Backblaze Inc Total Assets
Backblaze Inc total assets. Based on the latest financial reports, Backblaze Inc (BLZE) holds total assets worth $223.84 Million USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Backblaze Inc stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Backblaze Inc (2019–2025)
Total assets of Backblaze Inc from 2019 to 2025. This chart illustrates how Backblaze Inc's total assets have evolved over time, based on quarterly financial data. See BLZE share price today for real-time trading data and today's change.
Backblaze Inc - Asset Composition Analysis
Backblaze Inc Total Assets Breakdown (December 2025)
Backblaze Inc total assets breakdown as of December 2025. Backblaze Inc's total assets of $223.84 Million consist of 34.2% current assets and 65.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.2% |
| Accounts Receivable | $7.84 Million | 4.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $40.83 Million | 21.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Backblaze Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Backblaze Inc (BLZE) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Backblaze Inc's current assets represent 34.2% of total assets in 2025, an increase from 23.5% in 2019.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2025, down from 18.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 10.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 21.3% of total assets.
Backblaze Inc Competitors by Total Assets
Key competitors of Backblaze Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
TIZA Information Industry Corporation Inc
SHE:300209
|
China | CN¥3.44 Billion |
|
StoneCo Ltd
F:0Q0
|
Germany | €62.30 Billion |
|
UCloud Technology Co Ltd
SHG:688158
|
China | CN¥3.67 Billion |
|
Automatic Bank Services Ltd
TA:SHVA
|
Israel | ILA284.14 Million |
|
Rewardle Holdings Ltd
AU:RXH
|
Australia | AU$1.47 Million |
|
Ep&T Global Ltd
AU:EPX
|
Australia | AU$11.69 Million |
|
Spirent Communications plc
LSE:SPT
|
UK | GBX596.50 Million |
|
LIGHTON
PA:ALTAI
|
France | €8.30 Million |
Backblaze Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.08 | 0.22 |
| Quick Ratio | 1.00 | 1.08 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-91.00K | $4.54 Million | $-32.06 Million |
Backblaze Inc - Advanced Valuation Insights
This section examines the relationship between Backblaze Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.71 |
| Latest Market Cap to Assets Ratio | 2.71 |
| Asset Growth Rate (YoY) | 13.8% |
| Total Assets | $191.83 Million |
| Market Capitalization | $519.96 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Backblaze Inc's assets at a significant premium (2.71x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Backblaze Inc's assets grew by 13.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Backblaze Inc (2019–2025)
The table below shows the annual total assets of Backblaze Inc from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $191.83 Million | +13.80% |
| 2024-12-31 | $168.56 Million | +28.00% |
| 2023-12-31 | $131.69 Million | -13.62% |
| 2022-12-31 | $152.46 Million | -6.80% |
| 2021-12-31 | $163.58 Million | +200.32% |
| 2020-12-31 | $54.47 Million | +41.02% |
| 2019-12-31 | $38.63 Million | -- |
About Backblaze Inc
Backblaze, Inc., a cloud storage platform, provides businesses and consumers cloud services to store, use, and protect data in the United States, the United Kingdom, Canada, and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides B2 Cloud Storage, which enables customers to store data, developers to build app… Read more