Blade Cash vs Net Receivables Analysis
| BLDE Stock | USD 4.74 0.35 7.97% |
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 Cash and its Net Receivables 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.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Cash account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blade Air's Cash and Net Receivables is 0.74. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables 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 Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Blade Air Mobility are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Blade Air's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Blade Air Mobility, which is listed under current asset account on Blade Air Mobility balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blade Air customers. The amounts must be unrestricted with restricted cash listed in a different Blade Air account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Receivables
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 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.