BLDE (Blade Air Mobility) Interest Expense : $0.0 Mil (TTM As of Sep. 2024)

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What is Blade Air Mobility Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blade Air Mobility's interest expense for the three months ended in Sep. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Blade Air Mobility's Operating Income for the three months ended in Sep. 2024 was $ -3.5 Mil. Blade Air Mobility's Interest Expense for the three months ended in Sep. 2024 was $ 0.0 Mil. GuruFocus does not calculate Blade Air Mobility's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Blade Air Mobility Interest Expense Historical Data

The historical data trend for Blade Air Mobility's Interest Expense 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 Interest Expense Chart

Blade Air Mobility Annual Data

Trend

Sep19

Sep20

Sep21

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Dec23

Interest Expense

Blade Air Mobility Quarterly Data
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Interest Expense	Get a 7-Day Free Trial												-	-	-	-	-

Blade Air Mobility Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Blade Air Mobility (NAS:BLDE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Blade Air Mobility's Interest Expense for the three months ended in Sep. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $19.3 Mil.

Blade Air Mobility's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate Blade Air Mobility's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Blade Air Mobility Inc has enough cash to cover all of its debt. Its financial situation is stable.

Blade Air Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blade Air Mobility Inc (NAS:BLDE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hudson Yards, 14th Floor, New York, NY, USA, 10001

Website

https://www.blade.com

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