Blade Short Term Investments vs Non Current Liabilities Total Analysis

BLDE Stock  USD 4.33  0.15  3.35%   
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 Short Term Investments and its Non Current Liabilities Total 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 unemployment.

Short Term Investments vs Non Current Liabilities Total

Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blade Air's Short Term Investments and Non Current Liabilities Total is -0.04. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Liabilities Total 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 Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Blade Air Mobility are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Investments i.e., Blade Air's Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Blade Air balance sheet. It contains any investments Blade Air Mobility undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blade Air Mobility can easily liquidate in the marketplace.

Non Current Liabilities Total

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 unemployment.
The current year's Selling General Administrative is expected to grow to about 99.9 M, whereas Tax Provision is forecasted to decline to (1.5 M).
 2021 2022 2023 2024 (projected)
Interest Income460K3.4M8.4M5.7M
Net Interest Income460K3.4M8.4M8.9M

Blade Air fundamental ratios Correlations

0.160.00.170.970.40.12-0.130.280.050.340.180.240.750.20.110.510.670.63-0.180.520.220.650.390.87-0.35
0.160.580.89-0.050.65-0.46-0.940.990.84-0.58-0.720.99-0.50.970.850.75-0.580.60.650.770.970.690.82-0.27-0.82
0.00.580.38-0.090.210.41-0.550.520.09-0.23-0.260.52-0.270.680.880.25-0.250.20.180.250.610.20.32-0.09-0.33
0.170.890.38-0.080.85-0.57-0.940.910.89-0.72-0.840.91-0.50.890.760.89-0.580.750.860.920.920.830.96-0.32-0.9
0.97-0.05-0.09-0.080.160.270.120.06-0.170.550.420.010.88-0.03-0.080.270.830.42-0.420.29-0.020.430.140.96-0.1
0.40.650.210.850.16-0.4-0.830.720.64-0.71-0.80.7-0.20.730.530.97-0.280.960.810.910.780.940.96-0.03-0.96
0.12-0.460.41-0.570.27-0.40.44-0.48-0.850.530.6-0.50.51-0.320.0-0.440.6-0.28-0.61-0.45-0.39-0.37-0.480.480.48
-0.13-0.94-0.55-0.940.12-0.830.44-0.94-0.80.780.88-0.940.55-0.97-0.82-0.860.62-0.75-0.83-0.83-0.98-0.78-0.920.330.94
0.280.990.520.910.060.72-0.48-0.940.85-0.56-0.711.0-0.410.970.810.82-0.490.690.650.830.980.770.87-0.17-0.87
0.050.840.090.89-0.170.64-0.85-0.80.85-0.63-0.760.86-0.560.740.520.72-0.660.530.760.770.780.650.79-0.43-0.75
0.34-0.58-0.23-0.720.55-0.710.530.78-0.56-0.630.98-0.580.78-0.63-0.45-0.620.81-0.52-0.95-0.51-0.67-0.47-0.680.680.74
0.18-0.72-0.26-0.840.42-0.80.60.88-0.71-0.760.98-0.720.73-0.75-0.54-0.740.78-0.63-0.97-0.66-0.79-0.62-0.80.60.85
0.240.990.520.910.010.7-0.5-0.941.00.86-0.58-0.72-0.450.970.810.8-0.530.660.660.810.980.750.86-0.22-0.86
0.75-0.5-0.27-0.50.88-0.20.510.55-0.41-0.560.780.73-0.45-0.46-0.41-0.150.990.05-0.7-0.12-0.460.02-0.280.960.32
0.20.970.680.89-0.030.73-0.32-0.970.970.74-0.63-0.750.97-0.460.90.8-0.530.680.680.791.00.730.86-0.22-0.87
0.110.850.880.76-0.080.530.0-0.820.810.52-0.45-0.540.81-0.410.90.59-0.440.480.520.640.860.540.69-0.2-0.64
0.510.750.250.890.270.97-0.44-0.860.820.72-0.62-0.740.8-0.150.80.59-0.250.970.750.970.850.980.980.05-0.97
0.67-0.58-0.25-0.580.83-0.280.60.62-0.49-0.660.810.78-0.530.99-0.53-0.44-0.25-0.04-0.75-0.23-0.53-0.08-0.380.940.41
0.630.60.20.750.420.96-0.28-0.750.690.53-0.52-0.630.660.050.680.480.97-0.040.630.90.730.980.910.24-0.92
-0.180.650.180.86-0.420.81-0.61-0.830.650.76-0.95-0.970.66-0.70.680.520.75-0.750.630.70.720.630.81-0.6-0.81
0.520.770.250.920.290.91-0.45-0.830.830.77-0.51-0.660.81-0.120.790.640.97-0.230.90.70.820.970.970.05-0.9
0.220.970.610.92-0.020.78-0.39-0.980.980.78-0.67-0.790.98-0.461.00.860.85-0.530.730.720.820.780.89-0.22-0.91
0.650.690.20.830.430.94-0.37-0.780.770.65-0.47-0.620.750.020.730.540.98-0.080.980.630.970.780.950.21-0.92
0.390.820.320.960.140.96-0.48-0.920.870.79-0.68-0.80.86-0.280.860.690.98-0.380.910.810.970.890.95-0.09-0.97
0.87-0.27-0.09-0.320.96-0.030.480.33-0.17-0.430.680.6-0.220.96-0.22-0.20.050.940.24-0.60.05-0.220.21-0.090.11
-0.35-0.82-0.33-0.9-0.1-0.960.480.94-0.87-0.750.740.85-0.860.32-0.87-0.64-0.970.41-0.92-0.81-0.9-0.91-0.92-0.970.11
Click cells to compare fundamentals

Blade Air Account Relationship Matchups

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When determining whether Blade Air Mobility is a strong investment it is important to analyze Blade Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blade Air's future performance. For an informed investment choice regarding Blade Stock, refer to the following important reports:
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 unemployment.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blade Air. If investors know Blade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.69)
Revenue Per Share
1.244
Quarterly Revenue Growth
2.083
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blade Air's market value can be influenced by many factors that don't directly affect Blade Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.