Ryde Retained Earnings vs Short Term Debt Analysis
| RYDE Stock | 0.41 0.02 4.65% |
Ryde financial indicator trend analysis is much more than just breaking down Ryde Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryde Group is a good investment. Please check the relationship between Ryde Retained Earnings and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryde Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Retained Earnings vs Short Term Debt
Retained Earnings vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryde Group Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Ryde's Retained Earnings and Short Term Debt is -0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Ryde Group, assuming nothing else is changed. The correlation between historical values of Ryde's Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ryde Group are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Ryde's Retained Earnings and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Debt
Most indicators from Ryde's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryde Group 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 Ryde Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The current year's Sales General And Administrative To Revenue is expected to grow to 1.55, whereas Selling General Administrative is forecasted to decline to about 5.2 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 118K | 198K | 446K | 279.4K | Depreciation And Amortization | 203.1K | 218.3K | 402K | 301.9K |
Ryde fundamental ratios Correlations
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Ryde Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ryde Group is a strong investment it is important to analyze Ryde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryde's future performance. For an informed investment choice regarding Ryde Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryde Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryde. If investors know Ryde will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ryde Group is measured differently than its book value, which is the value of Ryde that is recorded on the company's balance sheet. Investors also form their own opinion of Ryde's value that differs from its market value or its book value, called intrinsic value, which is Ryde's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryde's market value can be influenced by many factors that don't directly affect Ryde's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryde's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.