Ryder Accounts Payable vs Accumulated Other Comprehensive Income Analysis

R Stock  USD 107.17  1.61  1.48%   
Ryder System financial indicator trend analysis is much more than just breaking down Ryder System prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryder System is a good investment. Please check the relationship between Ryder System Accounts Payable and its Accumulated Other Comprehensive Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.

Accounts Payable vs Accumulated Other Comprehensive Income

Accounts Payable vs Accumulated Other Comprehensive Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryder System Accounts Payable account and Accumulated Other Comprehensive Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ryder System's Accounts Payable and Accumulated Other Comprehensive Income is -0.46. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Accumulated Other Comprehensive Income in the same time period over historical financial statements of Ryder System, assuming nothing else is changed. The correlation between historical values of Ryder System's Accounts Payable and Accumulated Other Comprehensive Income 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 Ryder System are associated (or correlated) with its Accumulated Other Comprehensive Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Other Comprehensive Income has no effect on the direction of Accounts Payable i.e., Ryder System's Accounts Payable and Accumulated Other Comprehensive Income go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Ryder System 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 Ryder System 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.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
Most indicators from Ryder System's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryder System 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 Ryder System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.At this time, Ryder System's Discontinued Operations is relatively stable compared to the past year. As of 04/19/2024, Tax Provision is likely to grow to about 222.6 M, while Issuance Of Capital Stock is likely to drop slightly above 1.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B2.8B2.3B2.1B
Total Revenue9.7B12.5B11.8B6.7B

Ryder System fundamental ratios Correlations

0.98-0.730.80.930.950.980.930.540.990.360.540.68-0.650.81-0.20.740.851.00.810.64-0.050.83-0.620.53-0.62
0.98-0.710.750.890.951.00.90.510.980.280.510.64-0.580.79-0.080.680.820.980.760.6-0.110.78-0.570.45-0.57
-0.73-0.71-0.64-0.77-0.64-0.7-0.74-0.52-0.71-0.67-0.52-0.870.5-0.880.55-0.83-0.79-0.71-0.72-0.95-0.38-0.690.42-0.80.42
0.80.75-0.640.750.590.730.690.860.750.590.860.84-0.620.71-0.430.860.710.80.940.740.370.82-0.480.57-0.48
0.930.89-0.770.750.870.890.990.540.910.410.540.7-0.560.75-0.220.740.820.890.80.670.020.9-0.540.51-0.54
0.950.95-0.640.590.870.950.90.270.970.180.270.51-0.650.76-0.050.60.830.940.60.47-0.320.68-0.690.43-0.69
0.981.0-0.70.730.890.950.90.480.980.260.480.62-0.580.78-0.060.660.820.980.740.58-0.130.77-0.580.44-0.58
0.930.9-0.740.690.990.90.90.460.920.320.460.64-0.570.72-0.140.680.80.890.740.61-0.080.86-0.560.46-0.56
0.540.51-0.520.860.540.270.480.460.460.511.00.72-0.280.47-0.310.710.480.530.890.660.550.68-0.150.36-0.15
0.990.98-0.710.750.910.970.980.920.460.310.460.64-0.670.8-0.170.690.850.990.740.59-0.130.79-0.650.51-0.65
0.360.28-0.670.590.410.180.260.320.510.310.510.81-0.240.64-0.810.690.430.340.590.80.70.5-0.050.86-0.05
0.540.51-0.520.860.540.270.480.461.00.460.510.72-0.280.47-0.310.710.480.530.890.660.550.68-0.150.36-0.15
0.680.64-0.870.840.70.510.620.640.720.640.810.72-0.590.89-0.690.960.80.660.810.950.550.72-0.460.86-0.46
-0.65-0.580.5-0.62-0.56-0.65-0.58-0.57-0.28-0.67-0.24-0.28-0.59-0.710.44-0.7-0.79-0.66-0.43-0.490.1-0.380.95-0.570.95
0.810.79-0.880.710.750.760.780.720.470.80.640.470.89-0.71-0.560.890.930.810.680.850.210.63-0.650.86-0.65
-0.2-0.080.55-0.43-0.22-0.05-0.06-0.14-0.31-0.17-0.81-0.31-0.690.44-0.56-0.58-0.37-0.19-0.33-0.68-0.72-0.290.21-0.880.21
0.740.68-0.830.860.740.60.660.680.710.690.690.710.96-0.70.89-0.580.880.720.840.890.370.71-0.620.78-0.62
0.850.82-0.790.710.820.830.820.80.480.850.430.480.8-0.790.93-0.370.880.840.690.720.00.65-0.80.69-0.8
1.00.98-0.710.80.890.940.980.890.530.990.340.530.66-0.660.81-0.190.720.840.790.62-0.070.8-0.630.52-0.63
0.810.76-0.720.940.80.60.740.740.890.740.590.890.81-0.430.68-0.330.840.690.790.770.380.89-0.330.51-0.33
0.640.6-0.950.740.670.470.580.610.660.590.80.660.95-0.490.85-0.680.890.720.620.770.590.66-0.350.84-0.35
-0.05-0.11-0.380.370.02-0.32-0.13-0.080.55-0.130.70.550.550.10.21-0.720.370.0-0.070.380.590.290.340.520.34
0.830.78-0.690.820.90.680.770.860.680.790.50.680.72-0.380.63-0.290.710.650.80.890.660.29-0.290.48-0.29
-0.62-0.570.42-0.48-0.54-0.69-0.58-0.56-0.15-0.65-0.05-0.15-0.460.95-0.650.21-0.62-0.8-0.63-0.33-0.350.34-0.29-0.411.0
0.530.45-0.80.570.510.430.440.460.360.510.860.360.86-0.570.86-0.880.780.690.520.510.840.520.48-0.41-0.41
-0.62-0.570.42-0.48-0.54-0.69-0.58-0.56-0.15-0.65-0.05-0.15-0.460.95-0.650.21-0.62-0.8-0.63-0.33-0.350.34-0.291.0-0.41
Click cells to compare fundamentals

Ryder System Account Relationship Matchups

Ryder System fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.5B12.9B13.8B14.4B15.8B8.4B
Short Long Term Debt Total7.9B6.6B6.6B7.9B7.1B3.8B
Other Current Liab(598.5M)130.5M(591.3M)(602M)(829M)(787.6M)
Total Current Liabilities1.5B1.5B1.9B2.0B2.1B1.4B
Total Stockholder Equity2.5B2.3B2.8B2.9B3.1B1.8B
Property Plant And Equipment Net11.3B9.7B9.3B9.3B10.1B5.9B
Net Debt7.9B6.5B6.3B7.6B6.9B3.7B
Retained Earnings2.2B1.9B2.3B2.5B2.6B1.3B
Cash73.6M151.3M234M267M204M121.5M
Non Current Assets Total12.9B11.3B11.4B12.2B13.5B7.0B
Non Currrent Assets Other1.0B1.1B1.3B130M3.4B3.6B
Cash And Short Term Investments73.6M151.3M234M267M204M121.5M
Net Receivables1.2B1.2B1.5B1.6B1.7B1.8B
Common Stock Shares Outstanding52.3M52.4M53.5M50.9M46.5M50.3M
Liabilities And Stockholders Equity14.5B12.9B13.8B14.4B15.8B8.4B
Non Current Liabilities Total10.5B9.1B9.2B9.5B10.6B11.2B
Inventory80.8M61.2M68.7M78M(1.7B)(1.6B)
Other Current Assets1.5B1.4B2.2B1.9B2.1B2.2B
Other Stockholder Equity1.1B1.1B1.2B1.2B1.1B1.2B
Total Liab12.0B10.7B11.0B11.5B12.7B6.6B
Total Current Assets1.6B1.6B2.5B2.2B2.3B1.4B
Short Term Debt1.2B595.4M1.4B1.5B1.8B1.9B
Intangible Assets50.9M43.2M170.2M295M396M415.8M
Accounts Payable594.7M547.4M747.9M767M833M481.5M
Common Stock Total Equity26.6M26.9M26.9M23M20.7M19.7M
Property Plant And Equipment Gross12.2B10.7B9.3B9.3B18.1B19.0B
Accumulated Other Comprehensive Income(836.5M)(817.2M)(689.2M)(796M)(655M)(622.3M)
Common Stock26.6M26.9M26.9M23M22M20.9M
Other Liab2.5B2.5B2.6B2.6B3.0B3.1B
Long Term Debt6.8B6.6B5.2B6.4B5.5B4.0B
Good Will475.0M475.2M570.9M861M940M987M
Property Plant Equipment917.8M8.8B8.3B8.2B9.4B9.9B
Current Deferred Revenue247.8M263.3M277.3M262M245M126.5M
Net Tangible Assets2.0B1.7B2.1B1.8B2.0B1.8B
Retained Earnings Total Equity2.2B1.9B2.3B2.5B2.9B2.0B
Long Term Debt Total6.8B6.1B5.2B5.0B5.8B5.1B
Capital Surpluse1.1B1.1B1.2B1.2B1.4B1.1B
Deferred Long Term Liab1.2B1.1B1.3B1.6B1.8B1.5B

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When determining whether Ryder System is a strong investment it is important to analyze Ryder System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryder System's future performance. For an informed investment choice regarding Ryder Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Ryder System's price analysis, check to measure Ryder System'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 Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.
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Is Ryder System'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 Ryder System. If investors know Ryder 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 Ryder System 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
(0.34)
Dividend Share
2.66
Earnings Share
8.74
Revenue Per Share
259.635
Quarterly Revenue Growth
(0.02)
The market value of Ryder System is measured differently than its book value, which is the value of Ryder that is recorded on the company's balance sheet. Investors also form their own opinion of Ryder System's value that differs from its market value or its book value, called intrinsic value, which is Ryder System'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 Ryder System's market value can be influenced by many factors that don't directly affect Ryder System'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 Ryder System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryder System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryder System'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.