Blade Non Current Liabilities Total vs Total Assets 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 Non Current Liabilities Total and its Total Assets 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Blade Air's Non Current Liabilities Total and Total Assets is 0.37. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Blade Air Mobility are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Blade Air's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Blade Air assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blade Air Mobility books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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