Reading Ebit from 2010 to 2024

RDIB Stock  USD 6.63  0.27  4.25%   
Reading International's EBIT is decreasing over the years with slightly volatile fluctuation. EBIT is expected to dwindle to about -11.7 M. From 2010 to 2024 Reading International EBIT quarterly data regression line had arithmetic mean of  14,001,054 and r-squared of  0.17. View All Fundamentals
 
EBIT  
First Reported
1989-06-30
Previous Quarter
-4.4 M
Current Value
-1.1 M
Quarterly Volatility
35.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reading International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reading International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.3 M, Interest Expense of 27.7 M or Total Revenue of 162.8 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0087 or PTB Ratio of 0.88. Reading financial statements analysis is a perfect complement when working with Reading International Valuation or Volatility modules.
  
Check out the analysis of Reading International Correlation against competitors.
For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.

Latest Reading International's Ebit Growth Pattern

Below is the plot of the Ebit of Reading International B over the last few years. It is Reading International's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reading International's overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Reading Ebit Regression Statistics

Arithmetic Mean14,001,054
Geometric Mean27,521,676
Coefficient Of Variation230.55
Mean Deviation24,389,209
Median23,218,000
Standard Deviation32,279,698
Sample Variance1042T
Range115.9M
R-Value(0.41)
Mean Square Error936.4T
R-Squared0.17
Significance0.13
Slope(2,936,786)
Total Sum of Squares14587.7T

Reading Ebit History

2024-11.7 M
2023-11.2 M
2022-42.3 M
202154.2 M
2020-61.7 M
201932.8 M
201845.9 M

Other Fundumenentals of Reading International

About Reading International Financial Statements

Reading International stakeholders use historical fundamental indicators, such as Reading International's Ebit, to determine how well the company is positioned to perform in the future. Although Reading International investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reading International's assets and liabilities are reflected in the revenues and expenses on Reading International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Reading International B. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EBIT-11.2 M-11.7 M
EBITDA9.1 M9.6 M
Ebt Per Ebit 2.54  3.53 
Ebit Per Revenue(0.05)(0.06)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Reading International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reading International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reading International B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reading International B Stock:
Check out the analysis of Reading International Correlation against competitors.
For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Movies & Entertainment space 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 Reading International. If investors know Reading 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 Reading International 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
(0.29)
Earnings Share
(1.88)
Revenue Per Share
9.128
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.02)
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International'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 Reading International's market value can be influenced by many factors that don't directly affect Reading International'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 Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International'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.