Blade Non Current Assets Total vs Common Stock Total Equity Analysis

BLDEW Stock  USD 0.49  0.04  8.89%   
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 Assets Total 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.

Non Current Assets Total vs Common Stock Total Equity

Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total and Common Stock Total Equity is -0.55. Overlapping area represents the amount of variation of Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total i.e., Blade Air's Non Current Assets Total and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
Selling General Administrative is likely to climb to about 99.9 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

0.170.97-0.130.050.750.51-0.23-0.180.390.87-0.350.22-0.010.230.33-0.010.250.320.240.25-0.080.370.20.340.28
0.17-0.08-0.940.89-0.50.89-0.940.860.96-0.32-0.90.940.420.960.950.040.920.960.970.97-0.570.860.890.970.99
0.97-0.080.12-0.170.880.27-0.01-0.420.140.96-0.1-0.01-0.120.00.08-0.040.010.070.010.010.070.12-0.020.090.03
-0.13-0.940.12-0.80.55-0.860.89-0.83-0.920.330.94-0.86-0.6-0.88-0.96-0.23-0.96-0.91-0.91-0.930.78-0.89-0.93-0.93-0.95
0.050.89-0.17-0.8-0.560.72-0.930.760.79-0.43-0.750.90.140.90.83-0.380.860.930.880.8-0.430.670.840.830.83
0.75-0.50.880.55-0.56-0.150.44-0.7-0.280.960.32-0.43-0.32-0.42-0.36-0.01-0.45-0.38-0.42-0.40.41-0.27-0.47-0.33-0.4
0.510.890.27-0.860.72-0.15-0.790.750.980.05-0.970.770.290.80.960.110.840.920.830.86-0.480.970.760.970.9
-0.23-0.94-0.010.89-0.930.44-0.79-0.67-0.860.240.81-0.99-0.44-0.99-0.890.12-0.97-0.95-0.98-0.930.66-0.72-0.96-0.88-0.94
-0.180.86-0.42-0.830.76-0.70.75-0.670.81-0.6-0.810.670.240.690.810.10.690.780.720.75-0.370.820.620.840.78
0.390.960.14-0.920.79-0.280.98-0.860.81-0.09-0.970.850.370.880.980.120.880.950.90.93-0.530.960.821.00.96
0.87-0.320.960.33-0.430.960.050.24-0.6-0.090.11-0.25-0.13-0.24-0.150.07-0.22-0.19-0.23-0.20.17-0.07-0.24-0.15-0.2
-0.35-0.9-0.10.94-0.750.32-0.970.81-0.81-0.970.11-0.76-0.38-0.79-0.99-0.16-0.89-0.93-0.83-0.860.61-0.99-0.82-0.97-0.9
0.220.94-0.01-0.860.9-0.430.77-0.990.670.85-0.25-0.760.461.00.85-0.090.920.920.990.95-0.60.680.930.870.95
-0.010.42-0.12-0.60.14-0.320.29-0.440.240.37-0.13-0.380.460.470.410.740.550.280.50.58-0.870.320.620.350.52
0.230.960.0-0.880.9-0.420.8-0.990.690.88-0.24-0.791.00.470.88-0.060.940.931.00.97-0.610.720.930.890.97
0.330.950.08-0.960.83-0.360.96-0.890.810.98-0.15-0.990.850.410.880.10.940.970.90.91-0.640.960.880.980.95
-0.010.04-0.04-0.23-0.38-0.010.110.120.10.120.07-0.16-0.090.74-0.060.10.05-0.130.010.18-0.470.220.060.080.13
0.250.920.01-0.960.86-0.450.84-0.970.690.88-0.22-0.890.920.550.940.940.050.940.940.92-0.790.810.990.90.94
0.320.960.07-0.910.93-0.380.92-0.950.780.95-0.19-0.930.920.280.930.97-0.130.940.940.91-0.550.880.890.970.94
0.240.970.01-0.910.88-0.420.83-0.980.720.9-0.23-0.830.990.51.00.90.010.940.940.98-0.630.760.940.920.98
0.250.970.01-0.930.8-0.40.86-0.930.750.93-0.2-0.860.950.580.970.910.180.920.910.98-0.660.810.910.930.99
-0.08-0.570.070.78-0.430.41-0.480.66-0.37-0.530.170.61-0.6-0.87-0.61-0.64-0.47-0.79-0.55-0.63-0.66-0.52-0.83-0.53-0.65
0.370.860.12-0.890.67-0.270.97-0.720.820.96-0.07-0.990.680.320.720.960.220.810.880.760.81-0.520.720.950.86
0.20.89-0.02-0.930.84-0.470.76-0.960.620.82-0.24-0.820.930.620.930.880.060.990.890.940.91-0.830.720.830.92
0.340.970.09-0.930.83-0.330.97-0.880.841.0-0.15-0.970.870.350.890.980.080.90.970.920.93-0.530.950.830.96
0.280.990.03-0.950.83-0.40.9-0.940.780.96-0.2-0.90.950.520.970.950.130.940.940.980.99-0.650.860.920.96
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Blade Air Account Relationship Matchups

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