Blade Air Mobility (Blade Air Mobility) Debt-to-Asset : 0.09 (As of Mar. 2024)

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What is Blade Air Mobility Debt-to-Asset?

Blade Air Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.43 Mil. Blade Air Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $21.10 Mil. Blade Air Mobility's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $282.79 Mil. Blade Air Mobility's debt to asset for the quarter that ended in Mar. 2024 was 0.09.

Blade Air Mobility Debt-to-Asset Historical Data

The historical data trend for Blade Air Mobility's Debt-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.

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Blade Air Mobility Debt-to-Asset Chart

Blade Air Mobility Annual Data

Trend

Sep19

Sep20

Sep21

Dec22

Dec23

Debt-to-Asset

0.11

0.06

0.08

Blade Air Mobility Quarterly Data
	Sep19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial										0.08	0.08	0.08	0.08	0.09

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

For the Airports & Air Services subindustry, Blade Air Mobility's Debt-to-Asset, along with its competitors' market caps and Debt-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 Debt-to-Asset Distribution in the Transportation Industry

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

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

Blade Air Mobility Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.787	+	19.738)	/	294.938
	=	0.08

Blade Air Mobility's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.428	+	21.101)	/	282.792
	=	0.09

Blade Air Mobility (NAS:BLDEW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Blade Air Mobility Debt-to-Asset Related Terms

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Blade Air Mobility (Blade Air Mobility) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BLDE:USA

Address

55 Hudson Yards, 14th Floor, New York, NY, USA, 10016

Website

https://www.blade.com

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.