RadNet Stock Based Compensation vs Capital Expenditures Analysis

RDNT Stock

USD 82.49 1.04 1.28%

RadNet financial indicator trend analysis is much more than just breaking down RadNet Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RadNet Inc is a good investment. Please check the relationship between RadNet Stock Based Compensation and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Capital Expenditures

Stock Based Compensation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RadNet Inc Stock Based Compensation account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.

The correlation between RadNet's Stock Based Compensation and Capital Expenditures is 0.87. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of RadNet Inc, assuming nothing else is changed. The correlation between historical values of RadNet's Stock Based Compensation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of RadNet Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Stock Based Compensation i.e., RadNet's Stock Based Compensation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Capital Expenditures

Capital Expenditures are funds used by RadNet Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of RadNet operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from RadNet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RadNet Inc 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 RadNet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, RadNet's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 258.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 10.78 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	48.8M	50.8M	64.5M	36.6M
Depreciation And Amortization	170.7M	184.7M	189.5M	199.0M

Interest Expense Depreciation And Amortization

RadNet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.98	0.9	0.98	0.93	0.99	0.28	0.93	0.75	0.13	0.88	1.0	-0.06	0.88	0.39	0.99	-0.41	0.68	0.88	0.98	0.85	0.92	0.99	0.96	0.93	0.88
Short Long Term Debt Total	0.98		0.89	0.98	0.85	0.98	0.31	0.98	0.7	0.18	0.8	0.99	-0.09	0.8	0.46	0.96	-0.49	0.72	0.86	1.0	0.86	0.84	1.0	0.91	0.87	0.9
Other Current Liab	0.9	0.89		0.9	0.79	0.92	0.47	0.85	0.72	-0.22	0.78	0.91	-0.23	0.78	0.22	0.86	-0.21	0.56	0.78	0.89	0.69	0.78	0.9	0.83	0.77	0.89
Total Current Liabilities	0.98	0.98	0.9		0.86	0.98	0.4	0.95	0.76	0.17	0.8	0.99	-0.11	0.8	0.41	0.97	-0.41	0.71	0.91	0.97	0.86	0.84	0.98	0.89	0.85	0.93
Total Stockholder Equity	0.93	0.85	0.79	0.86		0.88	0.15	0.74	0.77	0.01	0.97	0.9	0.07	0.97	0.21	0.92	-0.21	0.5	0.8	0.85	0.71	0.99	0.85	0.98	0.96	0.74
Property Plant And Equipment Net	0.99	0.98	0.92	0.98	0.88		0.35	0.95	0.77	0.07	0.85	0.99	-0.08	0.84	0.32	0.96	-0.33	0.64	0.9	0.98	0.81	0.87	0.98	0.94	0.87	0.93
Current Deferred Revenue	0.28	0.31	0.47	0.4	0.15	0.35		0.32	0.26	-0.34	0.2	0.31	0.18	0.2	-0.11	0.25	-0.01	0.16	0.39	0.29	0.08	0.14	0.32	0.23	0.13	0.64
Net Debt	0.93	0.98	0.85	0.95	0.74	0.95	0.32		0.64	0.26	0.67	0.95	-0.16	0.67	0.52	0.91	-0.55	0.76	0.84	0.98	0.88	0.73	0.98	0.81	0.78	0.88
Retained Earnings	0.75	0.7	0.72	0.76	0.77	0.77	0.26	0.64		-0.01	0.67	0.76	-0.04	0.67	0.04	0.76	0.12	0.41	0.83	0.68	0.61	0.68	0.7	0.72	0.62	0.76
Accounts Payable	0.13	0.18	-0.22	0.17	0.01	0.07	-0.34	0.26	-0.01		-0.12	0.13	0.07	-0.12	0.67	0.18	-0.63	0.54	0.21	0.18	0.47	0.0	0.18	0.0	0.1	-0.03
Cash	0.88	0.8	0.78	0.8	0.97	0.85	0.2	0.67	0.67	-0.12		0.85	0.16	1.0	0.13	0.86	-0.17	0.42	0.71	0.8	0.6	0.98	0.81	0.97	0.95	0.72
Non Current Assets Total	1.0	0.99	0.91	0.99	0.9	0.99	0.31	0.95	0.76	0.13	0.85		-0.09	0.85	0.38	0.98	-0.4	0.68	0.9	0.99	0.85	0.89	0.99	0.94	0.9	0.9
Non Currrent Assets Other	-0.06	-0.09	-0.23	-0.11	0.07	-0.08	0.18	-0.16	-0.04	0.07	0.16	-0.09		0.16	-0.25	-0.08	0.0	-0.15	0.05	-0.11	-0.14	0.08	-0.11	0.09	0.08	0.02
Cash And Short Term Investments	0.88	0.8	0.78	0.8	0.97	0.84	0.2	0.67	0.67	-0.12	1.0	0.85	0.16		0.13	0.86	-0.17	0.42	0.71	0.8	0.59	0.98	0.8	0.97	0.95	0.72
Net Receivables	0.39	0.46	0.22	0.41	0.21	0.32	-0.11	0.52	0.04	0.67	0.13	0.38	-0.25	0.13		0.39	-0.83	0.88	0.21	0.48	0.63	0.24	0.46	0.23	0.39	0.22
Good Will	0.99	0.96	0.86	0.97	0.92	0.96	0.25	0.91	0.76	0.18	0.86	0.98	-0.08	0.86	0.39		-0.42	0.65	0.9	0.96	0.88	0.91	0.97	0.93	0.92	0.85
Common Stock Total Equity	-0.41	-0.49	-0.21	-0.41	-0.21	-0.33	-0.01	-0.55	0.12	-0.63	-0.17	-0.4	0.0	-0.17	-0.83	-0.42		-0.69	-0.22	-0.51	-0.6	-0.27	-0.49	-0.26	-0.43	-0.23
Common Stock Shares Outstanding	0.68	0.72	0.56	0.71	0.5	0.64	0.16	0.76	0.41	0.54	0.42	0.68	-0.15	0.42	0.88	0.65	-0.69		0.57	0.73	0.78	0.5	0.73	0.52	0.6	0.59
Short Term Investments	0.88	0.86	0.78	0.91	0.8	0.9	0.39	0.84	0.83	0.21	0.71	0.9	0.05	0.71	0.21	0.9	-0.22	0.57		0.84	0.8	0.76	0.87	0.82	0.72	0.88
Non Current Liabilities Total	0.98	1.0	0.89	0.97	0.85	0.98	0.29	0.98	0.68	0.18	0.8	0.99	-0.11	0.8	0.48	0.96	-0.51	0.73	0.84		0.87	0.85	1.0	0.9	0.88	0.88
Other Current Assets	0.85	0.86	0.69	0.86	0.71	0.81	0.08	0.88	0.61	0.47	0.6	0.85	-0.14	0.59	0.63	0.88	-0.6	0.78	0.8	0.87		0.7	0.87	0.72	0.77	0.7
Other Stockholder Equity	0.92	0.84	0.78	0.84	0.99	0.87	0.14	0.73	0.68	0.0	0.98	0.89	0.08	0.98	0.24	0.91	-0.27	0.5	0.76	0.85	0.7		0.85	0.98	0.98	0.72
Total Liab	0.99	1.0	0.9	0.98	0.85	0.98	0.32	0.98	0.7	0.18	0.81	0.99	-0.11	0.8	0.46	0.97	-0.49	0.73	0.87	1.0	0.87	0.85		0.91	0.88	0.9
Property Plant And Equipment Gross	0.96	0.91	0.83	0.89	0.98	0.94	0.23	0.81	0.72	0.0	0.97	0.94	0.09	0.97	0.23	0.93	-0.26	0.52	0.82	0.9	0.72	0.98	0.91		0.96	0.81
Total Current Assets	0.93	0.87	0.77	0.85	0.96	0.87	0.13	0.78	0.62	0.1	0.95	0.9	0.08	0.95	0.39	0.92	-0.43	0.6	0.72	0.88	0.77	0.98	0.88	0.96		0.71
Short Term Debt	0.88	0.9	0.89	0.93	0.74	0.93	0.64	0.88	0.76	-0.03	0.72	0.9	0.02	0.72	0.22	0.85	-0.23	0.59	0.88	0.88	0.7	0.72	0.9	0.81	0.71

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RadNet Account Relationship Matchups

RadNet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.8B	2.1B	2.4B	2.7B	2.8B
Short Long Term Debt Total	1.2B	1.2B	1.4B	1.5B	1.5B	1.6B
Other Current Liab	14.3M	166.5M	208.7M	232.4M	180.0M	189.0M
Total Current Liabilities	326.0M	398.1M	374.8M	466.7M	437.5M	459.3M
Total Stockholder Equity	151.7M	165.7M	228.9M	333.0M	630.7M	662.2M
Property Plant And Equipment Net	812.2M	883.0M	1.1B	1.2B	1.2B	1.3B
Current Deferred Revenue	1.3M	39.3M	10.7M	4.0M	4.6M	6.7M
Net Debt	1.1B	1.1B	1.3B	1.4B	1.1B	1.2B
Retained Earnings	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(79.6M)	(83.6M)
Accounts Payable	206.2M	70.1M	86.5M	102.7M	122.9M	72.6M
Cash	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Non Current Assets Total	1.4B	1.5B	1.7B	2.1B	2.1B	2.2B
Non Currrent Assets Other	38.6M	38.8M	38.2M	(160.9M)	48.0M	50.4M
Cash And Short Term Investments	40.2M	102.0M	134.6M	127.8M	342.6M	359.7M
Net Receivables	156.0M	135.4M	140.4M	185.3M	189.0M	99.6M
Good Will	441.0M	472.9M	513.8M	677.7M	679.5M	811.6M
Common Stock Shares Outstanding	50.2M	50.9M	53.4M	57.3M	64.7M	38.4M
Liabilities And Stockholders Equity	1.6B	1.8B	2.1B	2.4B	2.7B	2.8B
Non Current Liabilities Total	1.1B	1.1B	1.3B	1.5B	1.4B	1.5B
Other Current Assets	43.6M	33.0M	49.2M	54.0M	47.7M	50.0M
Other Stockholder Equity	262.9M	307.8M	342.6M	436.3M	722.8M	758.9M
Total Liab	1.4B	1.5B	1.7B	1.9B	1.9B	2.0B
Property Plant And Equipment Gross	812.2M	883.0M	1.1B	1.2B	2.0B	2.1B
Total Current Assets	241.8M	270.4M	324.3M	367.2M	579.3M	608.2M
Short Term Debt	104.2M	176.5M	142.1M	127.6M	129.9M	136.4M
Intangible Assets	43.0M	52.4M	56.6M	106.2M	90.6M	48.6M
Other Liab	9.5M	53.5M	16.4M	32.3M	37.1M	21.6M
Other Assets	73.1M	73.4M	53.0M	55.5M	63.8M	67.0M
Long Term Debt	652.7M	612.9M	743.5M	839.3M	812.1M	852.7M
Accumulated Other Comprehensive Income	(8.0M)	(24.1M)	(20.4M)	(20.7M)	(12.5M)	(13.1M)
Property Plant Equipment	366.7M	883.0M	1.1B	566.0M	650.9M	683.4M
Net Tangible Assets	(332.3M)	(359.5M)	(341.5M)	(450.9M)	(405.8M)	(385.5M)
Noncontrolling Interest In Consolidated Entity	81.5M	92.6M	117.3M	158.5M	182.2M	191.3M
Retained Earnings Total Equity	(103.2M)	(118.0M)	(93.3M)	(82.6M)	(74.4M)	(78.1M)
Long Term Debt Total	652.7M	612.9M	743.5M	839.3M	965.2M	1.0B

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