Blade Cash And Short Term Investments vs Non Current Assets Total Analysis

BLDEW Stock

USD 0.40 0.07 21.21%

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 Cash And Short Term Investments and its Non Current Assets Total 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.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Blade Air's Cash And Short Term Investments and Non Current Assets Total is -0.23. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total 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 Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Blade Air Mobility are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Blade Air's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Blade Air Mobility balance sheet. This account contains Blade Air investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blade Air Mobility fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.

At this time, Blade Air's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 241.9 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

Interest Income Net Interest Income

Blade Air fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Capital Surpluse	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		0.17	0.97	-0.13	0.05	0.84	0.5	-0.23	-0.18	0.39	0.87	-0.35	0.2	-0.25	0.23	0.32	-0.12	0.25	0.32	0.24	0.25	-0.08	0.37	0.2	0.34	0.29
Total Current Liabilities	0.17		-0.08	-0.94	0.89	-0.33	0.9	-0.94	0.86	0.96	-0.32	-0.9	0.89	-0.93	0.96	0.98	-0.75	0.92	0.96	0.97	0.97	-0.57	0.86	0.89	0.97	0.99
Total Stockholder Equity	0.97	-0.08		0.12	-0.17	0.94	0.26	-0.01	-0.42	0.14	0.96	-0.1	-0.02	-0.02	0.0	0.07	0.05	0.01	0.07	0.01	0.01	0.07	0.12	-0.02	0.09	0.04
Retained Earnings	-0.13	-0.94	0.12		-0.8	0.35	-0.87	0.89	-0.83	-0.92	0.33	0.94	-0.91	0.91	-0.88	-0.95	0.71	-0.96	-0.91	-0.91	-0.93	0.78	-0.89	-0.93	-0.93	-0.95
Cash	0.05	0.89	-0.17	-0.8		-0.47	0.73	-0.93	0.76	0.79	-0.43	-0.75	0.87	-0.93	0.9	0.82	-0.88	0.86	0.93	0.88	0.8	-0.43	0.67	0.84	0.83	0.84
Cash And Short Term Investments	0.84	-0.33	0.94	0.35	-0.47		0.0	0.26	-0.62	-0.12	0.99	0.16	-0.26	0.26	-0.24	-0.18	0.29	-0.25	-0.23	-0.23	-0.2	0.17	-0.12	-0.25	-0.18	-0.2
Common Stock Shares Outstanding	0.5	0.9	0.26	-0.87	0.73	0.0		-0.8	0.75	0.99	0.04	-0.97	0.75	-0.83	0.81	0.96	-0.54	0.84	0.92	0.84	0.87	-0.49	0.97	0.76	0.98	0.92
Short Term Investments	-0.23	-0.94	-0.01	0.89	-0.93	0.26	-0.8		-0.67	-0.86	0.24	0.81	-0.98	0.99	-0.99	-0.9	0.93	-0.97	-0.95	-0.98	-0.93	0.66	-0.72	-0.96	-0.88	-0.95
Capital Surpluse	-0.18	0.86	-0.42	-0.83	0.76	-0.62	0.75	-0.67		0.81	-0.6	-0.81	0.62	-0.69	0.69	0.82	-0.44	0.69	0.78	0.72	0.75	-0.37	0.82	0.62	0.84	0.79
Total Liab	0.39	0.96	0.14	-0.92	0.79	-0.12	0.99	-0.86	0.81		-0.09	-0.97	0.81	-0.87	0.88	0.99	-0.61	0.88	0.95	0.9	0.93	-0.53	0.96	0.82	1.0	0.97
Total Current Assets	0.87	-0.32	0.96	0.33	-0.43	0.99	0.04	0.24	-0.6	-0.09		0.11	-0.25	0.23	-0.24	-0.16	0.28	-0.22	-0.19	-0.23	-0.2	0.17	-0.07	-0.24	-0.15	-0.19
Common Stock	-0.35	-0.9	-0.1	0.94	-0.75	0.16	-0.97	0.81	-0.81	-0.97	0.11		-0.8	0.86	-0.79	-0.96	0.57	-0.89	-0.93	-0.83	-0.86	0.61	-0.99	-0.82	-0.97	-0.91
Short Long Term Debt Total	0.2	0.89	-0.02	-0.91	0.87	-0.26	0.75	-0.98	0.62	0.81	-0.25	-0.8		-0.98	0.94	0.86	-0.92	0.99	0.9	0.94	0.9	-0.8	0.7	1.0	0.83	0.91
Other Current Liab	-0.25	-0.93	-0.02	0.91	-0.93	0.26	-0.83	0.99	-0.69	-0.87	0.23	0.86	-0.98		-0.95	-0.91	0.91	-0.98	-0.97	-0.95	-0.9	0.68	-0.77	-0.97	-0.89	-0.94
Property Plant And Equipment Net	0.23	0.96	0.0	-0.88	0.9	-0.24	0.81	-0.99	0.69	0.88	-0.24	-0.79	0.94	-0.95		0.92	-0.89	0.94	0.93	1.0	0.97	-0.61	0.72	0.93	0.89	0.96
Current Deferred Revenue	0.32	0.98	0.07	-0.95	0.82	-0.18	0.96	-0.9	0.82	0.99	-0.16	-0.96	0.86	-0.91	0.92		-0.68	0.92	0.96	0.94	0.96	-0.59	0.93	0.87	1.0	0.99
Net Debt	-0.12	-0.75	0.05	0.71	-0.88	0.29	-0.54	0.93	-0.44	-0.61	0.28	0.57	-0.92	0.91	-0.89	-0.68		-0.86	-0.8	-0.85	-0.76	0.61	-0.43	-0.9	-0.65	-0.76
Accounts Payable	0.25	0.92	0.01	-0.96	0.86	-0.25	0.84	-0.97	0.69	0.88	-0.22	-0.89	0.99	-0.98	0.94	0.92	-0.86		0.94	0.94	0.92	-0.79	0.81	0.99	0.9	0.95
Non Current Assets Total	0.32	0.96	0.07	-0.91	0.93	-0.23	0.92	-0.95	0.78	0.95	-0.19	-0.93	0.9	-0.97	0.93	0.96	-0.8	0.94		0.94	0.91	-0.55	0.88	0.89	0.97	0.95
Non Currrent Assets Other	0.24	0.97	0.01	-0.91	0.88	-0.23	0.84	-0.98	0.72	0.9	-0.23	-0.83	0.94	-0.95	1.0	0.94	-0.85	0.94	0.94		0.98	-0.63	0.76	0.94	0.92	0.98
Net Receivables	0.25	0.97	0.01	-0.93	0.8	-0.2	0.87	-0.93	0.75	0.93	-0.2	-0.86	0.9	-0.9	0.97	0.96	-0.76	0.92	0.91	0.98		-0.66	0.81	0.91	0.93	0.99
Common Stock Total Equity	-0.08	-0.57	0.07	0.78	-0.43	0.17	-0.49	0.66	-0.37	-0.53	0.17	0.61	-0.8	0.68	-0.61	-0.59	0.61	-0.79	-0.55	-0.63	-0.66		-0.52	-0.83	-0.53	-0.64
Non Current Liabilities Total	0.37	0.86	0.12	-0.89	0.67	-0.12	0.97	-0.72	0.82	0.96	-0.07	-0.99	0.7	-0.77	0.72	0.93	-0.43	0.81	0.88	0.76	0.81	-0.52		0.72	0.95	0.87
Capital Lease Obligations	0.2	0.89	-0.02	-0.93	0.84	-0.25	0.76	-0.96	0.62	0.82	-0.24	-0.82	1.0	-0.97	0.93	0.87	-0.9	0.99	0.89	0.94	0.91	-0.83	0.72		0.83	0.92
Inventory	0.34	0.97	0.09	-0.93	0.83	-0.18	0.98	-0.88	0.84	1.0	-0.15	-0.97	0.83	-0.89	0.89	1.0	-0.65	0.9	0.97	0.92	0.93	-0.53	0.95	0.83		0.97
Other Current Assets	0.29	0.99	0.04	-0.95	0.84	-0.2	0.92	-0.95	0.79	0.97	-0.19	-0.91	0.91	-0.94	0.96	0.99	-0.76	0.95	0.95	0.98	0.99	-0.64	0.87	0.92	0.97

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Blade Air Account Relationship Matchups

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Blade Cash And Short Term Investments vs Non Current Assets Total Analysis

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Non Current Assets Total

Blade Air fundamental ratios Correlations

Blade Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Blade Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 1.0	Total Liab
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Non Currrent Assets Other	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Current Deferred Revenue
Other Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash And Short Term Investments

Non Current Liabilities Total	- 0.99	Common Stock
Property Plant And Equipment Net	- 0.99	Short Term Investments
Accounts Payable	- 0.98	Other Current Liab
Other Current Liab	- 0.98	Short Long Term Debt Total
Non Currrent Assets Other	- 0.98	Short Term Investments
Short Long Term Debt Total	- 0.98	Short Term Investments