Ryde Group

Ryde Group Interest Coverage

The Interest Coverage Ratio of Ryde Group (RYDE) as of Oct 15, 2026 is -241.53. In the previous year, Interest Coverage Ratio was -26.37 — a change of 816.09% (lower).

Interest Coverage

-241.53

YoY

816.09%

Last updated:

Interest Coverage Ratio of Ryde Group is 2024 -241.53 . Interest Coverage Ratio of Ryde Group was 2023 -26.37 . It decreases by 816.09% lower compared to the previous year.

The Ryde Group Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
1.46 SGD
Jan 1, 2022
-15.24 SGD
Jan 1, 2023
-26.37 SGD
Jan 1, 2024
-241.53 SGD
The Ryde Group Interest Coverage history
YEARInterest CoverageYoY
-241.53+816.09%
-26.37+72.97%
-15.24-1,145.70%
1.46—

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Ryde Group Stock analysis

What does Ryde Group do? Ryde Group Ltd, a Singapore-based company listed on the stock market with ticker RYDE and ISIN KYG7733R1020, operates within the Industrials sector, specifically in the Road & Rail industry. The company, which went public on March 6, 2024, employs 34 full-time staff. Ryde Group Ltd functions as an investment holding company, managing subsidiaries that deliver mobility and quick commerce solutions. Its mobility services include flexible and scheduled carpooling and ride-hailing options, connecting riders with driver partners. These services allow users to select the number of seats needed, book rides in real-time or in advance, and choose multi-stop routes. The company offers various service tiers such as RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI. The quick commerce segment provides a platform for package delivery bookings, enabling driver partners to accept delivery requests via a dedicated app. The company's website, investor.rydesharing.com, serves as a resource for further information. Ryde Group Ltd focuses on technology-driven solutions to enhance mobility and delivery services, though specific details about its technology or operational metrics are not provided in the available data. Ryde Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ryde Group stock

Interest Coverage Ratio of Ryde Group is -241.53 in 2024.

Interest Coverage Ratio of Ryde Group changed from -26.37 to -241.53, representing a 816.09% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Ryde Group since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Ryde Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Ryde Group

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