Ryde Debt Ratio from 2010 to 2024
| RYDE Stock | 0.41 0.02 4.65% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.99153358 | Current Value 0.78 | Quarterly Volatility 0.44732661 |
Check Ryde financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ryde's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 301.9 K or Interest Expense of 279.4 K, as well as many indicators such as Price To Sales Ratio of 12.88, Dividend Yield of 0.0 or Days Sales Outstanding of 13.89. Ryde financial statements analysis is a perfect complement when working with Ryde Valuation or Volatility modules.
Ryde |
Latest Ryde's Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of Ryde Group over the last few years. It is Ryde's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ryde's overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
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Debt Ratio |
| Timeline |
Ryde Debt Ratio Regression Statistics
| Arithmetic Mean | 0.38 | |
| Geometric Mean | 0.26 | |
| Coefficient Of Variation | 118.02 | |
| Mean Deviation | 0.31 | |
| Median | 0.18 | |
| Standard Deviation | 0.45 | |
| Sample Variance | 0.20 | |
| Range | 1.539 | |
| R-Value | 0.60 | |
| Mean Square Error | 0.14 | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | 0.06 | |
| Total Sum of Squares | 2.80 |
Ryde Debt Ratio History
Other Fundumenentals of Ryde Group
Ryde Debt Ratio component correlations
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About Ryde Financial Statements
Ryde stakeholders use historical fundamental indicators, such as Ryde's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Ryde investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ryde's assets and liabilities are reflected in the revenues and expenses on Ryde's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ryde Group. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.99 | 0.78 | |
| Cash Flow To Debt Ratio | (0.31) | (0.33) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ryde Group is a strong investment it is important to analyze Ryde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryde's future performance. For an informed investment choice regarding Ryde Stock, refer to the following important reports:Check out the analysis of Ryde Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.