The historical rank and industry rank for Blade Air Mobility's Net Cash per Share or its related term are showing as below:
BLDE'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.42 Med: 2.31 Max: 2.9
Current: 2.57
During the past 5 years, the highest Price-to-Net-Cash Ratio of Blade Air Mobility was 2.90. The lowest was 1.42. And the median was 2.31.
BLDE's Price-to-Net-Cash is ranked better than 75.23% of 109
companies
in the Transportation industry
Industry Median: 7.19
vs BLDE: 2.57
Blade Air Mobility Net Cash per Share Historical Data
The historical data trend for Blade Air Mobility's Net Cash per Share 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 Net Cash per Share
For the Airports & Air Services subindustry, Blade Air Mobility's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Blade Air Mobility's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Blade Air Mobility's Price-to-Net-Cash falls into.
Blade Air Mobility Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Blade Air Mobility's Net Cash per Share 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) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Blade Air Mobility Net Cash per Share Related Terms
Thank you for viewing the detailed overview of Blade Air Mobility's Net Cash per Share 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLDE has been successfully added to your 