Backblaze Change In Cash vs Stock Based Compensation Analysis

BLZE Stock

USD 6.43 0.06 0.94%

Backblaze financial indicator trend analysis is way more than just evaluating Backblaze prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Backblaze is a good investment. Please check the relationship between Backblaze Change In Cash and its Stock Based Compensation accounts. 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.

For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Backblaze Change In Cash account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Backblaze's Change In Cash and Stock Based Compensation is -0.21. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Backblaze, assuming nothing else is changed. The correlation between historical values of Backblaze's Change In Cash and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Backblaze are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change In Cash i.e., Backblaze's Change In Cash and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Backblaze's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Backblaze current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.The current year's Enterprise Value is expected to grow to about 360.1 M, whereas Tax Provision is forecasted to decline to about 17.3 K.

	2021	2022	2023	2024 (projected)
Interest Expense	3.7M	4.3M	3.8M	3.6M
Depreciation And Amortization	16.3M	22.6M	24.9M	19.1M

Interest Expense Depreciation And Amortization

Backblaze fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.9	-0.1	0.93	0.98	0.92	0.97	0.92	0.93	-0.16	-0.77	0.86	0.6	0.87	0.82	0.79	0.92	0.71	0.6	0.67	0.86	0.92	0.95	0.97	0.97	0.92
Short Long Term Debt Total	0.9		0.25	0.99	0.79	0.89	0.81	1.0	0.97	0.22	-0.88	0.88	0.27	0.98	0.91	0.89	0.68	0.86	0.77	0.74	0.99	1.0	0.91	0.96	0.81	1.0
Other Current Liab	-0.1	0.25		0.23	-0.26	-0.16	-0.24	0.24	0.2	0.98	-0.48	0.3	-0.84	0.34	0.43	0.5	-0.42	0.44	0.55	0.47	0.22	0.2	0.13	0.07	-0.27	0.23
Total Current Liabilities	0.93	0.99	0.23		0.84	0.88	0.86	0.99	0.99	0.18	-0.91	0.9	0.31	0.99	0.94	0.92	0.72	0.88	0.79	0.76	0.96	0.99	0.95	0.97	0.85	0.99
Total Stockholder Equity	0.98	0.79	-0.26	0.84		0.87	0.98	0.81	0.84	-0.34	-0.65	0.79	0.72	0.75	0.72	0.68	0.98	0.58	0.47	0.59	0.74	0.82	0.89	0.91	0.98	0.81
Other Liab	0.92	0.89	-0.16	0.88	0.87		0.88	0.89	0.89	-0.2	-0.72	0.69	0.63	0.82	0.68	0.69	0.83	0.67	0.6	0.45	0.92	0.92	0.87	0.9	0.92	0.9
Net Tangible Assets	0.97	0.81	-0.24	0.86	0.98	0.88		0.82	0.88	-0.33	-0.7	0.74	0.72	0.8	0.75	0.7	0.93	0.68	0.56	0.53	0.76	0.84	0.91	0.9	0.99	0.83
Property Plant And Equipment Net	0.92	1.0	0.24	0.99	0.81	0.89	0.82		0.97	0.21	-0.88	0.9	0.28	0.98	0.92	0.9	0.71	0.85	0.76	0.77	0.98	1.0	0.92	0.97	0.82	1.0
Current Deferred Revenue	0.93	0.97	0.2	0.99	0.84	0.89	0.88	0.97		0.12	-0.93	0.84	0.35	0.98	0.92	0.92	0.72	0.91	0.84	0.67	0.94	0.97	0.97	0.94	0.88	0.98
Net Debt	-0.16	0.22	0.98	0.18	-0.34	-0.2	-0.33	0.21	0.12		-0.38	0.26	-0.88	0.28	0.36	0.41	-0.48	0.36	0.44	0.45	0.2	0.16	0.03	0.03	-0.35	0.19
Retained Earnings	-0.77	-0.88	-0.48	-0.91	-0.65	-0.72	-0.7	-0.88	-0.93	-0.38		-0.77	-0.08	-0.93	-0.89	-0.99	-0.5	-0.92	-0.96	-0.66	-0.85	-0.87	-0.92	-0.8	-0.7	-0.89
Accounts Payable	0.86	0.88	0.3	0.9	0.79	0.69	0.74	0.9	0.84	0.26	-0.77		0.17	0.86	0.91	0.85	0.71	0.68	0.58	0.95	0.82	0.88	0.84	0.93	0.71	0.88
Cash	0.6	0.27	-0.84	0.31	0.72	0.63	0.72	0.28	0.35	-0.88	-0.08	0.17		0.19	0.08	0.05	0.81	0.06	-0.03	-0.09	0.28	0.33	0.44	0.44	0.75	0.3
Non Current Assets Total	0.87	0.98	0.34	0.99	0.75	0.82	0.8	0.98	0.98	0.28	-0.93	0.86	0.19		0.96	0.93	0.61	0.94	0.84	0.74	0.94	0.97	0.91	0.92	0.78	0.98
Non Currrent Assets Other	0.82	0.91	0.43	0.94	0.72	0.68	0.75	0.92	0.92	0.36	-0.89	0.91	0.08	0.96		0.93	0.57	0.91	0.79	0.86	0.84	0.9	0.87	0.89	0.71	0.91
Other Assets	0.79	0.89	0.5	0.92	0.68	0.69	0.7	0.9	0.92	0.41	-0.99	0.85	0.05	0.93	0.93		0.54	0.88	0.92	0.77	0.84	0.88	0.92	0.84	0.69	0.9
Cash And Short Term Investments	0.92	0.68	-0.42	0.72	0.98	0.83	0.93	0.71	0.72	-0.48	-0.5	0.71	0.81	0.61	0.57	0.54		0.4	0.31	0.5	0.65	0.72	0.8	0.84	0.94	0.7
Net Receivables	0.71	0.86	0.44	0.88	0.58	0.67	0.68	0.85	0.91	0.36	-0.92	0.68	0.06	0.94	0.91	0.88	0.4		0.92	0.59	0.82	0.84	0.82	0.76	0.66	0.87
Common Stock Shares Outstanding	0.6	0.77	0.55	0.79	0.47	0.6	0.56	0.76	0.84	0.44	-0.96	0.58	-0.03	0.84	0.79	0.92	0.31	0.92		0.48	0.74	0.75	0.81	0.63	0.56	0.78
Short Term Investments	0.67	0.74	0.47	0.76	0.59	0.45	0.53	0.77	0.67	0.45	-0.66	0.95	-0.09	0.74	0.86	0.77	0.5	0.59	0.48		0.66	0.73	0.67	0.78	0.48	0.73
Non Current Liabilities Total	0.86	0.99	0.22	0.96	0.74	0.92	0.76	0.98	0.94	0.2	-0.85	0.82	0.28	0.94	0.84	0.84	0.65	0.82	0.74	0.66		0.99	0.87	0.93	0.78	0.98
Capital Lease Obligations	0.92	1.0	0.2	0.99	0.82	0.92	0.84	1.0	0.97	0.16	-0.87	0.88	0.33	0.97	0.9	0.88	0.72	0.84	0.75	0.73	0.99		0.92	0.97	0.84	1.0
Inventory	0.95	0.91	0.13	0.95	0.89	0.87	0.91	0.92	0.97	0.03	-0.92	0.84	0.44	0.91	0.87	0.92	0.8	0.82	0.81	0.67	0.87	0.92		0.93	0.91	0.93
Other Current Assets	0.97	0.96	0.07	0.97	0.91	0.9	0.9	0.97	0.94	0.03	-0.8	0.93	0.44	0.92	0.89	0.84	0.84	0.76	0.63	0.78	0.93	0.97	0.93		0.89	0.97
Other Stockholder Equity	0.97	0.81	-0.27	0.85	0.98	0.92	0.99	0.82	0.88	-0.35	-0.7	0.71	0.75	0.78	0.71	0.69	0.94	0.66	0.56	0.48	0.78	0.84	0.91	0.89		0.83
Total Liab	0.92	1.0	0.23	0.99	0.81	0.9	0.83	1.0	0.98	0.19	-0.89	0.88	0.3	0.98	0.91	0.9	0.7	0.87	0.78	0.73	0.98	1.0	0.93	0.97	0.83

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Backblaze Account Relationship Matchups

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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:

How To Invest In Backblaze

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Is Backblaze Stock a good investment?

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What is Backblaze's Net Worth?

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Largest Application Software Companies

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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.

For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.

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Backblaze Change In Cash vs Stock Based Compensation Analysis

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change In Cash

Stock Based Compensation

Backblaze fundamental ratios Correlations

Backblaze Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Capital Lease Obligations

Other Assets	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Non Current Assets Total	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Current Deferred Revenue
Inventory	- 0.92	Retained Earnings
Net Receivables	- 0.92	Retained Earnings