Red Selling General Administrative vs Operating Income Analysis

RRGB Stock  USD 5.39  0.21  4.05%   
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 Selling General Administrative and its Operating 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.

Selling General Administrative vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Robin Gourmet Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Red Robin's Selling General Administrative and Operating Income is 0.27. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating 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 Selling General Administrative and Operating 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 Selling General Administrative of Red Robin Gourmet are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., Red Robin's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from Red Robin Gourmet operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Red Robin Gourmet is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Expense13.5M20.6M26.6M27.9M
Depreciation And Amortization83.4M76.2M66.2M56.8M

Red Robin fundamental ratios Correlations

0.370.630.340.180.340.61-0.060.810.860.150.850.20.660.640.260.860.80.070.670.630.630.960.90.390.99
0.37-0.47-0.07-0.2-0.070.15-0.04-0.190.36-0.380.030.840.130.280.940.440.380.88-0.080.2-0.460.120.380.980.33
0.63-0.470.330.30.330.43-0.020.890.440.450.7-0.550.440.34-0.520.390.41-0.640.660.360.990.80.5-0.450.67
0.34-0.070.33-0.011.00.560.460.420.60.670.48-0.270.520.07-0.150.310.04-0.220.430.410.330.330.13-0.160.28
0.18-0.20.3-0.01-0.010.11-0.030.350.140.120.34-0.120.23-0.02-0.290.06-0.1-0.290.14-0.220.290.270.26-0.190.19
0.34-0.070.331.0-0.010.560.460.420.60.670.48-0.270.520.07-0.150.310.04-0.220.430.410.330.330.13-0.160.28
0.610.150.430.560.110.560.680.50.790.440.70.120.460.27-0.080.710.320.060.880.650.40.570.520.020.54
-0.06-0.04-0.020.46-0.030.460.68-0.090.210.530.12-0.12-0.05-0.45-0.270.03-0.340.070.410.06-0.08-0.06-0.18-0.23-0.13
0.81-0.190.890.420.350.420.5-0.090.690.430.89-0.280.620.48-0.280.630.62-0.490.730.540.890.930.68-0.170.81
0.860.360.440.60.140.60.790.210.690.270.880.30.80.570.230.930.690.110.780.790.460.780.820.320.8
0.15-0.380.450.670.120.670.440.530.430.270.36-0.580.21-0.27-0.530.01-0.13-0.540.410.120.380.27-0.09-0.480.12
0.850.030.70.480.340.480.70.120.890.880.360.010.790.42-0.130.820.66-0.260.840.650.720.890.830.010.82
0.20.84-0.55-0.27-0.12-0.270.12-0.12-0.280.3-0.580.010.110.40.780.470.390.83-0.040.27-0.52-0.030.40.840.15
0.660.130.440.520.230.520.46-0.050.620.80.210.790.110.360.090.70.62-0.20.580.60.470.620.740.140.62
0.640.280.340.07-0.020.070.27-0.450.480.57-0.270.420.40.360.360.720.690.20.370.690.390.560.670.370.64
0.260.94-0.52-0.15-0.29-0.15-0.08-0.27-0.280.23-0.53-0.130.780.090.360.330.330.85-0.250.18-0.49-0.010.280.970.24
0.860.440.390.310.060.310.710.030.630.930.010.820.470.70.720.330.790.210.770.870.420.760.890.430.81
0.80.380.410.04-0.10.040.32-0.340.620.69-0.130.660.390.620.690.330.790.130.50.620.440.740.850.440.8
0.070.88-0.64-0.22-0.29-0.220.060.07-0.490.11-0.54-0.260.83-0.20.20.850.210.13-0.260.02-0.62-0.180.140.850.04
0.67-0.080.660.430.140.430.880.410.730.780.410.84-0.040.580.37-0.250.770.5-0.260.780.650.720.61-0.150.63
0.630.20.360.41-0.220.410.650.060.540.790.120.650.270.60.690.180.870.620.020.780.380.550.60.190.57
0.63-0.460.990.330.290.330.4-0.080.890.460.380.72-0.520.470.39-0.490.420.44-0.620.650.380.810.53-0.420.68
0.960.120.80.330.270.330.57-0.060.930.780.270.89-0.030.620.56-0.010.760.74-0.180.720.550.810.840.130.97
0.90.380.50.130.260.130.52-0.180.680.82-0.090.830.40.740.670.280.890.850.140.610.60.530.840.420.9
0.390.98-0.45-0.16-0.19-0.160.02-0.23-0.170.32-0.480.010.840.140.370.970.430.440.85-0.150.19-0.420.130.420.36
0.990.330.670.280.190.280.54-0.130.810.80.120.820.150.620.640.240.810.80.040.630.570.680.970.90.36
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Red Robin Account Relationship Matchups

Red Robin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B974.7M929.0M832.1M741.9M633.8M
Total Stockholder Equity360.5M120.7M77.0M5.4M(20.4M)(19.4M)
Net Debt685.0M675.0M638.2M598.3M587.2M616.5M
Cash30.0M16.1M22.8M48.8M23.6M18.2M
Other Assets61.5M10.5M826.8M7.3M1.00.95
Cash And Short Term Investments30.0M16.1M22.8M48.8M23.6M18.2M
Common Stock Shares Outstanding13.0M14.3M15.7M15.8M15.8M14.9M
Liabilities And Stockholders Equity1.2B974.7M929.0M832.1M741.9M633.8M
Other Stockholder Equity11.6M43.5M49.8M56.0M55.0M67.5M
Total Liab877.1M854.0M852.0M826.8M762.4M406.1M
Total Current Assets105.5M86.9M102.2M119.6M91.8M67.5M
Other Current Liab64.6M57.3M63.2M115.5M62.9M38.7M
Total Current Liabilities194.6M202.6M223.3M216.6M186.3M130.5M
Other Liab10.2M25.3M26.3M4.9M5.6M5.3M
Accounts Payable33.0M20.2M32.5M39.3M27.7M20.0M
Long Term Debt206.9M161.0M167.3M203.2M182.6M160.4M
Good Will95.8M96.4M0.01K900.0855.0
Inventory26.4M23.8M25.2M26.4M26.8M19.0M
Other Current Assets26.6M30.5M17.0M22.3M19.7M14.3M
Intangible Assets30.0M24.7M21.3M17.7M15.5M26.9M
Property Plant Equipment518.0M427.0M386.3M687.5M790.6M438.5M
Short Long Term Debt Total715.0M691.2M660.9M647.1M618.5M649.5M
Property Plant And Equipment Net944.3M852.6M787.2M679.9M629.1M524.7M
Current Deferred Revenue54.2M50.1M54.2M43.4M36.1M40.2M
Retained Earnings353.3M77.2M27.2M(50.6M)(75.4M)(71.6M)
Non Current Assets Total1.1B887.8M826.8M712.6M650.2M628.2M
Non Currrent Assets Other61.5M10.5M18.4M(112.0M)3.5M3.3M
Net Receivables22.4M16.5M37.2M22.0M21.6M17.7M
Non Current Liabilities Total682.5M651.5M628.7M610.1M576.0M311.4M
Property Plant And Equipment Gross944.3M852.6M787.2M679.9M1.5B1.5B
Accumulated Other Comprehensive Income(4.4M)(4K)1K(34K)(22K)(23.1K)
Short Term Debt42.7M65.0M59.7M51.9M44.8M34.2M
Treasury Stock(201.5M)(202.3M)(199.9M)(192.8M)(173.5M)(182.2M)
Net Tangible Assets234.1M96.0M55.7M(12.4M)(11.1M)(10.6M)
Retained Earnings Total Equity376.3M353.3M77.2M27.2M24.5M23.3M
Long Term Debt Total193.4M206.9M161.0M167.3M192.4M188.8M
Capital Surpluse212.8M213.9M243.4M242.6M278.9M229.9M
Deferred Long Term Liab75.0M77.1M1M3.3M3.0M2.8M

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.