GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blade Air Mobility Inc (NAS:BLDE) » Definitions » Debt-to-Equity

Blade Air Mobility (Blade Air Mobility) Debt-to-Equity : 0.11 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Blade Air Mobility Debt-to-Equity?

Blade Air Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.8 Mil. Blade Air Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.7 Mil. Blade Air Mobility's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $234.3 Mil. Blade Air Mobility's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Blade Air Mobility's Debt-to-Equity or its related term are showing as below:

BLDE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.09   Max: 0.17
Current: 0.11

During the past 5 years, the highest Debt-to-Equity Ratio of Blade Air Mobility was 0.17. The lowest was 0.00. And the median was 0.09.

BLDE's Debt-to-Equity is ranked better than
87.64% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs BLDE: 0.11

Blade Air Mobility Debt-to-Equity Historical Data

The historical data trend for Blade Air Mobility's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blade Air Mobility Debt-to-Equity Chart

Blade Air Mobility Annual Data
Trend Sep19 Sep20 Sep21 Dec22 Dec23
Debt-to-Equity
N/A 0.17 - 0.07 0.11

Blade Air Mobility Quarterly Data
Sep19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.09 0.09 0.09 0.11

Competitive Comparison of Blade Air Mobility's Debt-to-Equity

For the Airports & Air Services subindustry, Blade Air Mobility's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blade Air Mobility's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Blade Air Mobility's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Blade Air Mobility's Debt-to-Equity falls into.



Blade Air Mobility Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blade Air Mobility's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Blade Air Mobility's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blade Air Mobility  (NAS:BLDE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Blade Air Mobility Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Blade Air Mobility's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Blade Air Mobility (Blade Air Mobility) Business Description

Traded in Other Exchanges
N/A
Address
55 Hudson Yards, 14th Floor, New York, NY, USA, 10016
Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.
Executives
Seth J Bacon officer: CEO, Trinity Air Medical C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Robert S Wiesenthal director, officer: Chief Executive Officer C/O SONY CORP OF AMERICA, 550 MADISON AVE, NEW YORK NY 10022
William A. Heyburn officer: Chief Financial Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Melissa M. Tomkiel officer: President and General Counsel C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Amir Cohen officer: Chief Accounting Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Eric Affeldt director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
John Borthwick director C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Andrew Lauck director 667 MADISON AVE, 16TH FLOOR, NEW YORK NY 10065
Brandon A. Keene officer: Chief Technology Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Anatoli Arkhipenko officer: Chief Technology Officer 145 PARK PL, APT 5G, BROOKLYN NY 11217
Kenneth B Lerer director
Edward M Philip director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Susan M Lyne director 11 WEST 42ND STREET, NEW YORK NY 10036
Jane C Garvey director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666

Blade Air Mobility (Blade Air Mobility) Headlines

From GuruFocus

Blade Air Mobility to Present at Upcoming Investor Conferences

By Value_Insider Value_Insider 11-22-2022

Blade Air Mobility to Present at the 2023 Jefferies eVTOL Summit

By sperokesalga sperokesalga 03-24-2023