Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blade Air Mobility's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $236.6 Mil. Blade Air Mobility's Total Assets for the quarter that ended in Mar. 2024 was $282.8 Mil.
Therefore, Blade Air Mobility's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.84.
The historical rank and industry rank for Blade Air Mobility's Equity-to-Asset or its related term are showing as below:
BLDE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.85 Max: 0.9
Current: 0.84
During the past 5 years, the highest Equity to Asset Ratio of Blade Air Mobility was 0.90. The lowest was 0.63. And the median was 0.85.
BLDE's Equity-to-Asset is ranked better than 95.2% of 980
companies
in the Transportation industry
Industry Median: 0.49
vs BLDE: 0.84
Blade Air Mobility Equity-to-Asset Historical Data
The historical data trend for Blade Air Mobility's Equity-to-Asset 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.
Competitive Comparison of Blade Air Mobility's Equity-to-Asset
For the Airports & Air Services subindustry, Blade Air Mobility's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Blade Air Mobility's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blade Air Mobility's Equity-to-Asset falls into.
Blade Air Mobility Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Blade Air Mobility's Equity to Asset Ratio for the fiscal year 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) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Blade Air Mobility Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Blade Air Mobility's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Blade Air Mobility (Blade Air Mobility) Business Description
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.
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