Ryde Revenue vs. Working Capital
| RYDE Stock | 0.43 0.02 4.88% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 6.5 M | Current Value 6.4 M | Quarterly Volatility 748.9 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 2.42 | 2.3042 |
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For Ryde profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ryde to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ryde Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ryde's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ryde Group over time as well as its relative position and ranking within its peers.
Ryde |
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.
Ryde Group Working Capital vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ryde's current stock value. Our valuation model uses many indicators to compare Ryde value to that of its competitors to determine the firm's financial worth. Ryde Group is rated second in revenue category among its peers. It is currently regarded as top stock in working capital category among its peers . At present, Ryde's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ryde by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ryde Revenue vs. Competition
Ryde Group is rated second in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 57.47 Billion. Ryde adds roughly 6.45 Million in revenue claiming only tiny portion of equities under Industrials industry.
Ryde Working Capital vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ryde |
| = | 6.45 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Ryde |
| = | (8.12 M) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Ryde Working Capital Comparison
Ryde is currently under evaluation in working capital category among its peers.
Ryde Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ryde, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ryde will eventually generate negative long term returns. The profitability progress is the general direction of Ryde's change in net profit over the period of time. It can combine multiple indicators of Ryde, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -105.3 K | -110.6 K | |
| Net Interest Income | -446 K | -423.7 K | |
| Operating Income | -11.8 M | -11.2 M | |
| Net Loss | -12.9 M | -12.2 M | |
| Income Before Tax | -12.9 M | -12.2 M | |
| Total Other Income Expense Net | -1.1 M | -1.2 M | |
| Net Loss | -12.9 M | -12.2 M | |
| Income Tax Expense | -31.3 K | -32.8 K | |
| Net Loss | (0.67) | (0.70) | |
| Income Quality | 0.13 | 0.12 | |
| Net Income Per E B T | 1.00 | 0.79 |
Ryde Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ryde. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ryde position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ryde's important profitability drivers and their relationship over time.
| Revenue vs EBITDA | ||
| Net Income vs Working Capital | ||
| Revenue vs Total Debt | ||
| Cash Flow From Operations vs Working Capital | ||
| Revenue vs Number Of Employees | ||
| Total Asset vs Working Capital | ||
| Revenue vs Retained Earnings |
Use Ryde in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryde position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryde will appreciate offsetting losses from the drop in the long position's value.Ryde Pair Trading
Ryde Group Pair Trading Analysis
The ability to find closely correlated positions to Ryde could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryde when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryde - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryde Group to buy it.
The correlation of Ryde is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryde moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryde Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryde can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ryde position
In addition to having Ryde in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
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Check out Your Equity Center. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
To fully project Ryde's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ryde Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ryde's income statement, its balance sheet, and the statement of cash flows.