Reading International Stock Debt To Equity
| RDI Stock | USD 1.45 0.01 0.69% |
Reading International fundamentals help investors to digest information that contributes to Reading International's financial success or failures. It also enables traders to predict the movement of Reading Stock. The fundamental analysis module provides a way to measure Reading International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reading International stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 6.31 | 6.63 |
Reading | Debt To Equity |
Reading International Company Debt To Equity Analysis
Reading International's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Reading International Debt To Equity | 5.62 % |
Most of Reading International's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reading International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reading Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Reading International is extremely important. It helps to project a fair market value of Reading Stock properly, considering its historical fundamentals such as Debt To Equity. Since Reading International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reading International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reading International's interrelated accounts and indicators.
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Reading Debt To Equity Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Reading International debt to equity as a starting point in their analysis.
Reading International Debt To Equity |
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Reading Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Reading International has a Debt To Equity of 5.617%. This is 95.87% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The debt to equity for all United States stocks is 88.47% higher than that of the company.
Reading Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reading International's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reading International could also be used in its relative valuation, which is a method of valuing Reading International by comparing valuation metrics of similar companies.Reading International is currently under evaluation in debt to equity category among its peers.
Reading International Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reading International from analyzing Reading International's financial statements. These drivers represent accounts that assess Reading International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reading International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 253.2M | 109.2M | 88.1M | 61.0M | 42.4M | 40.3M | |
| Enterprise Value | 691.7M | 606.5M | 485.9M | 474.7M | 448.3M | 244.7M |
Reading Fundamentals
| Return On Equity | -1.4 | ||||
| Return On Asset | -0.0213 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 443.54 M | ||||
| Shares Outstanding | 20.75 M | ||||
| Shares Owned By Insiders | 19.67 % | ||||
| Shares Owned By Institutions | 49.67 % | ||||
| Number Of Shares Shorted | 131.3 K | ||||
| Price To Earning | 7.14 X | ||||
| Price To Book | 6.28 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 222.74 M | ||||
| Gross Profit | 6.05 M | ||||
| EBITDA | 9.12 M | ||||
| Net Income | (30.67 M) | ||||
| Cash And Equivalents | 51.39 M | ||||
| Cash Per Share | 2.33 X | ||||
| Total Debt | 418.77 M | ||||
| Debt To Equity | 5.62 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 1.48 X | ||||
| Cash Flow From Operations | (10.6 M) | ||||
| Short Ratio | 5.45 X | ||||
| Earnings Per Share | (1.89) X | ||||
| Target Price | 1.75 | ||||
| Number Of Employees | 2.02 K | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 40.65 M | ||||
| Total Asset | 533.05 M | ||||
| Retained Earnings | (79.49 M) | ||||
| Working Capital | (88.37 M) | ||||
| Current Asset | 36.92 M | ||||
| Current Liabilities | 75.32 M | ||||
| Net Asset | 533.05 M |
About Reading International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reading International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reading International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reading International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reading International Stock:Check out Reading International Piotroski F Score and Reading International Altman Z Score analysis. For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 (1.89) | 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.