Reading Treasury Stock vs Short Term Debt Analysis

RDI Stock  USD 1.44  0.09  6.67%   
Reading International financial indicator trend analysis is much more than just breaking down Reading International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reading International is a good investment. Please check the relationship between Reading International Treasury Stock and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reading International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.

Treasury Stock vs Short Term Debt

Treasury Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reading International Treasury Stock account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Reading International's Treasury Stock and Short Term Debt is -0.09. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Reading International, assuming nothing else is changed. The correlation between historical values of Reading International's Treasury Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Reading International are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Treasury Stock i.e., Reading International's Treasury Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Short Term Debt

Most indicators from Reading International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reading International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reading International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.As of now, Reading International's Sales General And Administrative To Revenue is increasing as compared to previous years. The Reading International's current Enterprise Value Over EBITDA is estimated to increase to 51.62, while Selling General Administrative is projected to decrease to under 15.7 M.

Reading International fundamental ratios Correlations

-0.040.920.93-0.41-0.2-0.090.340.68-0.48-0.250.92-0.990.92-0.280.79-0.991.0-0.110.920.780.12-0.91-0.94-0.05-0.79
-0.04-0.28-0.24-0.50.910.92-0.3-0.060.84-0.37-0.260.17-0.270.96-0.14-0.030.010.81-0.260.21-0.710.380.340.32-0.28
0.92-0.281.0-0.16-0.51-0.410.480.76-0.61-0.081.0-0.931.0-0.480.8-0.910.9-0.431.00.60.41-0.93-0.97-0.12-0.67
0.93-0.241.0-0.19-0.48-0.380.460.76-0.59-0.11.0-0.941.0-0.450.79-0.920.92-0.391.00.630.38-0.93-0.97-0.11-0.69
-0.41-0.5-0.16-0.19-0.45-0.590.6-0.13-0.030.7-0.160.39-0.16-0.32-0.270.4-0.47-0.66-0.17-0.70.430.120.220.060.52
-0.20.91-0.51-0.48-0.450.97-0.37-0.340.83-0.44-0.50.31-0.50.92-0.290.14-0.160.92-0.50.07-0.820.520.510.29-0.09
-0.090.92-0.41-0.38-0.590.97-0.43-0.30.76-0.41-0.40.19-0.40.89-0.20.03-0.040.94-0.410.24-0.820.420.40.18-0.19
0.34-0.30.480.460.6-0.37-0.430.26-0.160.410.47-0.320.47-0.310.36-0.410.29-0.480.47-0.130.12-0.41-0.360.09-0.09
0.68-0.060.760.76-0.13-0.34-0.30.26-0.37-0.160.78-0.660.76-0.20.51-0.650.68-0.360.780.420.38-0.71-0.720.44-0.61
-0.480.84-0.61-0.59-0.030.830.76-0.16-0.37-0.03-0.60.6-0.60.94-0.470.39-0.450.64-0.6-0.27-0.630.70.70.30.15
-0.25-0.37-0.08-0.10.7-0.44-0.410.41-0.16-0.03-0.090.25-0.08-0.3-0.310.26-0.3-0.55-0.09-0.260.320.050.11-0.20.38
0.92-0.261.01.0-0.16-0.5-0.40.470.78-0.6-0.09-0.931.0-0.460.79-0.910.9-0.421.00.60.4-0.93-0.97-0.08-0.68
-0.990.17-0.93-0.940.390.310.19-0.32-0.660.60.25-0.93-0.940.4-0.80.97-0.980.18-0.93-0.76-0.20.930.970.130.75
0.92-0.271.01.0-0.16-0.5-0.40.470.76-0.6-0.081.0-0.94-0.470.8-0.910.91-0.421.00.60.4-0.93-0.97-0.11-0.67
-0.280.96-0.48-0.45-0.320.920.89-0.31-0.20.94-0.3-0.460.4-0.47-0.290.21-0.230.78-0.47-0.07-0.70.570.550.38-0.08
0.79-0.140.80.79-0.27-0.29-0.20.360.51-0.47-0.310.79-0.80.8-0.29-0.790.79-0.220.80.430.18-0.73-0.78-0.1-0.64
-0.99-0.03-0.91-0.920.40.140.03-0.41-0.650.390.26-0.910.97-0.910.21-0.79-0.990.06-0.91-0.75-0.030.860.90.050.79
1.00.010.90.92-0.47-0.16-0.040.290.68-0.45-0.30.9-0.980.91-0.230.79-0.99-0.060.90.80.08-0.88-0.92-0.05-0.81
-0.110.81-0.43-0.39-0.660.920.94-0.48-0.360.64-0.55-0.420.18-0.420.78-0.220.06-0.06-0.430.22-0.850.440.410.12-0.16
0.92-0.261.01.0-0.17-0.5-0.410.470.78-0.6-0.091.0-0.931.0-0.470.8-0.910.9-0.430.60.4-0.93-0.97-0.09-0.68
0.780.210.60.63-0.70.070.24-0.130.42-0.27-0.260.6-0.760.6-0.070.43-0.750.80.220.6-0.09-0.62-0.67-0.21-0.7
0.12-0.710.410.380.43-0.82-0.820.120.38-0.630.320.4-0.20.4-0.70.18-0.030.08-0.850.4-0.09-0.47-0.44-0.220.0
-0.910.38-0.93-0.930.120.520.42-0.41-0.710.70.05-0.930.93-0.930.57-0.730.86-0.880.44-0.93-0.62-0.470.980.130.64
-0.940.34-0.97-0.970.220.510.4-0.36-0.720.70.11-0.970.97-0.970.55-0.780.9-0.920.41-0.97-0.67-0.440.980.160.68
-0.050.32-0.12-0.110.060.290.180.090.440.3-0.2-0.080.13-0.110.38-0.10.05-0.050.12-0.09-0.21-0.220.130.16-0.15
-0.79-0.28-0.67-0.690.52-0.09-0.19-0.09-0.610.150.38-0.680.75-0.67-0.08-0.640.79-0.81-0.16-0.68-0.70.00.640.68-0.15
Click cells to compare fundamentals

Reading International Account Relationship Matchups

Reading International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets675.0M690.2M687.7M587.1M533.1M1.1B
Short Long Term Debt Total450.6M524.1M481.1M443.6M418.8M247.7M
Other Current Liab3.9M4.0M3.8M785K791K751.5K
Total Current Liabilities111.1M120.6M107.0M121.7M127.1M120.7M
Total Stockholder Equity135.3M77.8M104.1M62.9M33.1M31.4M
Property Plant And Equipment Net488.0M573.6M534.0M487.4M444.0M466.2M
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
Non Current Assets Total648.0M633.7M587.4M539.5M494.3M252.9M
Non Currrent Assets Other120.7M18.8M16.1M18.2M8.1M7.7M
Cash And Short Term Investments12.1M26.9M83.3M30.0M13.2M12.5M
Common Stock Shares Outstanding22.6M21.7M22.4M22.0M22.2M16.0M
Short Term Investments47K26K23K17K15.3K14.5K
Liabilities And Stockholders Equity675.0M690.2M687.7M587.1M533.1M1.1B
Non Current Liabilities Total424.2M488.4M475.7M402.1M373.0M195.1M
Other Current Assets6.1M20.8M9.9M4.7M16.6M17.9M
Other Stockholder Equity108.9M109.6M111.6M113.4M115.0M97.4M
Total Liab535.4M609.0M582.6M523.8M500.1M972.8M
Property Plant And Equipment Gross488.0M573.6M534.0M746.9M661.9M695.0M
Total Current Assets27.0M56.5M100.3M47.5M38.7M36.8M
Short Term Debt57.8M65.0M35.8M62.0M64.1M99.2M
Accumulated Other Comprehensive Income5.6M12.5M4.9M(2.0M)(2.7M)(2.5M)
Intangible Assets4.3M4.0M3.3M2.4M2.0M1.9M
Other Assets10.1M11.4M580.9M1.01.151.09
Net Receivables7.1M8.0M5.4M6.2M7.6M6.4M
Accounts Payable38.2M41.4M46.7M48.3M49.9M27.0M
Other Liab40.5M25.2M29.1M30.4M34.9M31.0M
Long Term Debt169.6M240.3M221.9M175.6M173.8M150.3M
Inventory1.7M1.1M1.4M1.6M1.6M1.1M
Property Plant Equipment257.7M258.1M585.2M306.7M352.7M255.1M
Current Deferred Revenue11.3M10.1M10.0M10.3M11.0M8.6M
Good Will26.4M28.1M26.8M25.5M25.5M22.7M
Treasury Stock(22.9M)(25.2M)(39.7M)(40.4M)(36.4M)(34.5M)
Noncontrolling Interest In Consolidated Entity4.3M4.3M4.3M986K1.1M1.1M
Retained Earnings Total Equity32.7M47.6M20.6M(12.6M)(14.5M)(13.8M)
Deferred Long Term Liab12.3M11.7M12.6M7.5M8.6M10.6M

Currently Active Assets on Macroaxis

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reading International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
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
(1.88)
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.