Blend Labs (BLND) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.20 B

According to Blend Labs's latest financial reports the company has A$0.20 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Blend Labs - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$39.55 M	-83.58%
2022-12-31	$A$0.24 B	-78.46%
2021-12-31	$A$1.11 B	426.35%
2020-12-31	$A$0.21 B	10.19%
2019-12-31	$A$0.19 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Blend Labs (BLND) - Net assets