Blade Total Current Assets vs Common Stock 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 Total Current Assets and its Common Stock 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.

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blade Air's Total Current Assets and Common Stock is 0.11. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock 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 Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Blade Air Mobility are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Blade Air's Total Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock

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
Click cells to compare fundamentals

Blade Air Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Blade Stock Analysis

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.