Backblaze Short Term Debt from 2010 to 2024

BLZE Stock  USD 6.60  0.35  5.60%   
Backblaze's Short Term Debt is increasing over the years with slightly volatile fluctuation. Short Term Debt is expected to dwindle to about 20 M. During the period from 2010 to 2024 Backblaze Short Term Debt annual values regression line had geometric mean of  11,036,644 and mean square error of 20.6 T. View All Fundamentals
 
Short Term Debt  
First Reported
2010-12-31
Previous Quarter
21.3 M
Current Value
20 M
Quarterly Volatility
6.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Backblaze financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Backblaze's main balance sheet or income statement drivers, such as Tax Provision of 17.3 K, Depreciation And Amortization of 19.1 M or Interest Expense of 3.6 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0 or PTB Ratio of 6.39. Backblaze financial statements analysis is a perfect complement when working with Backblaze Valuation or Volatility modules.
  
Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

Latest Backblaze's Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Backblaze over the last few years. It is Backblaze's Short Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Backblaze's overall financial position and show how it may be relating to other accounts over time.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Backblaze Short Term Debt Regression Statistics

Arithmetic Mean12,334,209
Geometric Mean11,036,644
Coefficient Of Variation54.31
Mean Deviation5,523,774
Median8,230,000
Standard Deviation6,699,170
Sample Variance44.9T
Range19.1M
R-Value0.76
Mean Square Error20.6T
R-Squared0.57
Significance0
Slope1,135,375
Total Sum of Squares628.3T

Backblaze Short Term Debt History

202420 M
202321.3 M
202222.2 M
202127.3 M
202011.9 M

About Backblaze Financial Statements

Backblaze stakeholders use historical fundamental indicators, such as Backblaze's Short Term Debt, to determine how well the company is positioned to perform in the future. Although Backblaze investors may analyze each financial statement separately, they are all interrelated. For example, changes in Backblaze's assets and liabilities are reflected in the revenues and expenses on Backblaze's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Backblaze. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Debt21.3 M20 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Backblaze is a strong investment it is important to analyze Backblaze's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Backblaze's future performance. For an informed investment choice regarding Backblaze Stock, refer to the following important reports:
Check out the analysis of Backblaze Correlation against competitors.
For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Backblaze. If investors know Backblaze will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Backblaze listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
3.629
Quarterly Revenue Growth
0.288
Return On Assets
(0.20)
Return On Equity
(1.03)
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Backblaze's value and its price as these two are different measures arrived at by different means. Investors typically determine if Backblaze is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Backblaze's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.