Blade Price To Sales Ratio vs Days Sales Outstanding 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 Price To Sales Ratio and its Days Sales Outstanding 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.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blade Air's Price To Sales Ratio and Days Sales Outstanding is 0.59. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding 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 Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Blade Air Mobility are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Blade Air's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Blade Air Mobility stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blade Air sales, a figure that is much harder to manipulate than other Blade Air Mobility multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

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 Income460K3.4M8.4M5.7M
Net Interest Income460K3.4M8.4M8.9M

Blade Air fundamental ratios Correlations

0.170.97-0.130.050.840.5-0.23-0.180.390.87-0.350.2-0.250.230.32-0.120.250.320.240.25-0.080.370.20.340.29
0.17-0.08-0.940.89-0.330.9-0.940.860.96-0.32-0.90.89-0.930.960.98-0.750.920.960.970.97-0.570.860.890.970.99
0.97-0.080.12-0.170.940.26-0.01-0.420.140.96-0.1-0.02-0.020.00.070.050.010.070.010.010.070.12-0.020.090.04
-0.13-0.940.12-0.80.35-0.870.89-0.83-0.920.330.94-0.910.91-0.88-0.950.71-0.96-0.91-0.91-0.930.78-0.89-0.93-0.93-0.95
0.050.89-0.17-0.8-0.470.73-0.930.760.79-0.43-0.750.87-0.930.90.82-0.880.860.930.880.8-0.430.670.840.830.84
0.84-0.330.940.35-0.470.00.26-0.62-0.120.990.16-0.260.26-0.24-0.180.29-0.25-0.23-0.23-0.20.17-0.12-0.25-0.18-0.2
0.50.90.26-0.870.730.0-0.80.750.990.04-0.970.75-0.830.810.96-0.540.840.920.840.87-0.490.970.760.980.92
-0.23-0.94-0.010.89-0.930.26-0.8-0.67-0.860.240.81-0.980.99-0.99-0.90.93-0.97-0.95-0.98-0.930.66-0.72-0.96-0.88-0.95
-0.180.86-0.42-0.830.76-0.620.75-0.670.81-0.6-0.810.62-0.690.690.82-0.440.690.780.720.75-0.370.820.620.840.79
0.390.960.14-0.920.79-0.120.99-0.860.81-0.09-0.970.81-0.870.880.99-0.610.880.950.90.93-0.530.960.821.00.97
0.87-0.320.960.33-0.430.990.040.24-0.6-0.090.11-0.250.23-0.24-0.160.28-0.22-0.19-0.23-0.20.17-0.07-0.24-0.15-0.19
-0.35-0.9-0.10.94-0.750.16-0.970.81-0.81-0.970.11-0.80.86-0.79-0.960.57-0.89-0.93-0.83-0.860.61-0.99-0.82-0.97-0.91
0.20.89-0.02-0.910.87-0.260.75-0.980.620.81-0.25-0.8-0.980.940.86-0.920.990.90.940.9-0.80.71.00.830.91
-0.25-0.93-0.020.91-0.930.26-0.830.99-0.69-0.870.230.86-0.98-0.95-0.910.91-0.98-0.97-0.95-0.90.68-0.77-0.97-0.89-0.94
0.230.960.0-0.880.9-0.240.81-0.990.690.88-0.24-0.790.94-0.950.92-0.890.940.931.00.97-0.610.720.930.890.96
0.320.980.07-0.950.82-0.180.96-0.90.820.99-0.16-0.960.86-0.910.92-0.680.920.960.940.96-0.590.930.871.00.99
-0.12-0.750.050.71-0.880.29-0.540.93-0.44-0.610.280.57-0.920.91-0.89-0.68-0.86-0.8-0.85-0.760.61-0.43-0.9-0.65-0.76
0.250.920.01-0.960.86-0.250.84-0.970.690.88-0.22-0.890.99-0.980.940.92-0.860.940.940.92-0.790.810.990.90.95
0.320.960.07-0.910.93-0.230.92-0.950.780.95-0.19-0.930.9-0.970.930.96-0.80.940.940.91-0.550.880.890.970.95
0.240.970.01-0.910.88-0.230.84-0.980.720.9-0.23-0.830.94-0.951.00.94-0.850.940.940.98-0.630.760.940.920.98
0.250.970.01-0.930.8-0.20.87-0.930.750.93-0.2-0.860.9-0.90.970.96-0.760.920.910.98-0.660.810.910.930.99
-0.08-0.570.070.78-0.430.17-0.490.66-0.37-0.530.170.61-0.80.68-0.61-0.590.61-0.79-0.55-0.63-0.66-0.52-0.83-0.53-0.64
0.370.860.12-0.890.67-0.120.97-0.720.820.96-0.07-0.990.7-0.770.720.93-0.430.810.880.760.81-0.520.720.950.87
0.20.89-0.02-0.930.84-0.250.76-0.960.620.82-0.24-0.821.0-0.970.930.87-0.90.990.890.940.91-0.830.720.830.92
0.340.970.09-0.930.83-0.180.98-0.880.841.0-0.15-0.970.83-0.890.891.0-0.650.90.970.920.93-0.530.950.830.97
0.290.990.04-0.950.84-0.20.92-0.950.790.97-0.19-0.910.91-0.940.960.99-0.760.950.950.980.99-0.640.870.920.97
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Blade Air Account Relationship Matchups

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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.