RYAAY Stock | | | USD 43.86 0.54 1.25% |
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 Ebit and its Income Tax Expense accounts. Check out
Your Equity Center 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 nation.
Ebit vs Income Tax Expense
Ebit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ryanair Holdings PLC Ebit account and
Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ryanair Holdings' Ebit and Income Tax Expense is 0.33. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense 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' Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Ryanair Holdings PLC are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Ryanair Holdings' Ebit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Income Tax Expense
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
Your Equity Center 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 nation.
At this time, Ryanair Holdings'
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 9.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 157.6
M in 2024.
Ryanair Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Ryanair Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryanair Holdings fundamental ratios Accounts
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measure Ryanair Holdings' 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 Ryanair Holdings is operating at the current time. Most of Ryanair Holdings' value examination focuses on studying past and present price action to
predict the probability of Ryanair Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryanair Holdings' price. Additionally, you may evaluate how the addition of Ryanair Holdings to your portfolios can decrease your overall portfolio volatility.