Nilay Patel - Backblaze CoFounder Sales

BLZE Stock  USD 6.49  0.04  0.62%   

Founder

Nilay Patel is CoFounder Sales of Backblaze
Address 201 Baldwin Ave., San Mateo, CA, United States, 94401
Phone650 352 3738
Webhttps://www.backblaze.com

Backblaze Management Efficiency

The company has return on total asset (ROA) of (0.2025) % which means that it has lost $0.2025 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0281) %, meaning that it created substantial loss on money invested by shareholders. Backblaze's management efficiency ratios could be used to measure how well Backblaze manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.57. The current year's Return On Capital Employed is expected to grow to -0.74. At present, Backblaze's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 34.1 M, whereas Net Tangible Assets are forecasted to decline to about 33.2 M.
Backblaze currently holds 46.85 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Backblaze has a current ratio of 1.78, which is within standard range for the sector. Note, when we think about Backblaze's use of debt, we should always consider it together with its cash and equity.
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 was incorporated in 2007 and is headquartered in San Mateo, California. Backblaze Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 270 people. Backblaze (BLZE) is traded on NASDAQ Exchange in USA. It is located in 201 Baldwin Ave., San Mateo, CA, United States, 94401 and employs 381 people. Backblaze is listed under Application Software category by Fama And French industry classification.

Management Performance

Backblaze Leadership Team

Elected by the shareholders, the Backblaze's board of directors comprises two types of representatives: Backblaze inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Backblaze. The board's role is to monitor Backblaze's management team and ensure that shareholders' interests are well served. Backblaze's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Backblaze's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gleb Budman, CEO CoFounder
Anu Patil, Vice Operations
Tina Cessna, Senior Engineering
Tim Nufire, Chief Director
Damon Uyeda, CoFounder
III CFA, Vice Relations
Brian Beach, Chief Officer
Marc Suidan, Chief Officer
Nilay Patel, CoFounder Sales
Christopher Opat, Senior Operations
David Ngo, Chief Officer
Casey Jones, CoFounder
Brian Wilson, CoFounder
Francis Patchel, Chief Officer
Marc CPA, Chief Officer
Thomas Esq, General Officer
Kevin Gavin, Chief Officer
Robert Fitt, Chief Officer
Hang Kwok, CoFounder

Backblaze Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Backblaze a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Backblaze. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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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.