Radiant Logistics Return On Equity vs. Cash And Equivalents
| RLGT Stock | USD 7.54 0.32 4.43% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.03670676 | Current Value (0.03) | Quarterly Volatility 0.08017512 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.24 | 0.1747 |
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For Radiant Logistics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Radiant Logistics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Radiant Logistics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Radiant Logistics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Radiant Logistics over time as well as its relative position and ranking within its peers.
Radiant |
Radiant Logistics' Revenue Breakdown by Earning Segment
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Is Air Freight & Logistics 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 Radiant Logistics. If investors know Radiant 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 Radiant Logistics 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 0.4 | Earnings Share 0.17 | Revenue Per Share 16.955 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0157 |
The market value of Radiant Logistics is measured differently than its book value, which is the value of Radiant that is recorded on the company's balance sheet. Investors also form their own opinion of Radiant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Radiant Logistics' 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 Radiant Logistics' market value can be influenced by many factors that don't directly affect Radiant Logistics' 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 Radiant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Radiant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radiant Logistics' 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.
Radiant Logistics Cash And Equivalents vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Radiant Logistics's current stock value. Our valuation model uses many indicators to compare Radiant Logistics value to that of its competitors to determine the firm's financial worth. Radiant Logistics is rated fourth in return on equity category among its peers. It also is rated fourth in cash and equivalents category among its peers creating about 958,133,971 of Cash And Equivalents per Return On Equity. At this time, Radiant Logistics' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Radiant Logistics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Radiant Cash And Equivalents vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Radiant Logistics |
| = | 0.0418 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Radiant Logistics |
| = | 40.05 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Radiant Cash And Equivalents Comparison
Radiant Logistics is currently under evaluation in cash and equivalents category among its peers.
Radiant Logistics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Radiant Logistics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Radiant Logistics will eventually generate negative long term returns. The profitability progress is the general direction of Radiant Logistics' change in net profit over the period of time. It can combine multiple indicators of Radiant Logistics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.5 M | -3.4 M | |
| Operating Income | 9.3 M | 10.7 M | |
| Income Before Tax | 9.7 M | 11.2 M | |
| Total Other Income Expense Net | 422 K | 451.9 K | |
| Net Income | 8.2 M | 8.4 M | |
| Income Tax Expense | 1.5 M | 1.6 M | |
| Net Income Applicable To Common Shares | 23.7 M | 24.9 M | |
| Net Income From Continuing Ops | 8.2 M | 14.2 M | |
| Non Operating Income Net Other | 1 M | 1.1 M | |
| Interest Income | 2.3 M | 2.4 M | |
| Net Interest Income | 1.3 M | 1.3 M | |
| Change To Netincome | -461.1 K | -438.1 K | |
| Net Loss | 0.16 | (0.01) | |
| Income Quality | 2.11 | (0.24) | |
| Net Income Per E B T | 0.79 | 0.55 |
Radiant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Radiant Logistics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Radiant Logistics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Radiant Logistics' important profitability drivers and their relationship over time.
Use Radiant Logistics in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Radiant Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Radiant Logistics will appreciate offsetting losses from the drop in the long position's value.Radiant Logistics Pair Trading
Radiant Logistics Pair Trading Analysis
The ability to find closely correlated positions to Radiant Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radiant Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Radiant Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Radiant Logistics to buy it.
The correlation of Radiant Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Radiant Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radiant Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Radiant Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Radiant Logistics position
In addition to having Radiant Logistics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.