Backblaze Inc Working Capital to Net Assets Ratio
Backblaze Inc working capital to net assets ratio. Backblaze Inc (BLZE) has a Working Capital to Net Assets ratio of -0.1% as of June 2026. Working capital of $-91.00K (current assets of $68.70 Million minus current liabilities of $68.80 Million) is measured against net assets of $88.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Backblaze Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Backblaze Inc (2019–2025)
Working capital to net assets ratio of Backblaze Inc from 2019 to 2025. This chart shows how Backblaze Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at -0.1%, reflecting working capital of $-91.00K against net assets of $88.54 Million USD. See defensive interval ratio of Backblaze Inc to measure how many days the company can operate on defensive assets alone.
Backblaze Inc Working Capital to Net Assets Ratio by Year (2019–2025)
Backblaze Inc working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Backblaze Inc from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see BLZE total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 4.9% | $4.07 Million | $83.22 Million | $65.69 Million | $61.62 Million | ▼ -2.8 pp |
| 2024 | 7.7% | $5.95 Million | $77.62 Million | $65.75 Million | $59.80 Million | ▲ +49.0 pp |
| 2023 | -41.3% | $-18.57 Million | $44.94 Million | $38.51 Million | $57.09 Million | ▼ -67.7 pp |
| 2022 | 26.4% | $18.12 Million | $68.75 Million | $74.40 Million | $56.27 Million | ▼ -42.8 pp |
| 2021 | 69.1% | $66.02 Million | $95.49 Million | $111.08 Million | $45.06 Million | ▼ -327.7 pp |
| 2020 | 396.8% | $-27.14 Million | $-6.84 Million | $9.23 Million | $36.37 Million | ▼ -341.9 pp |
| 2019 | 738.7% | $-19.16 Million | $-2.59 Million | $9.08 Million | $28.24 Million | — |