Blade Cash Ratio from 2010 to 2024

BLDEW Stock  USD 0.49  0.04  8.89%   
Blade Air Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Blade Air Cash Ratio regression line of quarterly data had mean square error of  0.26 and geometric mean of  1.29. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.78535403
Current Value
1.24
Quarterly Volatility
0.63600577
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blade Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blade Air's main balance sheet or income statement drivers, such as Net Interest Income of 8.9 M, Interest Income of 5.7 M or Depreciation And Amortization of 7.5 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0 or PTB Ratio of 1.05. Blade financial statements analysis is a perfect complement when working with Blade Air Valuation or Volatility modules.
  
Check out the analysis of Blade Air Correlation against competitors.

Latest Blade Air's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Blade Air Mobility over the last few years. It is Blade Air's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blade Air's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Blade Cash Ratio Regression Statistics

Arithmetic Mean1.55
Geometric Mean1.29
Coefficient Of Variation41.07
Mean Deviation0.50
Median1.92
Standard Deviation0.64
Sample Variance0.40
Range1.7141
R-Value(0.63)
Mean Square Error0.26
R-Squared0.39
Significance0.01
Slope(0.09)
Total Sum of Squares5.66

Blade Cash Ratio History

2024 1.24
2023 0.79
2022 1.63
2020 0.2

About Blade Air Financial Statements

Blade Air investors use historical fundamental indicators, such as Blade Air's Cash Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Blade Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.79  1.24 

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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.