Blade Short Term Investments vs Cash 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 Short Term Investments and its Cash 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.

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Short Term Investments account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Blade Air's Short Term Investments and Cash is -0.93. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash 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 Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Blade Air Mobility are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., Blade Air's Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

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Short Term Investments

Short Term Investments is an item under the current assets section of Blade Air balance sheet. It contains any investments Blade Air Mobility undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blade Air Mobility can easily liquidate in the marketplace.

Cash

Cash refers to the most liquid asset of Blade Air Mobility, which is listed under current asset account on Blade Air Mobility balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blade Air customers. The amounts must be unrestricted with restricted cash listed in a different Blade Air account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Short Term Investments vs Cash Analysis

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Short Term Investments

Cash

Blade Air fundamental ratios Correlations

Blade Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

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