Ryerson Cost Of Revenue vs Depreciation And Amortization Analysis
RYI Stock | USD 22.95 0.99 4.14% |
Ryerson Holding financial indicator trend analysis is much more than just breaking down Ryerson Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryerson Holding Corp is a good investment. Please check the relationship between Ryerson Holding Cost Of Revenue and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryerson Holding Corp Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ryerson Holding's Cost Of Revenue and Depreciation And Amortization is -0.02. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Ryerson Holding Corp, assuming nothing else is changed. The correlation between historical values of Ryerson Holding's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Ryerson Holding Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Ryerson Holding's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Ryerson Holding Corp income statement and represents the costs associated with goods and services Ryerson Holding provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Ryerson Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryerson Holding Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. As of now, Ryerson Holding's Enterprise Value Multiple is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.3B | 1.0B | 772.0M | Total Revenue | 5.7B | 6.3B | 5.1B | 4.5B |
Ryerson Holding fundamental ratios Correlations
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Ryerson Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryerson Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 1.8B | 2.4B | 2.3B | 2.6B | 2.1B | |
Other Current Liab | 110.3M | 117.2M | 201M | 36.3M | 115.7M | 131.7M | |
Total Current Liabilities | 491.9M | 527.6M | 751M | 619.2M | 633.9M | 504.7M | |
Total Stockholder Equity | 172.6M | 138.8M | 537.2M | 885.1M | 905.9M | 951.2M | |
Other Liab | 286.7M | 310.2M | 274.7M | 233.8M | 268.9M | 375.2M | |
Retained Earnings | 99.6M | 33.8M | 321.7M | 692.5M | 813.2M | 853.9M | |
Accounts Payable | 311.5M | 365.1M | 481.2M | 438.4M | 463.4M | 285.9M | |
Cash | 11M | 61.4M | 51.2M | 39.2M | 54.3M | 57.0M | |
Other Assets | 2.7M | 115M | 6.9M | 13.7M | 12.3M | 11.7M | |
Long Term Debt | 932.6M | 726.2M | 610.5M | 361.2M | 428.3M | 406.9M | |
Inventory | 742.9M | 604.5M | 832.1M | 798.5M | 782.5M | 776.6M | |
Total Liab | 1.8B | 1.7B | 1.8B | 1.4B | 1.7B | 1.8B | |
Intangible Assets | 58.1M | 50.6M | 43.2M | 42.2M | 73.7M | 50.3M | |
Property Plant Equipment | 439.7M | 421.8M | 388.3M | 458.4M | 527.2M | 447.7M | |
Other Current Assets | 52.2M | 57.5M | 77.7M | 88.2M | 77.8M | 53.5M | |
Short Long Term Debt Total | 1.1B | 853.7M | 849M | 607.3M | 803.8M | 838.9M | |
Property Plant And Equipment Net | 567.9M | 530.1M | 599.4M | 698.9M | 939M | 578.9M | |
Net Debt | 1.1B | 792.3M | 797.8M | 568.1M | 749.5M | 788.4M | |
Non Current Assets Total | 741.5M | 698.7M | 772.6M | 892.7M | 1.2B | 804.8M | |
Non Currrent Assets Other | 2.7M | 5.1M | 6.9M | (99.8M) | 15.7M | 8.7M | |
Cash And Short Term Investments | 11M | 61.4M | 51.2M | 39.2M | 54.3M | 50.5M | |
Net Receivables | 425.1M | 378.9M | 630.8M | 514.4M | 467.7M | 491.4M | |
Common Stock Shares Outstanding | 38.0M | 38.0M | 38.9M | 38.3M | 35.6M | 37.5M | |
Liabilities And Stockholders Equity | 2.0B | 1.8B | 2.4B | 2.3B | 2.6B | 2.2B | |
Non Current Liabilities Total | 1.4B | 1.1B | 1.1B | 822.1M | 1.0B | 1.1B | |
Other Stockholder Equity | 374.6M | 376.5M | 380.2M | 336.6M | 232.3M | 266.9M | |
Property Plant And Equipment Gross | 567.9M | 530.1M | 1.0B | 1.1B | 1.4B | 1.5B | |
Total Current Assets | 1.3B | 1.1B | 1.6B | 1.4B | 1.4B | 1.0B | |
Accumulated Other Comprehensive Income | (302M) | (271.9M) | (165.1M) | (144.4M) | (140M) | (147M) | |
Short Term Debt | 70.1M | 34.5M | 53.7M | 31M | 38.7M | 30.8M | |
Net Tangible Assets | 1.7M | (24.7M) | 370.9M | 705M | 810.8M | 851.3M | |
Noncontrolling Interest In Consolidated Entity | 6M | 6.3M | 7.4M | 7.9M | 9.1M | 9.5M | |
Retained Earnings Total Equity | 99.6M | 33.8M | 321.7M | 692.5M | 796.4M | 836.2M |
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When determining whether Ryerson Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ryerson Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ryerson Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ryerson Holding Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryerson Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Ryerson Holding's price analysis, check to measure Ryerson Holding'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 Ryerson Holding is operating at the current time. Most of Ryerson Holding's value examination focuses on studying past and present price action to predict the probability of Ryerson Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryerson Holding's price. Additionally, you may evaluate how the addition of Ryerson Holding to your portfolios can decrease your overall portfolio volatility.
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Is Ryerson Holding's industry 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 Ryerson Holding. If investors know Ryerson 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 Ryerson Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 0.735 | Earnings Share 2.61 | Revenue Per Share 143.851 | Quarterly Revenue Growth (0.12) |
The market value of Ryerson Holding Corp is measured differently than its book value, which is the value of Ryerson that is recorded on the company's balance sheet. Investors also form their own opinion of Ryerson Holding's value that differs from its market value or its book value, called intrinsic value, which is Ryerson Holding'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 Ryerson Holding's market value can be influenced by many factors that don't directly affect Ryerson Holding'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 Ryerson Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryerson Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryerson Holding'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.