RYAAY Stock | | | USD 44.07 0.15 0.34% |
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 Current Deferred Revenue and its Property Plant Equipment 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.
Current Deferred Revenue vs Property Plant Equipment
Current Deferred Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ryanair Holdings PLC Current Deferred Revenue account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ryanair Holdings' Current Deferred Revenue and Property Plant Equipment is 0.45. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment 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' Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ryanair Holdings PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Ryanair Holdings' Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Property Plant Equipment
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.
Ryanair Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Ryanair Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryanair Holdings fundamental ratios Accounts
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