Blade Capital Surpluse vs Cash Analysis

BLDEW Stock  USD 0.20  0.01  5.26%   
Blade Air financial indicator trend analysis is way more than just evaluating Blade Air Mobility prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blade Air Mobility is a good investment. Please check the relationship between Blade Air Capital Surpluse and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Capital Surpluse vs Cash

Capital Surpluse vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Capital Surpluse account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blade Air's Capital Surpluse and Cash is 0.76. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Cash in the same time period over historical financial statements of Blade Air Mobility, assuming nothing else is changed. The correlation between historical values of Blade Air's Capital Surpluse and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Blade Air Mobility are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Capital Surpluse i.e., Blade Air's Capital Surpluse and Cash go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

Cash

Cash refers to the most liquid asset of Blade Air Mobility, which is listed under current asset account on Blade Air Mobility balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blade Air customers. The amounts must be unrestricted with restricted cash listed in a different Blade Air account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Blade Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blade Air Mobility 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 Blade Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Blade Air's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 241.9 M in 2024, whereas Tax Provision is likely to drop (1.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income460K3.4M8.4M5.7M
Net Interest Income460K3.4M8.4M8.9M

Blade Air fundamental ratios Correlations

0.170.97-0.130.050.840.5-0.23-0.180.390.87-0.350.20.230.230.32-0.120.250.320.240.25-0.080.370.20.340.29
0.17-0.08-0.940.89-0.330.9-0.940.860.96-0.32-0.90.890.910.960.98-0.750.920.960.970.97-0.570.860.890.970.99
0.97-0.080.12-0.170.940.26-0.01-0.420.140.96-0.1-0.020.00.00.070.050.010.070.010.010.070.12-0.020.090.04
-0.13-0.940.12-0.80.35-0.870.89-0.83-0.920.330.94-0.91-0.94-0.88-0.950.71-0.96-0.91-0.91-0.930.78-0.89-0.93-0.93-0.95
0.050.89-0.17-0.8-0.470.73-0.930.760.79-0.43-0.750.870.870.90.82-0.880.860.930.880.8-0.430.670.840.830.84
0.84-0.330.940.35-0.470.00.26-0.62-0.120.990.16-0.26-0.26-0.24-0.180.29-0.25-0.23-0.23-0.20.17-0.12-0.25-0.18-0.2
0.50.90.26-0.870.730.0-0.80.750.990.04-0.970.750.80.810.96-0.540.840.920.840.87-0.490.970.760.980.92
-0.23-0.94-0.010.89-0.930.26-0.8-0.67-0.860.240.81-0.98-0.97-0.99-0.90.93-0.97-0.95-0.98-0.930.66-0.72-0.96-0.88-0.95
-0.180.86-0.42-0.830.76-0.620.75-0.670.81-0.6-0.810.620.660.690.82-0.440.690.780.720.75-0.370.820.620.840.79
0.390.960.14-0.920.79-0.120.99-0.860.81-0.09-0.970.810.850.880.99-0.610.880.950.90.93-0.530.960.821.00.97
0.87-0.320.960.33-0.430.990.040.24-0.6-0.090.11-0.25-0.23-0.24-0.160.28-0.22-0.19-0.23-0.20.17-0.07-0.24-0.15-0.19
-0.35-0.9-0.10.94-0.750.16-0.970.81-0.81-0.970.11-0.8-0.85-0.79-0.960.57-0.89-0.93-0.83-0.860.61-0.99-0.82-0.97-0.91
0.20.89-0.02-0.910.87-0.260.75-0.980.620.81-0.25-0.81.00.940.86-0.920.990.90.940.9-0.80.71.00.830.91
0.230.910.0-0.940.87-0.260.8-0.970.660.85-0.23-0.851.00.940.9-0.891.00.930.940.92-0.790.761.00.870.93
0.230.960.0-0.880.9-0.240.81-0.990.690.88-0.24-0.790.940.940.92-0.890.940.931.00.97-0.610.720.930.890.96
0.320.980.07-0.950.82-0.180.96-0.90.820.99-0.16-0.960.860.90.92-0.680.920.960.940.96-0.590.930.871.00.99
-0.12-0.750.050.71-0.880.29-0.540.93-0.44-0.610.280.57-0.92-0.89-0.89-0.68-0.86-0.8-0.85-0.760.61-0.43-0.9-0.65-0.76
0.250.920.01-0.960.86-0.250.84-0.970.690.88-0.22-0.890.991.00.940.92-0.860.940.940.92-0.790.810.990.90.95
0.320.960.07-0.910.93-0.230.92-0.950.780.95-0.19-0.930.90.930.930.96-0.80.940.940.91-0.550.880.890.970.95
0.240.970.01-0.910.88-0.230.84-0.980.720.9-0.23-0.830.940.941.00.94-0.850.940.940.98-0.630.760.940.920.98
0.250.970.01-0.930.8-0.20.87-0.930.750.93-0.2-0.860.90.920.970.96-0.760.920.910.98-0.660.810.910.930.99
-0.08-0.570.070.78-0.430.17-0.490.66-0.37-0.530.170.61-0.8-0.79-0.61-0.590.61-0.79-0.55-0.63-0.66-0.52-0.83-0.53-0.64
0.370.860.12-0.890.67-0.120.97-0.720.820.96-0.07-0.990.70.760.720.93-0.430.810.880.760.81-0.520.720.950.87
0.20.89-0.02-0.930.84-0.250.76-0.960.620.82-0.24-0.821.01.00.930.87-0.90.990.890.940.91-0.830.720.830.92
0.340.970.09-0.930.83-0.180.98-0.880.841.0-0.15-0.970.830.870.891.0-0.650.90.970.920.93-0.530.950.830.97
0.290.990.04-0.950.84-0.20.92-0.950.790.97-0.19-0.910.910.930.960.99-0.760.950.950.980.99-0.640.870.920.97
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Blade Air Account Relationship Matchups

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