Blade Net Invested Capital vs Net Receivables 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 Net Invested Capital 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 income.

Net Invested Capital vs Net Receivables

Net Invested Capital 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 Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blade Air's Net Invested Capital and Net Receivables is 0.81. Overlapping area represents the amount of variation of Net Invested Capital 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 Net Invested Capital 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 Net Invested Capital 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 Net Invested Capital i.e., Blade Air's Net Invested Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 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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