![]() ![]() This results in cash-per-share (CPS) ratio of 2.78. The entity has 21.4 M outstanding shares of which 100.35 K shares are currently shorted by private and institutional investors with about 0.65 trading days to cover.īackblaze currently holds about 88.08 M in cash with (13.78 M) of positive cash flow from operations. Backblaze conducts business under null sector and is part of null industry. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. To calculate Backblaze's market, we take the total number of its shares issued and multiply it by Backblaze's current market price. Market capitalization usually refers to the total value of a company's stock within the entire market. ![]() The company currently falls under 'Small-Cap' category with a current market capitalization of 160.89 M. Backblaze is listed under Business Services category by Fama And French industry classification. It is located in 500 Ben Franklin Ct, San Mateo, CA, United States, 94401 and employs 393 people. Operating Cash Flowīackblaze (BLZE) is traded on NASDAQ Exchange in USA. When we think about Backblaze's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for Backblaze to invest in growth at high rates of return. However, a more frequent occurrence is when companies like Backblaze sell additional shares at bargain prices, diluting existing shareholders. So, Backblaze's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist Backblaze until it has trouble settling it off, either with new capital or with free cash flow. Backblaze has a current ratio of 1.78, which is within standard range for the sector. The company currently holds 44.87 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. It can also help you figure out where your money is going and how much cash you have available at a given moment. Backblaze cash flow analysis is essential to understand how it generates and spends money over a specific period. Backblaze Targets 100 Million IPO (BLZE) Seeking Alpha BLZE: Backblaze Inc - Stock Price, Quote and News - CNBC Why Backblaze Stock Is a Buy on Robinhood. ![]()
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