Ryanair Selling General Administrative vs Gross Profit Analysis
0RYA Stock | 1,643 57.00 3.59% |
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 Selling General Administrative and its Gross Profit accounts. Check out Trending Equities 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 board of governors.
Selling General Administrative vs Gross Profit
Selling General Administrative vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryanair Holdings plc Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ryanair Holdings' Selling General Administrative and Gross Profit is 0.9. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit 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' Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Ryanair Holdings plc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Ryanair Holdings' Selling General Administrative and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ryanair Holdings plc minus its cost of goods sold. It is profit before Ryanair Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 Trending Equities 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 board of governors. Tax Provision is expected to rise to about 221.4 M this year, although the value of Selling General Administrative will most likely fall to about 640.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 9.3B | 11.4B | 7.8B | Cost Of Revenue | 4.7B | 8.6B | 10.5B | 7.1B |
Ryanair Holdings fundamental ratios Correlations
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Ryanair Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryanair Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.6B | 418.2M | 1.6B | 3.2B | 178.8M | 169.9M | |
Total Current Liabilities | 5.5B | 3.5B | 5.4B | 7.4B | 6.4B | 5.6B | |
Other Liab | 604.2M | 570.6M | 506.1M | 409.8M | 368.8M | 486.8M | |
Net Tangible Assets | 5.1B | 4.8B | 4.5B | 5.4B | 6.2B | 5.3B | |
Retained Earnings | 4.2B | 3.2B | 2.9B | 4.2B | 5.9B | 4.5B | |
Accounts Payable | 1.4B | 336M | 1.0B | 1.1B | 792.2M | 850.8M | |
Other Assets | 270.7M | 432.1M | 174M | 299.5M | 269.6M | 277.9M | |
Net Receivables | 114.3M | 18.6M | 43.5M | 70M | 76.4M | 69.3M | |
Inventory | 3.3M | 3.6M | 4.3M | 6M | 6.2M | 4.7M | |
Other Current Assets | 426.3M | 140.1M | 1.4B | 311.6M | 1.3B | 654.8M | |
Other Stockholder Equity | 306.8M | (75.5M) | 246M | 1.3B | 1.5B | 1.6B | |
Total Current Assets | 4.5B | 3.5B | 5.5B | 5.9B | 5.8B | 5.2B | |
Property Plant Equipment | 9.0B | 9.7B | 8.5B | 9.2B | 10.6B | 9.7B | |
Total Assets | 14.7B | 12.3B | 15.1B | 16.4B | 17.2B | 16.3B | |
Total Stockholder Equity | 4.9B | 4.6B | 5.5B | 5.6B | 7.6B | 6.2B | |
Net Debt | 1.4B | 2.6B | 2.3B | 310.6M | 279.5M | 265.6M | |
Cash | 2.6B | 2.7B | 2.7B | 3.6B | 3.9B | 3.1B | |
Non Current Assets Total | 10.3B | 8.9B | 9.7B | 10.5B | 11.3B | 11.0B | |
Long Term Debt | 3.6B | 3.5B | 3.7B | 2.9B | 2.5B | 2.6B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Short Term Investments | 1.2B | 465.5M | 934.1M | 1.1B | 237.8M | 225.9M | |
Non Current Liabilities Total | 4.3B | 4.2B | 4.2B | 3.3B | 3.2B | 3.1B | |
Total Liab | 9.8B | 7.7B | 9.6B | 10.8B | 9.6B | 10.2B | |
Net Invested Capital | 8.9B | 9.9B | 10.5B | 9.6B | 10.2B | 10.6B | |
Short Long Term Debt | 382.3M | 1.7B | 1.2B | 1.1B | 50M | 47.5M | |
Net Working Capital | (1.0B) | (68.6M) | 76.4M | (1.5B) | (573.5M) | (602.2M) |
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