Ryanair Income Tax Expense vs Tax Provision Analysis

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 Income Tax Expense and its Tax Provision 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.

Income Tax Expense vs Tax Provision

Income Tax Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryanair Holdings PLC Income Tax Expense account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ryanair Holdings' Income Tax Expense and Tax Provision is -0.03. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Tax Provision 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' Income Tax Expense and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Ryanair Holdings PLC are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Tax Expense i.e., Ryanair Holdings' Income Tax Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
 2020 2022 2023 2024 (projected)
Interest Expense91.4M76.8M83M78.9M
Depreciation And Amortization664.9M839.2M994.3M1.0B

Ryanair Holdings fundamental ratios Correlations

0.550.820.930.960.97-0.130.910.720.810.980.440.65-0.62-0.030.530.750.810.740.34-0.890.790.480.650.410.81
0.550.10.340.370.470.690.260.390.230.490.380.77-0.330.460.920.030.760.720.62-0.760.360.180.250.810.69
0.820.10.950.830.8-0.550.770.720.850.80.340.34-0.68-0.340.010.920.550.510.2-0.510.790.340.71-0.060.53
0.930.340.950.90.93-0.330.840.790.840.930.420.49-0.74-0.220.260.860.730.630.37-0.710.840.330.70.120.7
0.960.370.830.90.96-0.320.950.720.850.960.330.48-0.59-0.190.360.810.650.60.15-0.810.710.550.710.280.73
0.970.470.80.930.96-0.20.930.770.821.00.320.51-0.69-0.190.430.780.760.610.36-0.870.760.390.690.270.79
-0.130.69-0.55-0.33-0.32-0.2-0.34-0.23-0.55-0.180.140.40.20.760.69-0.610.260.260.36-0.2-0.22-0.16-0.350.580.1
0.910.260.770.840.950.93-0.340.560.770.920.310.46-0.44-0.130.340.770.590.520.06-0.790.650.560.540.220.66
0.720.390.720.790.720.77-0.230.560.770.770.090.22-0.85-0.460.120.770.560.40.42-0.550.520.20.930.00.63
0.810.230.850.840.850.82-0.550.770.770.820.150.32-0.66-0.520.130.860.510.440.26-0.620.690.40.770.140.65
0.980.490.80.930.961.0-0.180.920.770.820.380.53-0.69-0.160.450.760.770.630.38-0.870.770.380.690.30.8
0.440.380.340.420.330.320.140.310.090.150.380.49-0.20.330.380.020.50.510.26-0.330.430.030.010.380.34
0.650.770.340.490.480.510.40.460.220.320.530.49-0.160.590.850.240.850.950.31-0.780.590.520.080.750.75
-0.62-0.33-0.68-0.74-0.59-0.690.2-0.44-0.85-0.66-0.69-0.2-0.160.5-0.08-0.66-0.59-0.38-0.670.45-0.690.19-0.830.1-0.61
-0.030.46-0.34-0.22-0.19-0.190.76-0.13-0.46-0.52-0.160.330.590.50.63-0.460.240.42-0.05-0.19-0.10.22-0.550.580.02
0.530.920.010.260.360.430.690.340.120.130.450.380.85-0.080.63-0.060.740.750.42-0.80.360.320.00.90.67
0.750.030.920.860.810.78-0.610.770.770.860.760.020.24-0.66-0.46-0.060.450.40.08-0.480.650.420.78-0.180.51
0.810.760.550.730.650.760.260.590.560.510.770.50.85-0.590.240.740.450.910.59-0.860.80.260.380.520.92
0.740.720.510.630.60.610.260.520.40.440.630.510.95-0.380.420.750.40.910.35-0.780.740.480.280.620.83
0.340.620.20.370.150.360.360.060.420.260.380.260.31-0.67-0.050.420.080.590.35-0.410.5-0.510.30.270.48
-0.89-0.76-0.51-0.71-0.81-0.87-0.2-0.79-0.55-0.62-0.87-0.33-0.780.45-0.19-0.8-0.48-0.86-0.78-0.41-0.67-0.49-0.44-0.64-0.89
0.790.360.790.840.710.76-0.220.650.520.690.770.430.59-0.69-0.10.360.650.80.740.5-0.670.160.450.240.76
0.480.180.340.330.550.39-0.160.560.20.40.380.030.520.190.220.320.420.260.48-0.51-0.490.160.190.370.39
0.650.250.710.70.710.69-0.350.540.930.770.690.010.08-0.83-0.550.00.780.380.280.3-0.440.450.19-0.080.51
0.410.81-0.060.120.280.270.580.220.00.140.30.380.750.10.580.9-0.180.520.620.27-0.640.240.37-0.080.51
0.810.690.530.70.730.790.10.660.630.650.80.340.75-0.610.020.670.510.920.830.48-0.890.760.390.510.51
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Ryanair Holdings Account Relationship Matchups

Ryanair Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.7B12.3B15.1B16.4B17.2B18.0B
Short Long Term Debt Total4.2B5.4B5.1B4.1B2.7B2.7B
Other Current Liab2.9B1.2B3.0B5.2B4.7B5.0B
Total Current Liabilities5.5B3.5B5.4B7.4B6.4B6.7B
Total Stockholder Equity5.0B4.6B5.5B5.6B7.6B8.0B
Property Plant And Equipment Net9.7B8.5B9.2B10.1B11.0B11.6B
Net Debt1.6B2.8B2.4B516.9M(1.1B)(1.1B)
Retained Earnings4.2B3.2B2.9B4.2B5.9B6.2B
Accounts Payable573.8M336M1.0B1.1B792.2M831.8M
Cash2.6B2.7B2.7B3.6B3.9B4.1B
Non Current Assets Total10.3B8.9B9.7B10.5B11.3B11.9B
Non Currrent Assets Other378.5M48.7M72.1M168.9M185.3M115.1M
Cash And Short Term Investments3.8B3.1B3.6B4.7B4.1B2.6B
Common Stock Shares Outstanding555.2M565.3M226.1M569.8M572.5M928.5M
Short Term Investments1.2B465.5M934.1M1.1B237.8M225.9M
Liabilities And Stockholders Equity14.7B12.3B15.1B16.4B17.2B18.0B
Non Current Liabilities Total4.3B4.2B4.2B3.3B3.2B2.7B
Total Liab9.8B7.7B9.6B10.8B9.6B5.1B
Total Current Assets4.5B3.5B5.5B5.9B5.8B3.1B
Short Term Debt309.4M1.8B1.3B1.1B89.4M84.9M
Common Stock6.8M6.5M6.7M6.9M6.2M7.0M
Other Stockholder Equity1.5B429.5M1.3B1.4B1.4B907.2M
Net Receivables59.5M18.6M43.5M59.7M76.4M72.7M
Other Current Assets238M319.9M1.8B1.2B1.6B1.7B
Long Term Debt3.6B3.5B3.7B2.9B2.5B3.1B
Property Plant Equipment8.3B8.3B8.5B9.2B10.6B5.7B
Current Deferred Revenue546.5M290.9M1.6B2.8B2.9B3.0B
Other Liab604.2M570.6M506.1M409.8M471.3M421.2M
Common Stock Total Equity7M6.8M6.5M6.7M6.0M6.9M
Property Plant And Equipment Gross9.7B8.5B9.2B10.1B17.0B17.9B
Accumulated Other Comprehensive Income(25.2M)242.5M1.3B72.7M303.2M318.4M
Other Assets981.7M1.8B172.1M297M341.6M397.0M
Net Tangible Assets5.1B4.8B4.5B5.4B6.2B4.9B
Short Long Term Debt382.3M1.7B1.2B1.1B50M47.5M

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