Reading International Financials

RDIB Stock  USD 6.70  0.29  4.52%   
Based on the analysis of Reading International's profitability, liquidity, and operating efficiency, Reading International B is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Reading International's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 466.2 M, whereas Short and Long Term Debt Total is forecasted to decline to about 247.7 M. Key indicators impacting Reading International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio6.636.3121
Sufficiently Up
Slightly volatile
Current Ratio0.290.3046
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Reading International includes many different criteria found on its balance sheet. An individual investor should monitor Reading International's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Reading International.

Net Income

(29.14 Million)

  
Understanding current and past Reading International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Reading International's financial statements are interrelated, with each one affecting the others. For example, an increase in Reading International's assets may result in an increase in income on the income statement.
Please note, the presentation of Reading International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Reading International's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Reading International's management manipulating its earnings.

Reading International Stock Summary

Reading International competes with ADTRAN, Belden, ADC Therapeutics, Comtech Telecommunicatio, and CTS. Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York. Reading International operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 2025 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7554082005
CUSIP755408200
LocationCalifornia; U.S.A
Business Address189 Second Avenue,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.readingrdi.com
Phone213 235 2240
CurrencyUSD - US Dollar

Reading International Key Financial Ratios

Reading International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets675.0M690.2M687.7M587.1M533.1M1.1B
Other Current Liab3.9M4.0M3.8M785K791K751.5K
Net Debt438.4M497.3M397.8M413.7M405.9M426.2M
Retained Earnings20.6M(44.6M)(12.6M)(48.8M)(79.5M)(75.5M)
Cash12.1M26.8M83.3M29.9M12.9M12.3M
Other Current Assets6.1M20.8M9.9M4.7M16.6M17.9M
Total Liab535.4M609.0M582.6M523.8M500.1M972.8M
Total Current Assets27.0M56.5M100.3M47.5M38.7M36.8M
Short Term Debt57.8M65.0M35.8M62.0M64.1M99.2M
Intangible Assets4.3M4.0M3.3M2.4M2.0M1.9M
Other Assets641.3M625.7M593.9K1.01.151.09
Net Receivables7.1M8.0M5.4M6.2M7.6M6.4M
Accounts Payable38.2M41.4M46.7M48.3M49.9M27.0M
Inventory1.7M1.1M1.4M1.6M1.6M1.1M
Good Will26.4M28.1M26.8M25.5M25.5M22.7M
Net Tangible Assets148.8M104.6M45.7M74.1M66.7M81.4M
Long Term Debt169.6M240.3M221.9M175.6M173.8M171.2M
Long Term Debt Total122.4M132.3M169.7M221.9M255.2M154.4M
Capital Surpluse145.9M147.5M148.6M152.0M174.8M159.6M

Reading International Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense7.9M9.4M13.7M14.4M19.4M27.7M
Total Revenue276.8M77.9M139.1M203.1M222.7M162.8M
Gross Profit57.3M(21.8M)6.1M15.4M8.1M7.7M
Operating Income9.1M(61.3M)(41.8M)(19.8M)(12.0M)(12.6M)
Ebit32.8M(61.7M)54.2M(42.3M)(11.2M)(11.7M)
Ebitda33.0M(17.8M)100.3M1.4M9.1M9.6M
Income Before Tax2.3M(70.8M)40.8M(35.8M)(30.6M)(29.1M)
Net Income(26.5M)(65.9M)31.9M(36.7M)(30.7M)(29.1M)
Income Tax Expense28.8M(5.0M)5.9M819K590K560.5K
Cost Of Revenue219.5M99.6M133.0M187.7M214.6M148.1M
Minority Interest4.3M3.4M2.9M476K512K486.4K
Tax Provision28.8M(5.0M)5.9M819K590K560.5K
Net Interest Income(7.9M)(9.4M)(13.7M)(14.4M)(19.4M)(18.4M)

Reading International Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(992K)14.7M61.7M(53.6M)(19.5M)(18.6M)
Free Cash Flow(21.1M)(48.7M)(29.1M)(35.7M)(15.1M)(15.8M)
Depreciation23.7M23.4M24.1M22.6M37.5M39.3M
Other Non Cash Items20.3M21.8M(72.0M)20.3M(18.6M)(17.7M)
Capital Expenditures45.7M18.5M15.6M9.4M4.5M4.2M
Net Income(26.5M)(65.9M)34.8M(36.7M)(30.7M)(29.1M)
End Period Cash Flow12.1M26.8M88.6M35.0M15.4M14.7M
Change To Inventory(704K)(4.8M)2.8M(978K)(880.2K)(836.2K)
Investments(51.9M)(245K)129.6M(9.5M)(2.7M)(2.8M)
Net Borrowings36.5M38.0M60.3M(44.8M)(51.5M)(48.9M)
Change To Netincome(509K)4.4M(18.3M)(91.4M)(82.3M)(78.2M)
Change Receivables(3.1M)2.9M704K(2.8M)(2.5M)(2.4M)

Reading Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Reading International's current stock value. Our valuation model uses many indicators to compare Reading International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reading International competition to find correlations between indicators driving Reading International's intrinsic value. More Info.
Reading International B is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At present, Reading International's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reading International's earnings, one of the primary drivers of an investment's value.

Reading International Systematic Risk

Reading International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reading International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Reading International correlated with the market. If Beta is less than 0 Reading International generally moves in the opposite direction as compared to the market. If Reading International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reading International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reading International is generally in the same direction as the market. If Beta > 1 Reading International moves generally in the same direction as, but more than the movement of the benchmark.

About Reading International Financials

What exactly are Reading International Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Reading International's income statement, its balance sheet, and the statement of cash flows. Potential Reading International investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Reading International investors may use each financial statement separately, they are all related. The changes in Reading International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Reading International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Reading International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Reading International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Reading International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0861

At present, Reading International's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Reading International November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Reading International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reading International B. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reading International B based on widely used predictive technical indicators. In general, we focus on analyzing Reading Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reading International's daily price indicators and compare them against related drivers.

Complementary Tools for Reading Stock analysis

When running Reading International's price analysis, check to measure Reading International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reading International is operating at the current time. Most of Reading International's value examination focuses on studying past and present price action to predict the probability of Reading International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reading International's price. Additionally, you may evaluate how the addition of Reading International to your portfolios can decrease your overall portfolio volatility.
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