. The lowest was 4.21. And the median was 7.85.

BLND's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Blend Labs Net Cash per Share Historical Data

The historical data trend for Blend Labs's Net Cash per Share 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 Net Cash per Share Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
0.46 0.45 0.91 0.18 -0.35

Blend Labs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 Premium Member Only -0.03 -0.18 -0.27 -0.35 -0.43

Competitive Comparison of Blend Labs's Net Cash per Share

For the Software - Application subindustry, Blend Labs's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Software Industry

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

* The bar in red indicates where Blend Labs's Price-to-Net-Cash falls into.



Blend Labs Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Blend Labs's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(136.922-179.118-46.19)/249.91
=-0.35

Blend Labs's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(128.025-189.867-47.656)/252.319
=-0.43

* 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.


Blend Labs  (NYSE:BLND) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Blend Labs Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Blend Labs's Net Cash per Share 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