Ryman Depreciation And Amortization vs Total Other Income Expense Net Analysis
RHP Stock | USD 112.50 1.24 1.11% |
Ryman Hospitality financial indicator trend analysis is much more than just breaking down Ryman Hospitality prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryman Hospitality is a good investment. Please check the relationship between Ryman Hospitality Depreciation And Amortization and its Total Other Income Expense Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryman Hospitality Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Depreciation And Amortization vs Total Other Income Expense Net
Depreciation And Amortization vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryman Hospitality Depreciation And Amortization account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Ryman Hospitality's Depreciation And Amortization and Total Other Income Expense Net is -0.86. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Ryman Hospitality Properties, assuming nothing else is changed. The correlation between historical values of Ryman Hospitality's Depreciation And Amortization and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Ryman Hospitality Properties are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Depreciation And Amortization i.e., Ryman Hospitality's Depreciation And Amortization and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Other Income Expense Net
Most indicators from Ryman Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryman Hospitality 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 Ryman Hospitality Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Ryman Hospitality's Tax Provision is relatively stable compared to the past year. As of 11/08/2024, Issuance Of Capital Stock is likely to grow to about 415.2 M, while Sales General And Administrative To Revenue is likely to drop 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 259.7M | 252.1M | 44.1M | 41.9M | Cost Of Revenue | 738.7M | 1.2B | 1.7B | 1.7B |
Ryman Hospitality fundamental ratios Correlations
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Ryman Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryman Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 3.6B | 3.6B | 4.0B | 5.2B | 2.9B | |
Short Long Term Debt Total | 2.7B | 2.8B | 3.1B | 3.7B | 3.5B | 3.7B | |
Other Current Liab | (31.3M) | (58.5M) | (306.4M) | (933.3M) | (654.9M) | (622.1M) | |
Total Current Liabilities | 315.6M | 133.5M | 305.1M | 399.3M | 372.9M | 275.1M | |
Total Stockholder Equity | 644.7M | 205.3M | (22.4M) | 95.9M | 569.2M | 520.3M | |
Property Plant And Equipment Net | 3.1B | 3.1B | 3.0B | 3.2B | 18.1M | 17.2M | |
Net Debt | 2.3B | 2.7B | 2.9B | 2.7B | 2.8B | 2.9B | |
Retained Earnings | (495.5M) | (911.1M) | (1.1B) | (978.6M) | (894.3M) | (849.5M) | |
Accounts Payable | 264.9M | 23.1M | 304.7M | 385.2M | 57.0M | 54.2M | |
Cash | 362.4M | 56.7M | 140.7M | 334.2M | 700.4M | 735.5M | |
Non Current Assets Total | 3.4B | 3.3B | 3.3B | 3.4B | 4.2B | 2.6B | |
Non Currrent Assets Other | (3.8M) | 31.3M | 112.9M | 109.9M | 102.4M | 97.2M | |
Cash And Short Term Investments | 362.4M | 56.7M | 140.7M | 334.2M | 700.4M | 735.5M | |
Net Receivables | 180.9M | 119.1M | 146.0M | 184.5M | 206.1M | 216.4M | |
Common Stock Shares Outstanding | 52.0M | 55.0M | 55.0M | 55.4M | 58.1M | 49.4M | |
Liabilities And Stockholders Equity | 4.1B | 3.6B | 3.6B | 4.0B | 5.2B | 2.9B | |
Non Current Liabilities Total | 2.9B | 3.1B | 3.3B | 3.2B | 3.9B | 4.1B | |
Other Current Assets | 17.8M | 15.5M | 27.5M | 98.1M | (906.6M) | (861.2M) | |
Other Stockholder Equity | 1.7B | 1.2B | 2.2B | 2.1B | 1.5B | 1.0B | |
Total Liab | 3.2B | 3.2B | 3.6B | 3.6B | 4.3B | 4.5B | |
Property Plant And Equipment Gross | 3.1B | 3.1B | 5.0B | 5.3B | 6.3B | 6.6B | |
Total Current Assets | 725.1M | 241M | 309.0M | 628.8M | 943.0M | 990.2M | |
Accumulated Other Comprehensive Income | (28.2M) | (58.0M) | (29.1M) | (10.9M) | (19.4M) | (20.4M) | |
Short Term Debt | 5.3M | 98.4M | 190M | 811.0M | 811.0M | 851.5M | |
Intangible Assets | 207.1M | 167.0M | 126.8M | 106.0M | 124.3M | 89.8M | |
Good Will | (54.4M) | 246.8M | 207.1M | 167.0M | 150.3M | 157.8M | |
Inventory | 10.3M | 7.2M | 8.4M | 12.0M | 14.0M | 11.1M | |
Common Stock Total Equity | 549K | 550K | 551K | 552K | 634.8K | 502.4K | |
Common Stock | 549K | 550K | 551K | 552K | 597K | 508.6K | |
Other Liab | 238.1M | 238.3M | 247.2M | 244.1M | 219.7M | 297.4M | |
Other Assets | 96.4M | 143.7M | 245.9M | 299.0M | 264.8M | 278.1M | |
Long Term Debt | 2.6B | 2.7B | 2.9B | 2.9B | 3.4B | 3.5B | |
Property Plant Equipment | 3.1B | 3.1B | 3.0B | 3.2B | 3.6B | 2.3B | |
Current Deferred Revenue | 76.7M | 70.4M | 116.8M | 136.5M | 159.8M | 167.8M | |
Net Tangible Assets | 816.2M | 139.3M | (149.0M) | 301.2M | 346.4M | 399.3M | |
Short Long Term Debt | 518.5M | 2.2M | 98.4M | 190M | 171M | 162.5M | |
Treasury Stock | (13.3M) | (15.2M) | (17.3M) | (18.5M) | (16.6M) | (17.5M) | |
Retained Earnings Total Equity | (495.5M) | (911.1M) | (1.1B) | (978.6M) | (880.8M) | (836.7M) |
Pair Trading with Ryman Hospitality
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 Ryman Hospitality 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 Ryman Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryman Stock
Moving against Ryman Stock
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0.41 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.4 | AHT-PG | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to Ryman Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryman Hospitality 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 Ryman Hospitality - 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 Ryman Hospitality Properties to buy it.
The correlation of Ryman Hospitality 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 Ryman Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryman Hospitality 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 Ryman Hospitality 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.Additional Tools for Ryman Stock Analysis
When running Ryman Hospitality's price analysis, check to measure Ryman Hospitality's 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 Ryman Hospitality is operating at the current time. Most of Ryman Hospitality's value examination focuses on studying past and present price action to predict the probability of Ryman Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryman Hospitality's price. Additionally, you may evaluate how the addition of Ryman Hospitality to your portfolios can decrease your overall portfolio volatility.