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BLDE (Blade Air Mobility) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)


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What is Blade Air Mobility Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Blade Air Mobility's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.0 Mil. Blade Air Mobility's average total debt for the quarter that ended in Sep. 2024 was $22.9 Mil. Therefore, Blade Air Mobility's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


Blade Air Mobility Effective Interest Rate on Debt % Historical Data

The historical data trend for Blade Air Mobility's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Blade Air Mobility Annual Data
Trend Sep19 Sep20 Sep21 Dec22 Dec23
Effective Interest Rate on Debt %
- - - - -

Blade Air Mobility Quarterly Data
Sep19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Blade Air Mobility's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, Blade Air Mobility's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Blade Air Mobility's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Blade Air Mobility's Effective Interest Rate on Debt % falls into.



Blade Air Mobility Effective Interest Rate on Debt % Calculation

Blade Air Mobility's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (18.332+24.525)/ 2 )
=-1  *  0/21.4285
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.97 + 3.362
=18.332

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.738 + 4.787
=24.525

Blade Air Mobility's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  0/( (22.009+23.743)/ 2 )
=-1  *  0/22.876
=0.00 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.864 + 4.145
=22.009

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.271 + 4.472
=23.743

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Blade Air Mobility  (NAS:BLDE) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Blade Air Mobility Effective Interest Rate on Debt % Related Terms

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Blade Air Mobility Business Description

Industry
Traded in Other Exchanges
N/A
Address
55 Hudson Yards, 14th Floor, New York, NY, USA, 10001
Blade Air Mobility Inc is a technology-powered air mobility platform that provides air transportation and logistics for hospitals and is a transporter of human organs for transplant, and for passengers, with helicopter and fixed-wing services predominantly in the Northeast United States, Southern Europe and Western Canada. The company's operating segments are; Passenger, and Medical. Majority of the revenue for the company is generated from its Medical segment which predominantly consists of transportation of human organs for transplant and the medical teams supporting these services. It also offers additional services including donor logistics coordination and support in evaluating potential donor organs. A substantial portion of the company's revenue is generated from the United States.
Executives
Amir Cohen officer: Chief Accounting Officer C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
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
Robert S Wiesenthal director, officer: Chief Executive Officer C/O SONY CORP OF AMERICA, 550 MADISON AVE, NEW YORK NY 10022
John Borthwick director C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Seth J Bacon officer: CEO, Trinity Air Medical C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Eric Affeldt director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
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