Blade Net Debt vs Capital Lease Obligations 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 Net Debt and its Capital Lease Obligations 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.
Net Debt vs Capital Lease Obligations
Net Debt vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Net Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Blade Air's Net Debt and Capital Lease Obligations is -0.9. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Lease Obligations 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 Net Debt and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Blade Air Mobility are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Debt i.e., Blade Air's Net Debt and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Capital Lease Obligations
Blade Air Mobility capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Blade Air asset purchases. For example, Blade Air can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Blade Air control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Income | 460K | 3.4M | 8.4M | 5.7M | Net Interest Income | 460K | 3.4M | 8.4M | 8.9M |
Blade Air fundamental ratios Correlations
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Blade Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Blade Air's price analysis, check to measure Blade Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.