Ryder System Stock Current Asset
| R Stock | USD 165.67 4.46 2.77% |
Ryder System fundamentals help investors to digest information that contributes to Ryder System's financial success or failures. It also enables traders to predict the movement of Ryder Stock. The fundamental analysis module provides a way to measure Ryder System's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ryder System stock.
As of 11/24/2024, Other Current Assets is likely to grow to about 586.3 M, while Non Current Assets Total are likely to drop slightly above 7 B. Ryder | Current Asset |
Ryder System Company Current Asset Analysis
Ryder System's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Ryder System Current Asset | 1.02 B |
Most of Ryder System's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ryder System is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ryder Current Asset Historical Pattern
Today, most investors in Ryder System Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ryder System's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ryder System current asset as a starting point in their analysis.
Ryder System Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Ryder Total Assets
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In accordance with the recently published financial statements, Ryder System has a Current Asset of 1.02 B. This is 15.19% lower than that of the Ground Transportation sector and 7.47% lower than that of the Industrials industry. The current asset for all United States stocks is 89.03% higher than that of the company.
Ryder Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ryder System's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ryder System could also be used in its relative valuation, which is a method of valuing Ryder System by comparing valuation metrics of similar companies.Ryder System is currently under evaluation in current asset category among its peers.
Ryder System ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ryder System's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ryder System's managers, analysts, and investors.Environmental | Governance | Social |
Ryder Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0305 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 15.6 B | ||||
| Shares Outstanding | 42.29 M | ||||
| Shares Owned By Insiders | 2.25 % | ||||
| Shares Owned By Institutions | 90.57 % | ||||
| Number Of Shares Shorted | 715.38 K | ||||
| Price To Earning | 5.75 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 0.56 X | ||||
| Revenue | 11.78 B | ||||
| Gross Profit | 2.39 B | ||||
| EBITDA | 2.93 B | ||||
| Net Income | 406 M | ||||
| Cash And Equivalents | 267 M | ||||
| Cash Per Share | 9.08 X | ||||
| Total Debt | 8.15 B | ||||
| Debt To Equity | 2.32 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | 72.26 X | ||||
| Cash Flow From Operations | 2.35 B | ||||
| Short Ratio | 2.72 X | ||||
| Earnings Per Share | 10.69 X | ||||
| Price To Earnings To Growth | 1.22 X | ||||
| Target Price | 153.7 | ||||
| Number Of Employees | 47.5 K | ||||
| Beta | 1.27 | ||||
| Market Capitalization | 7.01 B | ||||
| Total Asset | 15.78 B | ||||
| Retained Earnings | 2.55 B | ||||
| Working Capital | (1.38 B) | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 862.08 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.66 % | ||||
| Net Asset | 15.78 B | ||||
| Last Dividend Paid | 2.94 |
About Ryder System Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ryder System's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ryder System using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ryder System based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ryder System
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 Ryder System 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 Ryder System will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryder Stock
Moving against Ryder Stock
| 0.71 | YAYO | Yayyo Inc | PairCorr |
| 0.67 | MWG | Multi Ways Holdings | PairCorr |
| 0.55 | ZCAR | Zoomcar Holdings Symbol Change | PairCorr |
| 0.39 | TRTN-PD | Triton International | PairCorr |
The ability to find closely correlated positions to Ryder System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryder System 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 Ryder System - 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 Ryder System to buy it.
The correlation of Ryder System 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 Ryder System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryder System 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 Ryder System 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 Ryder Stock Analysis
When running Ryder System's price analysis, check to measure Ryder System'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 Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.