Backblaze Balance Sheet Health
Financial Health criteria checks 4/6
Backblaze has a total shareholder equity of $44.9M and total debt of $5.0M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are $131.7M and $86.7M respectively.
Key information
11.2%
Debt to equity ratio
US$5.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$29.30m |
| Equity | US$44.94m |
| Total liabilities | US$86.75m |
| Total assets | US$131.69m |
Recent financial health updates
Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?
Jan 25
Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth
Oct 06Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth
May 08Recent updates
Calculating The Fair Value Of Backblaze, Inc. (NASDAQ:BLZE)
Mar 15Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?
Feb 25Backblaze: Lacking A Competitive Offering As Losses Accumulate
Feb 09Why Investors Shouldn't Be Surprised By Backblaze, Inc.'s (NASDAQ:BLZE) 28% Share Price Surge
Feb 07Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?
Jan 25Companies Like Backblaze (NASDAQ:BLZE) Are In A Position To Invest In Growth
Oct 06Backblaze, Inc. (NASDAQ:BLZE) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 12Backblaze: Far From Black Numbers
May 25Companies Like Backblaze (NASDAQ:BLZE) Can Afford To Invest In Growth
May 08Backblaze Could Be The Next Cloudflare In The Making
Nov 22Financial Position Analysis
Short Term Liabilities: BLZE's short term assets ($38.5M) do not cover its short term liabilities ($57.1M).
Long Term Liabilities: BLZE's short term assets ($38.5M) exceed its long term liabilities ($29.7M).
Debt to Equity History and Analysis
Debt Level: BLZE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BLZE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BLZE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BLZE has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 79.5% each year.