Blade Capital Stock vs Net Working Capital Analysis
BLDEW Stock | USD 0.48 0.02 4.35% |
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 Capital Stock and its Net Working Capital 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.
Capital Stock vs Net Working Capital
Capital Stock vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blade Air's Capital Stock and Net Working Capital is 0.93. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital 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 Capital Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Blade Air Mobility are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., Blade Air's Capital Stock and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Net Working Capital
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 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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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.