Backblaze (BLZE) - Net Assets

Net assets on the balance sheet as of June 2024 : C$63.33 Million

According to Backblaze's latest financial reports the company has C$63.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Backblaze - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$93.28 M	-23.34%
2021-12-31	$C$0.12 B	-1495.3%
2020-12-31	$-C$8.73 Million	157.43%
2019-12-31	$-C$3.39 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Backblaze (BLZE) - Net assets