Red Gross Profit vs Net Income Analysis
RRGB Stock | USD 5.18 0.30 5.47% |
Red Robin financial indicator trend analysis is much more than just breaking down Red Robin Gourmet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Robin Gourmet is a good investment. Please check the relationship between Red Robin Gross Profit and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Robin Gourmet. 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.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Robin Gourmet Gross Profit account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Red Robin's Gross Profit and Net Income is 0.25. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Red Robin Gourmet, assuming nothing else is changed. The correlation between historical values of Red Robin's Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Red Robin Gourmet are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Red Robin's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Red Robin Gourmet minus its cost of goods sold. It is profit before Red Robin operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Red Robin Gourmet financial statement analysis. It represents the amount of money remaining after all of Red Robin Gourmet operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Red Robin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Robin Gourmet 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 Red Robin Gourmet. 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. The current year's Tax Provision is expected to grow to about 705.9 K, whereas Selling General Administrative is forecasted to decline to about 117.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.5M | 20.6M | 26.6M | 27.9M | Depreciation And Amortization | 83.4M | 76.2M | 66.2M | 56.8M |
Red Robin fundamental ratios Correlations
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Red Robin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Red Robin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 974.7M | 929.0M | 832.1M | 741.9M | 633.8M | |
Total Stockholder Equity | 360.5M | 120.7M | 77.0M | 5.4M | (20.4M) | (19.4M) | |
Net Debt | 685.0M | 675.0M | 638.2M | 598.3M | 587.2M | 616.5M | |
Cash | 30.0M | 16.1M | 22.8M | 48.8M | 23.6M | 18.2M | |
Other Assets | 61.5M | 10.5M | 826.8M | 7.3M | 1.0 | 0.95 | |
Cash And Short Term Investments | 30.0M | 16.1M | 22.8M | 48.8M | 23.6M | 18.2M | |
Common Stock Shares Outstanding | 13.0M | 14.3M | 15.7M | 15.8M | 15.8M | 14.9M | |
Liabilities And Stockholders Equity | 1.2B | 974.7M | 929.0M | 832.1M | 741.9M | 633.8M | |
Other Stockholder Equity | 11.6M | 43.5M | 49.8M | 56.0M | 55.0M | 67.5M | |
Total Liab | 877.1M | 854.0M | 852.0M | 826.8M | 762.4M | 406.1M | |
Total Current Assets | 105.5M | 86.9M | 102.2M | 119.6M | 91.8M | 67.5M | |
Other Current Liab | 64.6M | 57.3M | 63.2M | 115.5M | 62.9M | 38.7M | |
Total Current Liabilities | 194.6M | 202.6M | 223.3M | 216.6M | 186.3M | 130.5M | |
Other Liab | 10.2M | 25.3M | 26.3M | 4.9M | 5.6M | 5.3M | |
Accounts Payable | 33.0M | 20.2M | 32.5M | 39.3M | 27.7M | 20.0M | |
Long Term Debt | 206.9M | 161.0M | 167.3M | 203.2M | 182.6M | 160.4M | |
Good Will | 95.8M | 96.4M | 0.0 | 1K | 900.0 | 855.0 | |
Inventory | 26.4M | 23.8M | 25.2M | 26.4M | 26.8M | 19.0M | |
Other Current Assets | 26.6M | 30.5M | 17.0M | 22.3M | 19.7M | 14.3M | |
Intangible Assets | 30.0M | 24.7M | 21.3M | 17.7M | 15.5M | 26.9M | |
Property Plant Equipment | 518.0M | 427.0M | 386.3M | 687.5M | 790.6M | 438.5M | |
Short Long Term Debt Total | 715.0M | 691.2M | 660.9M | 647.1M | 618.5M | 649.5M | |
Property Plant And Equipment Net | 944.3M | 852.6M | 787.2M | 679.9M | 629.1M | 524.7M | |
Current Deferred Revenue | 54.2M | 50.1M | 54.2M | 43.4M | 36.1M | 40.2M | |
Retained Earnings | 353.3M | 77.2M | 27.2M | (50.6M) | (75.4M) | (71.6M) | |
Non Current Assets Total | 1.1B | 887.8M | 826.8M | 712.6M | 650.2M | 628.2M | |
Non Currrent Assets Other | 61.5M | 10.5M | 18.4M | (112.0M) | 3.5M | 3.3M | |
Net Receivables | 22.4M | 16.5M | 37.2M | 22.0M | 21.6M | 17.7M | |
Non Current Liabilities Total | 682.5M | 651.5M | 628.7M | 610.1M | 576.0M | 311.4M | |
Property Plant And Equipment Gross | 944.3M | 852.6M | 787.2M | 679.9M | 1.5B | 1.5B | |
Accumulated Other Comprehensive Income | (4.4M) | (4K) | 1K | (34K) | (22K) | (23.1K) | |
Short Term Debt | 42.7M | 65.0M | 59.7M | 51.9M | 44.8M | 34.2M | |
Treasury Stock | (201.5M) | (202.3M) | (199.9M) | (192.8M) | (173.5M) | (182.2M) | |
Net Tangible Assets | 234.1M | 96.0M | 55.7M | (12.4M) | (11.1M) | (10.6M) | |
Retained Earnings Total Equity | 376.3M | 353.3M | 77.2M | 27.2M | 24.5M | 23.3M | |
Long Term Debt Total | 193.4M | 206.9M | 161.0M | 167.3M | 192.4M | 188.8M | |
Capital Surpluse | 212.8M | 213.9M | 243.4M | 242.6M | 278.9M | 229.9M | |
Deferred Long Term Liab | 75.0M | 77.1M | 1M | 3.3M | 3.0M | 2.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Red Robin Gourmet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red Robin'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 Red Robin Gourmet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red Robin Gourmet Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Robin Gourmet. 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. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Hotels, Restaurants & Leisure 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 Red Robin. If investors know Red 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 Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.29) | Revenue Per Share 81.497 | Quarterly Revenue Growth (0.01) | Return On Assets (0.02) | Return On Equity (2.38) |
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin'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 Red Robin's market value can be influenced by many factors that don't directly affect Red Robin'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 Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin'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.