Ryanair Total Stockholder Equity vs Net Tangible Assets Analysis
0RYA Stock | 1,534 20.00 1.29% |
Ryanair Holdings financial indicator trend analysis is much more than just breaking down Ryanair Holdings plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryanair Holdings plc is a good investment. Please check the relationship between Ryanair Holdings Total Stockholder Equity and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ryanair Holdings plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Stockholder Equity vs Net Tangible Assets
Total Stockholder Equity vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryanair Holdings plc Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ryanair Holdings' Total Stockholder Equity and Net Tangible Assets is 0.84. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ryanair Holdings plc, assuming nothing else is changed. The correlation between historical values of Ryanair Holdings' Total Stockholder Equity and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ryanair Holdings plc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Ryanair Holdings' Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Ryanair Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryanair Holdings plc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ryanair Holdings plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Tax Provision is expected to rise to about 221.4 M this year, although the value of Selling General Administrative will most likely fall to about 640.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 9.3B | 11.4B | 7.8B | Cost Of Revenue | 4.7B | 8.6B | 10.5B | 7.1B |
Ryanair Holdings fundamental ratios Correlations
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Ryanair Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryanair Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.6B | 418.2M | 1.6B | 3.2B | 178.8M | 169.9M | |
Total Current Liabilities | 5.5B | 3.5B | 5.4B | 7.4B | 6.4B | 5.6B | |
Other Liab | 604.2M | 570.6M | 506.1M | 409.8M | 368.8M | 486.8M | |
Net Tangible Assets | 5.1B | 4.8B | 4.5B | 5.4B | 6.2B | 5.3B | |
Retained Earnings | 4.2B | 3.2B | 2.9B | 4.2B | 5.9B | 4.5B | |
Accounts Payable | 1.4B | 336M | 1.0B | 1.1B | 792.2M | 850.8M | |
Other Assets | 270.7M | 432.1M | 174M | 299.5M | 269.6M | 277.9M | |
Net Receivables | 114.3M | 18.6M | 43.5M | 70M | 76.4M | 69.3M | |
Inventory | 3.3M | 3.6M | 4.3M | 6M | 6.2M | 4.7M | |
Other Current Assets | 426.3M | 140.1M | 1.4B | 311.6M | 1.3B | 654.8M | |
Other Stockholder Equity | 306.8M | (75.5M) | 246M | 1.3B | 1.5B | 1.6B | |
Total Current Assets | 4.5B | 3.5B | 5.5B | 5.9B | 5.8B | 5.2B | |
Property Plant Equipment | 9.0B | 9.7B | 8.5B | 9.2B | 10.6B | 9.7B | |
Total Assets | 14.7B | 12.3B | 15.1B | 16.4B | 17.2B | 16.3B | |
Total Stockholder Equity | 4.9B | 4.6B | 5.5B | 5.6B | 7.6B | 6.2B | |
Net Debt | 1.4B | 2.6B | 2.3B | 310.6M | 279.5M | 265.6M | |
Cash | 2.6B | 2.7B | 2.7B | 3.6B | 3.9B | 3.1B | |
Non Current Assets Total | 10.3B | 8.9B | 9.7B | 10.5B | 11.3B | 11.0B | |
Long Term Debt | 3.6B | 3.5B | 3.7B | 2.9B | 2.5B | 2.6B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Short Term Investments | 1.2B | 465.5M | 934.1M | 1.1B | 237.8M | 225.9M | |
Non Current Liabilities Total | 4.3B | 4.2B | 4.2B | 3.3B | 3.2B | 3.1B | |
Total Liab | 9.8B | 7.7B | 9.6B | 10.8B | 9.6B | 10.2B | |
Net Invested Capital | 8.9B | 9.9B | 10.5B | 9.6B | 10.2B | 10.6B | |
Short Long Term Debt | 382.3M | 1.7B | 1.2B | 1.1B | 50M | 47.5M | |
Net Working Capital | (1.0B) | (68.6M) | 76.4M | (1.5B) | (573.5M) | (602.2M) |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ryanair Holdings plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.