1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Blade Air Mobility's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 74.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Blade Air Mobility's 1-Year ROIIC % or its related term are showing as below:
BLDE's 1-Year ROIIC % is ranked better than 80.67% of 890
companies
in the Transportation industry
Industry Median: 2.56
vs BLDE: 74.55
Blade Air Mobility 1-Year ROIIC % Historical Data
The historical data trend for Blade Air Mobility's 1-Year ROIIC % 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 1-Year ROIIC %
For the Airports & Air Services subindustry, Blade Air Mobility's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Blade Air Mobility's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Blade Air Mobility's 1-Year ROIIC % falls into.
Blade Air Mobility 1-Year ROIIC % Calculation
Blade Air Mobility's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -61.2592 (Mar. 2024) - -51.4836 (Mar. 2023) )
/
( 120.983 (Mar. 2024) - 134.095 (Mar. 2023) )
=
-9.7756
/
-13.112
=
74.55%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Blade Air Mobility (NAS:BLDE) 1-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Blade Air Mobility 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Blade Air Mobility's 1-Year ROIIC % 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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