Ryde Historical Financial Ratios
| RYDE Stock | 0.30 0.02 4.81% |
Ryde is promptly reporting on over 76 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Average Payables of 0.0, Stock Based Compensation To Revenue of 0.64, Capex To Depreciation of 1.07 or Ev To Sales of 13.23 will help investors to properly organize and evaluate Ryde Group financial condition quickly.
Ryde |
About Ryde Financial Ratios Analysis
Ryde GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ryde investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ryde financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ryde history.
Ryde Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ryde Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ryde sales, a figure that is much harder to manipulate than other Ryde Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Most ratios from Ryde's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ryde Group current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Ryde Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Ryde's ROIC is projected to increase based on the last few years of reporting. The current year's Payables Turnover is expected to grow to 1.80, whereas PTB Ratio is forecasted to decline to (17.12).
| 2024 | 2025 (projected) | Inventory Turnover | 2.0M | 1.8M | ROIC | 4.84 | 6.63 |
Ryde fundamentals Correlations
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Ryde Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryde Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.