Ryder System Total Debt vs Receivables Analysis

R -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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 Total Debt and its Trade and Non Trade Receivables accounts. Additionally take a look at Your Equity Center.

Total Debt vs Trade and Non Trade Receivables

Accounts Relationship

Total Debt vs Receivables

Significance: Fragmental Relationship

Total Debt diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Ryder System Total Debt account and Receivables

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Debt

Total Debt of Ryder System is a combination of both Ryder System short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Ryder System includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of [Liabilities] representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; and convertible notes.

Trade and Non Trade Receivables

A component of [Assets] representing trade and non-trade receivables.
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