Backblaze Inc (BLZE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Backblaze Inc (BLZE) has a cash flow conversion efficiency ratio of 0.069x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($5.70 Million) by net assets ($82.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Backblaze Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Backblaze Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Backblaze Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Backblaze Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Backblaze Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Metro Mining Limited
F:6ME
|
-0.025x |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
0.544x |
|
Fujian Sanmu Group Co Ltd
SHE:000632
|
-0.347x |
|
Range Capital Acquisition Corp II Class A Ordinary Shares
NASDAQ:RNGT
|
-0.001x |
|
Acadian Timber Corp
TO:ADN
|
0.001x |
|
AC Immune Ltd
NASDAQ:ACIU
|
-0.522x |
|
Rishabh Instruments Limited
NSE:RISHABH
|
0.045x |
|
XANO Industri AB (publ)
ST:XANO-B
|
-0.008x |
Annual Cash Flow Conversion Efficiency for Backblaze Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of Backblaze Inc from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Backblaze Inc (BLZE) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $77.62 Million | $12.51 Million | 0.161x | +198.50% |
| 2023-12-31 | $44.94 Million | $-7.35 Million | -0.164x | +18.41% |
| 2022-12-31 | $68.75 Million | $-13.78 Million | -0.200x | -643.77% |
| 2021-12-31 | $95.49 Million | $3.52 Million | 0.037x | +101.97% |
| 2020-12-31 | $-6.84 Million | $12.82 Million | -1.874x | +63.18% |
| 2019-12-31 | $-2.59 Million | $13.20 Million | -5.090x | -- |
About Backblaze Inc
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and part… Read more