Blade Net Receivables vs Common Stock Total Equity Analysis

BLDEW Stock  USD 0.29  0.01  3.33%   
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 Receivables and its Common Stock Total Equity 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 Receivables vs Common Stock Total Equity

Net Receivables vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Net Receivables account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blade Air's Net Receivables and Common Stock Total Equity is -0.66. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity 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 Receivables and Common Stock Total Equity 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 Receivables of Blade Air Mobility are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., Blade Air's Net Receivables and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Net Receivables

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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
Click cells to compare fundamentals

Blade Air Account Relationship Matchups

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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.