Radiant Historical Balance Sheet

RLGT Stock  USD 7.22  0.12  1.69%   
Trend analysis of Radiant Logistics balance sheet accounts such as Total Stockholder Equity of 219.8 M, Net Debt of 26.9 M, Retained Earnings of 139.9 M or Cash of 26.1 M provides information on Radiant Logistics' total assets, liabilities, and equity, which is the actual value of Radiant Logistics to its prevalent stockholders. By breaking down trends over time using Radiant Logistics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Radiant Logistics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Radiant Logistics is a good buy for the upcoming year.

Radiant Logistics Inventory

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radiant Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.

About Radiant Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Radiant Logistics at a specified time, usually calculated after every quarter, six months, or one year. Radiant Logistics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Radiant Logistics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Radiant currently owns. An asset can also be divided into two categories, current and non-current.

Radiant Logistics Balance Sheet Chart

At this time, Radiant Logistics' Intangible Assets are comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 23.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 79 M in 2024.

Total Assets

Total assets refers to the total amount of Radiant Logistics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Radiant Logistics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Radiant Logistics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Radiant Logistics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Accounts Payable

An accounting item on the balance sheet that represents Radiant Logistics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Radiant Logistics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Radiant Logistics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Radiant Logistics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Radiant Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Radiant Stock please use our How to Invest in Radiant Logistics guide.At this time, Radiant Logistics' Intangible Assets are comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 23.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 79 M in 2024.
 2021 2023 2024 (projected)
Short and Long Term Debt Total69.2M58.0M52.8M
Total Assets497.4M371.2M209.5M

Radiant Logistics balance sheet Correlations

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0.55-0.070.710.450.860.250.970.770.760.530.470.280.10.40.510.580.950.380.570.50.460.590.560.020.34
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0.47-0.210.290.40.520.340.330.380.370.490.440.340.40.390.390.490.380.350.520.470.390.520.320.340.45
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Radiant Logistics Account Relationship Matchups

Radiant Logistics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets300.0M357.2M497.4M393.7M371.2M209.5M
Short Long Term Debt Total36.6M68.4M72.9M69.2M58.0M52.8M
Other Current Liab2.4M17.1M6.9M31.2M12.3M13.0M
Total Current Liabilities93.7M126.4M187.7M132.2M110.5M79.0M
Total Stockholder Equity137.4M161.1M194.4M204.9M209.4M219.8M
Net Debt33.5M59.2M46.9M36.8M33.1M26.9M
Retained Earnings37.4M60.4M105.0M125.6M133.3M139.9M
Cash34.8M13.7M24.4M32.5M24.9M26.1M
Cash And Short Term Investments5.4M34.8M13.7M32.5M24.9M26.1M
Common Stock Shares Outstanding51.1M51.2M48.7M49.6M48.8M44.7M
Liabilities And Stockholders Equity267.7M300.0M357.2M393.7M371.2M191.7M
Non Current Liabilities Total68.1M69.5M115.1M56.5M51.2M43.1M
Other Stockholder Equity99.5M99.6M(796K)81.4M79.6M55.1M
Total Liab161.9M195.8M302.8M188.6M161.7M121.9M
Total Current Assets140.6M176.3M289.3M180.6M164.2M106.2M
Property Plant And Equipment Net31.3M63.2M65.9M82.2M75.4M79.2M
Accounts Payable65.0M103.7M137.9M84.6M73.6M63.7M
Non Current Assets Total159.5M180.9M208.0M213.2M207.0M108.6M
Non Currrent Assets Other4.8M3.8M5.3M5.2M2.6M2.7M
Net Receivables88.9M162.4M225.3M132.9M128.8M94.5M
Good Will72.2M72.6M88.2M89.2M93.0M47.7M
Other Current Assets16.8M17.5M17.3M30.4M10.6M8.1M
Property Plant And Equipment Gross31.3M63.2M65.9M82.2M119.5M125.5M
Accumulated Other Comprehensive Income187K445K1.1M(2.2M)(3.5M)(3.4M)
Intangible Assets51.2M41.4M48.5M36.6M34.9M35.5M
Current Deferred Revenue19.1M15.7M23.3M27.5M22.2M23.4M
Short Term Debt4.1M10.6M19.9M16M24.5M23.3M
Other Liab10.4M8.8M9.4M3.2M3.7M3.5M
Other Assets4.2M3.8M3.5M2.9M3.4M2.4M
Long Term Debt32.5M48.1M24M66.7M76.7M80.6M
Property Plant Equipment31.3M63.2M65.9M82.2M94.5M99.2M

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Additional Tools for Radiant Stock Analysis

When running Radiant Logistics' price analysis, check to measure Radiant Logistics' 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 Radiant Logistics is operating at the current time. Most of Radiant Logistics' value examination focuses on studying past and present price action to predict the probability of Radiant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Logistics' price. Additionally, you may evaluate how the addition of Radiant Logistics to your portfolios can decrease your overall portfolio volatility.