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 Other Current Liab and its Other Stockholder Equity 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.
Other Current Liab vs Other Stockholder Equity
Other Current Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ryanair Holdings PLC Other Current Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ryanair Holdings' Other Current Liab and Other Stockholder Equity is 0.72. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity 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' Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Ryanair Holdings PLC are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Ryanair Holdings' Other Current Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Other Stockholder Equity
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.
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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Additional Tools for Ryanair Stock Analysis
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measure Ryanair Holdings' 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 Ryanair Holdings is operating at the current time. Most of Ryanair Holdings' value examination focuses on studying past and present price action to
predict the probability of Ryanair Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryanair Holdings' price. Additionally, you may evaluate how the addition of Ryanair Holdings to your portfolios can decrease your overall portfolio volatility.