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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 611M | 30.8% |
| Gross Profit | 226M | 157.4% |
| Cost of Revenue | 386M | 1.6% |
| Operating expense | 69M | 1.9% |
| Net Income | 101M | 134.1% |
| EBITDA | 116M | 27.8% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.14B | 1% |
| Total Liabilities | 4.21B | 0.2% |
| Total Equity | 563M | 6.2% |
| Shares Outstanding | 60M | 0% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 184M | 2366.5% |
| Cash from investing | -106M | 33.3% |
| Cash from financing | -75M | 8% |
EPS
Financial Highlights for Ryman Hospitality Properties in Q2 '24
Ryman Hospitality Properties reported a revenue of 611M, which is a 30.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 226M, marking a 157.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 386M, a 1.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 69M, showing a -1.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 101M, showing a 134.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 116M, showing a -27.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Ryman Hospitality Properties with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
