RYAAY Stock | | | USD 42.98 0.10 0.23% |
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 Gross Profit and its Net Income 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.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ryanair Holdings PLC Gross Profit account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ryanair Holdings' Gross Profit and Net Income is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income 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' Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Ryanair Holdings PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Ryanair Holdings' Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ryanair Holdings PLC minus its cost of goods sold. It is profit before Ryanair Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ryanair Holdings PLC financial statement analysis. It represents the amount of money remaining after all of Ryanair Holdings PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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Additional Tools for Ryanair Stock Analysis
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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
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