Ryde Other Current Assets from 2010 to 2024

RYDE Stock   0.41  0.02  4.65%   
Ryde's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 1.3 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
2.6 M
Current Value
1.3 M
Quarterly Volatility
563.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Ryde Correlation against competitors.

Latest Ryde's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Ryde Group over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Ryde's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Ryde Other Current Assets Regression Statistics

Arithmetic Mean679,922
Geometric Mean580,333
Coefficient Of Variation82.87
Mean Deviation335,599
Median483,000
Standard Deviation563,432
Sample Variance317.5B
Range2.1M
R-Value0.52
Mean Square Error247.8B
R-Squared0.28
Significance0.04
Slope66,099
Total Sum of Squares4.4T

Ryde Other Current Assets History

20241.3 M
20232.6 M
2022526 K

About Ryde Financial Statements

Ryde stakeholders use historical fundamental indicators, such as Ryde's Other Current Assets, 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 ReportedProjected for Next Year
Other Current Assets2.6 M1.3 M

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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.