Ryman Gross Profit from 2010 to 2024
RHP Stock | USD 113.77 1.64 1.46% |
Gross Profit | First Reported 1996-03-31 | Previous Quarter 178.5 M | Current Value 377.8 M | Quarterly Volatility 55.6 M |
Check Ryman Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ryman Hospitality's main balance sheet or income statement drivers, such as Depreciation And Amortization of 234 M, Interest Expense of 221.9 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0365 or PTB Ratio of 11.73. Ryman financial statements analysis is a perfect complement when working with Ryman Hospitality Valuation or Volatility modules.
Ryman | Gross Profit |
Latest Ryman Hospitality's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Ryman Hospitality Properties over the last few years. Gross profit is a required income statement account that reflects total revenue of Ryman Hospitality Properties minus its cost of goods sold. It is profit before Ryman Hospitality operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ryman Hospitality's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ryman Hospitality's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 623.88 M | 10 Years Trend |
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Gross Profit |
Timeline |
Ryman Gross Profit Regression Statistics
Arithmetic Mean | 381,523,663 | |
Coefficient Of Variation | 48.45 | |
Mean Deviation | 132,170,574 | |
Median | 367,450,000 | |
Standard Deviation | 184,856,188 | |
Sample Variance | 34171.8T | |
Range | 726.2M | |
R-Value | 0.40 | |
Mean Square Error | 31053.4T | |
R-Squared | 0.16 | |
Significance | 0.14 | |
Slope | 16,334,738 | |
Total Sum of Squares | 478405.3T |
Ryman Gross Profit History
Other Fundumenentals of Ryman Hospitality
Ryman Hospitality Gross Profit component correlations
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About Ryman Hospitality Financial Statements
Ryman Hospitality shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Ryman Hospitality investors may analyze each financial statement separately, they are all interrelated. The changes in Ryman Hospitality's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ryman Hospitality's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Gross Profit | 666.2 M | 699.5 M | |
Gross Profit Margin | 0.36 | 0.36 |
Pair Trading with Ryman Hospitality
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryman Hospitality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryman Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryman Stock
Moving against Ryman Stock
0.73 | NTST | Netstreit Corp | PairCorr |
0.62 | HPP | Hudson Pacific Properties Downward Rally | PairCorr |
0.43 | NNN | National Retail Prop | PairCorr |
0.41 | O | Realty Income | PairCorr |
The ability to find closely correlated positions to Ryman Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryman Hospitality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryman Hospitality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryman Hospitality Properties to buy it.
The correlation of Ryman Hospitality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryman Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryman Hospitality moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryman Hospitality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ryman Stock Analysis
When running Ryman Hospitality's price analysis, check to measure Ryman Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ryman Hospitality is operating at the current time. Most of Ryman Hospitality's value examination focuses on studying past and present price action to predict the probability of Ryman Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryman Hospitality's price. Additionally, you may evaluate how the addition of Ryman Hospitality to your portfolios can decrease your overall portfolio volatility.