Backblaze Balance Sheet Health
Financial Health criteria checks 3/6
Backblaze has a total shareholder equity of $42.8M and total debt of $4.7M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are $136.2M and $93.4M respectively.
Key information
10.9%
Debt to equity ratio
US$4.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.88m |
| Equity | US$42.83m |
| Total liabilities | US$93.41m |
| Total assets | US$136.24m |
Recent financial health updates
Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?
Oct 11
Is Backblaze (NASDAQ:BLZE) A Risky Investment?
Jul 01Does Backblaze (NASDAQ:BLZE) Have A Healthy Balance Sheet?
Jan 25Companies 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
Revenues Tell The Story For Backblaze, Inc. (NASDAQ:BLZE) As Its Stock Soars 26%
Nov 07Is Backblaze (NASDAQ:BLZE) Using Debt Sensibly?
Oct 11Backblaze: High Growth Software Stock Trading For Peanuts
Sep 27It Is Time To Dip A Toe In Backblaze
Jul 04Is Backblaze (NASDAQ:BLZE) A Risky Investment?
Jul 01Is It Time To Consider Buying Backblaze, Inc. (NASDAQ:BLZE)?
Jun 05Backblaze, Inc.'s (NASDAQ:BLZE) 26% Cheaper Price Remains In Tune With Revenues
May 10Calculating 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 08Financial Position Analysis
Short Term Liabilities: BLZE's short term assets ($31.9M) do not cover its short term liabilities ($59.2M).
Long Term Liabilities: BLZE's short term assets ($31.9M) do not cover its long term liabilities ($34.2M).
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 3 years based on its current free cash flow.
Forecast Cash Runway: BLZE has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 43.7% each year.