Balance Sheet Dive: Ryde Group Ltd (RYDE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

After finishing at $0.29 in the prior trading day, Ryde Group Ltd (AMEX: RYDE) closed at $0.27, down -6.92%. In other words, the price has decreased by -$6.92 from its previous closing price. On the day, 0.74 million shares were traded. RYDE stock price reached its highest trading level at $0.298 during the session, while it also had its lowest trading level at $0.2557.

Ratios:

Our goal is to gain a better understanding of RYDE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RYDE now has a Market Capitalization of 9187021 and an Enterprise Value of 2179892. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 0.244 whereas that against EBITDA is -0.12.

Stock Price History:

The Beta on a monthly basis for RYDE is 2.42, which has changed by -0.95378006 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, RYDE has reached a high of $22.49, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 14.38%, while the 200-Day Moving Average is calculated to be -55.46%.

Shares Statistics:

The stock has traded on average 9.45M shares per day over the past 3-months and 58914030 shares per day over the last 10 days, according to various share statistics. A total of 22.75M shares are outstanding, with a floating share count of 16.06M. Insiders hold about 38.92% of the company’s shares, while institutions hold 1.55% stake in the company. Shares short for RYDE as of 1749772800 were 77307 with a Short Ratio of 0.01, compared to 1747267200 on 119083. Therefore, it implies a Short% of Shares Outstanding of 77307 and a Short% of Float of 0.47999998000000005.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.