Blade Air Mobility Stock Piotroski F Score

BLDEW Stock  USD 0.33  0.02  6.45%   
This module uses fundamental data of Blade Air to approximate its Piotroski F score. Blade Air F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Blade Air Mobility. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Blade Air financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Blade Air Altman Z Score, Blade Air Correlation, Blade Air Valuation, as well as analyze Blade Air Alpha and Beta and Blade Air Hype Analysis.
  
At this time, Blade Air's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt To EBITDA is likely to climb to 0.69 in 2024, whereas Short and Long Term Debt is likely to drop slightly above 932 K in 2024. At this time, Blade Air's Receivables Turnover is fairly stable compared to the past year. Debt To Equity is likely to climb to 0.09 in 2024, whereas PTB Ratio is likely to drop 1.02 in 2024.
At this time, it appears that Blade Air's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Blade Air Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Blade Air is to make sure Blade is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Blade Air's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Blade Air's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.560.52
Significantly Up
Slightly volatile
Gross Profit Margin0.120.14
Fairly Down
Slightly volatile
Total Current Liabilities18 M35.5 M
Way Down
Slightly volatile
Non Current Liabilities Total22.3 M25.1 M
Fairly Down
Slightly volatile
Total Assets275 M294.9 M
Significantly Down
Very volatile
Total Current Assets222.2 M206.3 M
Significantly Up
Slightly volatile

Blade Air Mobility F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Blade Air's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Blade Air in a much-optimized way.

About Blade Air Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

5.47

At this time, Blade Air's Book Value Per Share is fairly stable compared to the past year.

About Blade Air Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blade Air Mobility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blade Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blade Air Mobility based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.