Ryanair Accounts Payable vs Short Term Investments 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 Accounts Payable and its Short Term Investments 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.
Accounts Payable vs Short Term Investments
Accounts Payable vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryanair Holdings plc Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ryanair Holdings' Accounts Payable and Short Term Investments is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments 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' Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ryanair Holdings plc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Ryanair Holdings' Accounts Payable and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Ryanair Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ryanair Holdings plc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Term Investments
Short Term Investments is an item under the current assets section of Ryanair Holdings balance sheet. It contains any investments Ryanair Holdings plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ryanair Holdings plc can easily liquidate in the marketplace.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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