Backblaze annual debt-to-assets ratio
2020
2021
2022
2023
2024
2025
Backblaze Debt-to-Assets Ratio Growth & History (BLZE)
Backblaze's debt-to-assets ratio was 0.32 for fiscal 2025.
View full Backblaze company overviewBackblaze annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.32 | 0.06 | +23.10% |
| 2024 | 2024-12-31 | 0.26 | −0.01 | −5.03% |
| 2023 | 2023-12-31 | 0.27 | 0.02 | +8.25% |
| 2022 | 2022-12-31 | 0.25 | 0.25 | — |
| 2021 | 2021-12-31 | 0.00 | −0.01 | — |
| 2020 | 2020-12-31 | 0.01 | — | — |
Backblaze quarterly debt-to-assets ratio
Q4.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.37 | 0.04 | +13.66% |
| Q1 2026 | 2026-03-31 | 0.32 | 0.05 | +19.86% |
| Q4 2025 | 2025-12-31 | 0.32 | 0.06 | +23.10% |
| Q3 2025 | 2025-09-30 | 0.32 | 0.02 | +4.97% |
| Q2 2025 | 2025-06-30 | 0.32 | 0.07 | +26.16% |
| Q1 2025 | 2025-03-31 | 0.27 | 0.01 | +5.35% |
| Q4 2024 | 2024-12-31 | 0.26 | −0.01 | −5.03% |
| Q3 2024 | 2024-09-30 | 0.30 | −0.03 | −9.70% |
| Q2 2024 | 2024-06-30 | 0.26 | 0.21 | +501.77% |
| Q1 2024 | 2024-03-31 | 0.25 | 0.21 | +459.13% |
| Q4 2023 | 2023-12-31 | 0.27 | 0.02 | +8.25% |
| Q3 2023 | 2023-09-30 | 0.34 | 0.09 | +36.37% |
| Q2 2023 | 2023-06-30 | 0.04 | −0.20 | −82.67% |
| Q1 2023 | 2023-03-31 | 0.05 | −0.17 | −79.06% |
| Q4 2022 | 2022-12-31 | 0.25 | 0.25 | — |
| Q3 2022 | 2022-09-30 | 0.25 | 0.07 | +43.55% |
| Q2 2022 | 2022-06-30 | 0.25 | — | — |
| Q1 2022 | 2022-03-31 | 0.22 | — | — |
| Q4 2021 | 2021-12-31 | 0.00 | −0.01 | — |
| Q3 2021 | 2021-09-30 | 0.17 | — | — |
| Q4 2020 | 2020-12-31 | 0.01 | — | — |
Backblaze debt-to-assets ratio trends
Over the last five fiscal years, Backblaze's debt-to-assets ratio increased from 0.01 to 0.32, a change of 0.31. The latest reported quarter, Q2 2026, shows 0.37.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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