Ryanair Accounts Payable vs Non Current Assets Total Analysis

RYAAY Stock  USD 45.02  0.27  0.60%   
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 Accounts Payable and its Non Current Assets Total 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.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryanair Holdings PLC Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ryanair Holdings' Accounts Payable and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total 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' Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ryanair Holdings PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Ryanair Holdings' Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Ryanair Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ryanair Holdings PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
Tax Provision is likely to rise to about 221.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 157.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense91.4M76.8M83M78.9M
Depreciation And Amortization664.9M839.2M994.3M1.0B

Ryanair Holdings fundamental ratios Correlations

0.550.810.930.960.97-0.130.910.740.810.980.440.65-0.47-0.030.530.750.810.740.25-0.890.810.60.70.410.81
0.550.070.340.370.470.690.260.260.230.490.380.77-0.420.460.920.030.760.720.69-0.760.540.110.060.810.69
0.810.070.930.850.8-0.60.80.780.860.810.330.3-0.47-0.38-0.020.930.50.470.04-0.50.720.510.86-0.080.51
0.930.340.930.90.93-0.330.840.860.840.930.420.49-0.58-0.220.260.860.730.630.23-0.710.810.510.790.120.7
0.960.370.850.90.96-0.320.950.680.850.960.330.48-0.4-0.190.360.810.650.60.12-0.810.780.590.770.280.73
0.970.470.80.930.96-0.20.930.780.821.00.320.51-0.52-0.190.430.780.760.610.27-0.870.80.50.70.270.79
-0.130.69-0.6-0.33-0.32-0.2-0.34-0.29-0.55-0.180.140.40.010.760.69-0.610.260.260.43-0.2-0.13-0.25-0.520.580.1
0.910.260.80.840.950.93-0.340.610.770.920.310.46-0.22-0.130.340.770.590.52-0.05-0.790.630.680.610.220.66
0.740.260.780.860.680.78-0.290.610.70.790.410.29-0.56-0.340.150.650.650.460.23-0.540.620.360.660.020.58
0.810.230.860.840.850.82-0.550.770.70.820.150.32-0.52-0.520.130.860.510.440.23-0.620.790.440.770.140.65
0.980.490.810.930.961.0-0.180.920.790.820.380.53-0.52-0.160.450.760.770.630.28-0.870.80.510.690.30.8
0.440.380.330.420.330.320.140.310.410.150.380.490.010.330.380.020.50.51-0.06-0.330.180.40.060.380.34
0.650.770.30.490.480.510.40.460.290.320.530.49-0.110.590.850.240.850.950.26-0.780.580.60.140.750.75
-0.47-0.42-0.47-0.58-0.4-0.520.01-0.22-0.56-0.52-0.520.01-0.110.4-0.08-0.55-0.46-0.27-0.840.35-0.720.35-0.590.06-0.46
-0.030.46-0.38-0.22-0.19-0.190.76-0.13-0.34-0.52-0.160.330.590.40.63-0.460.240.42-0.08-0.19-0.210.26-0.470.580.02
0.530.92-0.020.260.360.430.690.340.150.130.450.380.85-0.080.63-0.060.740.750.38-0.80.390.38-0.070.90.67
0.750.030.930.860.810.78-0.610.770.650.860.760.020.24-0.55-0.46-0.060.450.40.14-0.480.770.380.87-0.180.51
0.810.760.50.730.650.760.260.590.650.510.770.50.85-0.460.240.740.450.910.46-0.860.780.440.380.520.92
0.740.720.470.630.60.610.260.520.460.440.630.510.95-0.270.420.750.40.910.3-0.780.730.570.380.620.83
0.250.690.040.230.120.270.43-0.050.230.230.28-0.060.26-0.84-0.080.380.140.460.3-0.370.57-0.480.170.250.46
-0.89-0.76-0.5-0.71-0.81-0.87-0.2-0.79-0.54-0.62-0.87-0.33-0.780.35-0.19-0.8-0.48-0.86-0.78-0.37-0.74-0.55-0.4-0.64-0.89
0.810.540.720.810.780.8-0.130.630.620.790.80.180.58-0.72-0.210.390.770.780.730.57-0.740.250.750.270.87
0.60.110.510.510.590.5-0.250.680.360.440.510.40.60.350.260.380.380.440.57-0.48-0.550.250.270.390.43
0.70.060.860.790.770.7-0.520.610.660.770.690.060.14-0.59-0.47-0.070.870.380.380.17-0.40.750.27-0.110.46
0.410.81-0.080.120.280.270.580.220.020.140.30.380.750.060.580.9-0.180.520.620.25-0.640.270.39-0.110.51
0.810.690.510.70.730.790.10.660.580.650.80.340.75-0.460.020.670.510.920.830.46-0.890.870.430.460.51
Click cells to compare fundamentals

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 Liab3.1B1.4B3.0B5.2B5.5B5.7B
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 Payable1.4B336M1.0B1.1B792.2M831.8M
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 Outstanding1.1B222.1M226.1M227.9M1.1B940.9M
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 Debt457.3M1.8B1.3B1.1B89.4M84.9M
Common Stock6.8M6.5M6.7M6.9M6.2M7.0M
Other Stockholder Equity742M1.2B1.3B1.4B1.4B906.9M
Net Receivables67.5M18.6M43.5M59.7M76.4M73.7M
Other Current Assets223.2M319.9M1.8B1.2B1.6B1.7B
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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