Ryde Financials

RYDE Stock   0.41  0.02  4.65%   
Based on the measurements of operating efficiency obtained from Ryde's historical financial statements, Ryde Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Key indicators impacting Ryde's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity2.422.3042
Sufficiently Up
Slightly volatile
Current Ratio0.520.3546
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Ryde includes many different criteria found on its balance sheet. An individual investor should monitor Ryde's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ryde.

Net Income

(12.19 Million)

  
Understanding current and past Ryde Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ryde's financial statements are interrelated, with each one affecting the others. For example, an increase in Ryde's assets may result in an increase in income on the income statement.
Please note, the presentation of Ryde's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ryde's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ryde's management manipulating its earnings.

Ryde Stock Summary

Ryde competes with Merit Medical, Diamond Estates, Celsius Holdings, Nyxoah, and Vita Coco. Ryde is entity of United States. It is traded as Stock on NYSE MKT exchange.
Specialization
Industrials, Software - Application
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
CUSIPG7733R102
LocationSingapore
Business Address7500A Beach Road,
SectorPassenger Airlines
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.rydesharing.com
Phone65 9665 3216

Ryde Key Financial Ratios

Ryde Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ryde's current stock value. Our valuation model uses many indicators to compare Ryde value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ryde competition to find correlations between indicators driving Ryde's intrinsic value. More Info.
Ryde Group is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in ebitda category among its peers . At present, Ryde's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ryde by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ryde Group Systematic Risk

Ryde's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ryde volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ryde Group correlated with the market. If Beta is less than 0 Ryde generally moves in the opposite direction as compared to the market. If Ryde Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ryde Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ryde is generally in the same direction as the market. If Beta > 1 Ryde moves generally in the same direction as, but more than the movement of the benchmark.

Ryde December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ryde help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ryde Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ryde Group based on widely used predictive technical indicators. In general, we focus on analyzing Ryde Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ryde's daily price indicators and compare them against related drivers.

Complementary Tools for Ryde Stock analysis

When running Ryde's price analysis, check to measure Ryde's 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 Ryde is operating at the current time. Most of Ryde's value examination focuses on studying past and present price action to predict the probability of Ryde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryde's price. Additionally, you may evaluate how the addition of Ryde to your portfolios can decrease your overall portfolio volatility.
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