What is Backblaze Debt-to-Equity?
Backblaze's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.4 Mil. Backblaze's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.6 Mil. Backblaze's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.9 Mil.
Backblaze's debt to equity for the quarter that ended in Dec. 2023 was 1.02.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Backblaze's Debt-to-Equity or its related term are showing as below:
BLZE'
s Debt-to-Equity Range Over the Past 10 Years
Min: -6.46 Med: 0.35 Max: 1.02
Current: 1.02
During the past 5 years, the highest Debt-to-Equity Ratio of Backblaze was 1.02. The lowest was -6.46. And the median was 0.35.
Backblaze Debt-to-Equity Historical Data
The historical data trend for Backblaze's Debt-to-Equity 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.
Backblaze Debt-to-Equity Chart
|
Backblaze Annual Data
|
|
Trend |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
-6.46 |
-4.60 |
0.35 |
0.66 |
1.02 |
|
Backblaze Quarterly Data
|
|
Dec19 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
0.66 |
0.75 |
0.86 |
1.05 |
1.02 |
Competitive Comparison of Backblaze's Debt-to-Equity
For the Software - Infrastructure subindustry, Backblaze's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Backblaze's Debt-to-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Backblaze's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Backblaze's Debt-to-Equity falls into.
Backblaze Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Backblaze's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Backblaze's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
Backblaze (Backblaze) Business Description
Traded in Other Exchanges
N/A
Address
500 Ben Franklin Ct, San Mateo, CA, USA, 94401
Backblaze Inc provides cloud storage services. The company offers services such as Backblaze B2 Cloud Storage which enables customers to store data, developers to build applications, and partners to expand their use cases. It is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases including backups, multi-cloud, application development, and ransomware protection and Backblaze Computer Backup automatically backs up data from laptops and desktops for businesses and individuals. Geographically, it derives a majority of revenue from the United States.
Executives
| Tina Cessna |
officer: Senior VP, Engineering |
500 BEN FRANKLIN CT., SAN MATEO CA 94401 |
| Francis P Patchel |
officer: Chief Financial Officer |
500 BEN FRANKLIN CT, SAN MATEO CA 94401 |
| Investments Plc Tmt |
10 percent owner |
13 CASTLE STREET, ST. HELIER Y9 JE1 1ES |
| Gleb Budman |
director, 10 percent owner, officer: See Remarks |
500 BEN FRANKLIN CT, SAN MATEO CA 94401 |
| Timothy M Nufire |
director, 10 percent owner, officer: Chief Cloud Officer |
500 BEN FRANKLIN CT, SAN MATEO CA 94401 |
| Brian K Wilson |
director, 10 percent owner, officer: Chief Technology Officer |
500 BEN FRANKLIN CT, SAN MATEO CA 94401 |
| Charles J. Jones |
10 percent owner |
500 BEN FRANKLIN COURT, SAN MATEO CA 94401 |
| Kwok Hang Ng |
10 percent owner |
500 BEN FRANKLIN COURT, SAN MATEO CA 94401 |
| Clal Insurance Enterprises Holdings Ltd |
10 percent owner |
36 RAUL WALENBERG ST, TEL-AVIV L3 6136902 |
| Whetstone Capital Advisors, Llc |
10 percent owner |
2001 SHAWNEE MISSION PARKWAY, SHAWNEE MISSION KS 66205 |
| Jocelyn Carter-miller |
director |
3698 NW 15TH STREET, LAUDERHILL FL 33311 |
| An Evelyn D |
director |
1301 NE 103RD STREET, MIAMI SHORES FL 33138 |
| Earl E Fry |
director |
C/O INFORMATICA CORPORATION, 2100 SEAPORT BLVD., REDWOOD CITY CA 94063 |
| Barbara H Nelson |
director |
C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035 |
Backblaze (Backblaze) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLZE has been successfully added to your