Rite Aid Direct Expenses Trend from 2010 to 2020

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RAD -- USA Stock  

Fiscal Quarter End: 31st of May 2020  

Rite Aid Direct Expenses is decreasing over the years with very volatile fluctuation. Ongoing Direct Expenses is expected to grow to about 20.1 B this year. During the period from 2010 to 2020 Rite Aid Direct Expenses anual values regression line had geometric mean of 17,700,751,147 and significance of  0.97. Rite Aid Consolidated Income is expected to significantly increase based on the last few years of reporting. The last year's Consolidated Income was at 1.9 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 800.6 M, whereas Gross Profit is expected to decline to about 4.7 B.

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Check Rite Aid financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 20.1 B, Consolidated Income of 2 B or Cost of Revenue of 15.9 B, as well as many exotic indicators such as Interest Coverage of 0.3884, Long Term Debt to Equity of 4.71 or PPandE Turnover of 14.79. This can be a perfect complement to check Rite Aid Valuation or Volatility. It can also complement various Rite Aid Technical models. Additionally, take a look at the analysis of Rite Aid Correlation with competitors.

Rite Aid Direct Expenses Marginal Breakdown

Showing smoothed Direct Expenses of Rite Aid with missing and latest data points interpolated.
Direct Expenses10 Years Trend
Decreasing
Very volatile
 Direct Expenses 
      Timeline 

Rite Aid Direct Expenses Regression Statistics

Arithmetic Mean 17,725,235,574
Geometric Mean 17,700,751,147
Coefficient Of Variation 5.63
Mean Deviation 787,955,172
Median 17,201,635,000
Standard Deviation 998,253,336
Range 3,186,010,316
R-Value(0.014162)
R-Squared 0.00020055
Significance 0.97
Slope(4,262,404)

Rite Aid Direct Expenses Over Time

201018.2 B
201417 B
201917.2 B
202020.1 B

About Rite Aid Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include Rite Aid income statement, its balance sheet, and the statement of cash flows. Rite Aid investors use historical funamental indicators, such as Rite Aid's Direct Expenses, to determine how well the company is positioned to perform in the future. Although Rite Aid investors may use each financial statement separately, they are all related. The changes in Rite Aid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rite Aid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Rite Aid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Rite Aid. Please read more on our technical analysis and fundamental analysis pages.

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Additionally, take a look at the analysis of Rite Aid Correlation with competitors. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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