Blade Air Mobility Inc
Blade Air Mobility, Inc. provides air transportation and logistics services for hospitals in the United States and internationally. The company operates in Passenger and Medical segments. It operates helicopter and amphibious seaplane flights in the United States and Europe; offers non-medical jet charter services; and transports human organs for transplant and/or the medical teams, as well as of… Read more
Blade Air Mobility Inc (BLDE) - Net Assets
Latest net assets as of June 2025: $223.10 Million USD
Based on the latest financial reports, Blade Air Mobility Inc (BLDE) has net assets worth $223.10 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($257.92 Million) and total liabilities ($34.82 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $223.10 Million |
| % of Total Assets | 86.5% |
| Annual Growth Rate | 113.46% |
| 5-Year Change | 1903.05% |
| 10-Year Change | N/A |
| Growth Volatility | 1003.56 |
Blade Air Mobility Inc - Net Assets Trend (2019–2024)
This chart illustrates how Blade Air Mobility Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Blade Air Mobility Inc (2019–2024)
The table below shows the annual net assets of Blade Air Mobility Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $221.94 Million | -5.28% |
| 2023-12-31 | $234.30 Million | -14.64% |
| 2022-12-31 | $274.49 Million | -5.79% |
| 2021-12-31 | $291.37 Million | +2529.70% |
| 2020-12-31 | $11.08 Million | +121.60% |
| 2019-12-31 | $5.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blade Air Mobility Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 23915.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.00K | 0.00% |
| Other Comprehensive Income | $1.75 Million | 0.79% |
| Other Components | $407.08 Million | 183.42% |
| Total Equity | $221.94 Million | 100.00% |
Blade Air Mobility Inc Competitors by Market Cap
The table below lists competitors of Blade Air Mobility Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paysafe Ltd
NYSE:PSFE
|
$230.38 Million |
|
Broedrene A&O Johansen A/S Pfd.
LSE:0RNT
|
$230.39 Million |
|
Lampsa Hellenic Hotels S.A
AT:LAMPS
|
$230.40 Million |
|
Hailir Pesticides and Chemicals Group Co Ltd
SHG:603639
|
$230.41 Million |
|
National Bankshares Inc
NASDAQ:NKSH
|
$230.29 Million |
|
Lumibird S.A.
LSE:0FRI
|
$230.24 Million |
|
Zhejiang Zoenn Design Co Ltd
SHE:300901
|
$230.20 Million |
|
Jiangsu Newamstar Packaging Machinery Co Ltd
SHE:300509
|
$230.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blade Air Mobility Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 234,300,000 to 221,938,000, a change of -12,362,000 (-5.3%).
- Net loss of 27,307,000 reduced equity.
- Share repurchases of 244,000 reduced equity.
- Other comprehensive income decreased equity by 2,211,000.
- Other factors increased equity by 17,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-27.31 Million | -12.3% |
| Share Repurchases | $244.00K | -0.11% |
| Other Comprehensive Income | $-2.21 Million | -1.0% |
| Other Changes | $17.40 Million | +7.84% |
| Total Change | $- | -5.28% |
Book Value vs Market Value Analysis
This analysis compares Blade Air Mobility Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.49x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.68 | $5.09 | x |
| 2020-12-31 | $0.89 | $5.09 | x |
| 2021-12-31 | $4.16 | $5.09 | x |
| 2022-12-31 | $3.85 | $5.09 | x |
| 2023-12-31 | $3.19 | $5.09 | x |
| 2024-12-31 | $2.86 | $5.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blade Air Mobility Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.98%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.16x
- Recent ROE (-12.30%) is above the historical average (-61.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -216.76% | -34.74% | 0.11x | 55.54x | $-11.34 Million |
| 2020 | -91.70% | -43.36% | 1.32x | 1.60x | $-11.27 Million |
| 2021 | -13.75% | -79.27% | 0.15x | 1.15x | $-69.19 Million |
| 2022 | -9.93% | -18.66% | 0.45x | 1.18x | $-54.71 Million |
| 2023 | -23.93% | -24.90% | 0.76x | 1.26x | $-79.51 Million |
| 2024 | -12.30% | -10.98% | 0.97x | 1.16x | $-49.50 Million |
Industry Comparison
This section compares Blade Air Mobility Inc's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $16,235,294,523
- Average return on equity (ROE) among peers: 8.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blade Air Mobility Inc (BLDE) | $223.10 Million | -216.76% | 0.16x | $230.30 Million |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |